According to market analysts, ONDO Finance (ONDO) is on the verge of an uptrend and has formed a strong support range between $0.58 to $0.65. This support range can serve as a desirable entry point for buyers. After rising to $1.4 in late 2024, ONDO Finance entered a corrective phase. Currently, ONDO’s price has increased by nearly 8% to reach the $0.9 range. Analysts believe that if ONDO surpasses the $0.95 resistance, growth up to $1.2 can be expected. One key factor in ONDO’s growth is its collaboration with BlackRock to tokenize US Treasury bonds, solidifying ONDO as a leading project in Real World Assets (RWA) on the blockchain. BlackRock’s involvement in this project lends it considerable credibility, attracting financial institutions’ attention. Furthermore, ONDO plays a significant role in integrating decentralized and traditional financial activities by providing on-chain access to stable and profitable assets.
