Ondo price hovers around $0.26 after bouncing off crucial support.
Ondo leads tokenized stocks, ETFs with over $825M TVL peak.
Failure to hold support could see ONDO dip to $0.20.
Ondo (ONDO) is trading near a critical psychological support zone, with intraday action including a retest of resistance above $0.26.
The token is poised at these levels as on‑chain activity around tokenized stocks and exchange-traded funds (ETFs) attracts institutional and retail capital.
However, with prices pegged in a narrow range below $0.30 since early February, could the broader real‑world asset (RWA) sector growth buoy ONDO?
Ondo Finance powers access to tokenized stocks and ETFs
Ondo Finance has emerged as one of the largest platforms for tokenized stocks and ETFs.
Currently, it accounts for over half of the sector’s total market by value, with RWA‑focused analytics trackers showing the protocol hitting over $825 million in total value locked (TVL) at peak.
The traction cuts across more than 250 tokenized US stocks and ETFs, including blue‑chip names such as NVDA, AAPL, and major ETFs like SPY and QQQ.
These assets are now available across Solana, Ethereum, and BNB Chain, giving holders cross‑chain exposure and liquidity via major wallets, exchanges, custodians, and protocols such as Binance, Bitget, MetaMask, Ledger, and Blockchain.com.
In a bid to deepen maturity, Ondo recently announced a collaboration with Broadridge.
The aim is to enable holders of over 250 tokenized stocks and ETFs to participate in proxy voting and receive regulatory filings and issuer communications related to these securities.
Separately, more than 260 Ondo‑backed tokenized products are now listed on the KuCoin Web3 Wallet, signaling growing integration into mainstream crypto infrastructure.
Despite this momentum, ONDO’s price has remained subdued, raising questions about the lag between protocol‑level growth and token‑price performance.
ONDO price technical analysis: can bulls reclaim $0.30?
From a technical standpoint, ONDO is currently navigating a short‑term bearish backdrop as the price consolidates near $0.26.
The daily chart shows the relative strength index (RSI) in a neutral zone, suggesting neither extreme overbought nor oversold conditions, while the MACD signal line remains negative, underscoring underlying bearish momentum.
Key support clusters lie around $0.24-$0.26, a decisive zone for both bulls and bears.
If price breaks lower, it could open the path toward $0.20, whereas a sustained hold above $0.26 may invite a retest of the recent range high near $0.27–$0.28.
The key target for bulls will be a fresh run to $0.30, a level last seen in mid-February.
On the weekly timeframe, RSI is drifting toward oversold territory, and price is trading below key exponential moving averages (EMAs).
This hints at exhaustion but also suggests bulls need a clear breakout above resistance to shift the overall bias.
