$ONDO plunges to $0.3395 as the tokenized treasuries leader faces aggressive selling.
What's Happening:
Price Action: Ondo drops 11.3% to $0.3395 — the steepest RWA token decline.
TVL Stable: Tokenized treasury holdings remain stable despite token crash.
RWA Narrative: Real World Asset tokenization narrative cooling temporarily.
Institutional Interest: TradFi partnerships continue despite market weakness.
Why It Matters:
Ondo tokenizes US treasuries — actual yield-bearing assets. The TVL in tokenized products provides fundamental floor regardless of ONDO token price. When fear peaks, sometimes the most fundamentally sound assets get sold too.
Technical View:
$0.30 is critical support. A hold could spark aggressive mean reversion to $0.50. A breakdown risks $0.25. TVL stability vs token volatility creates potential opportunity.
🎯 Key Levels:
Support: $0.30 | Resistance: $0.50
24h Range: $0.3227 - $0.3829
💡 "Treasury yields don't care about crypto fear. Ondo's TVL is backed by real T-bills — the token price is noise."
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Ondo #ONDO #RWA #TokenizedTreasuries #CryptoNews
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
