QQQON (Ondo Tokenized Invesco QQQ ETF) surged 101.1% in 24 hours: Bitget listing drives trading volume spike

Volatility Overview

In the past 24 hours, QQQON's price surged from a low of $300 to a high of $603.18, currently quoted at $597.7, showing a price swing of 101.1%. The 24-hour trading volume reached approximately $4.23 million, an increase compared to the previous day, indicating significantly higher market activity.

Brief Analysis of the Causes of the Move

- On March 18, 2026, Bitget exchange expanded its spot market by listing Ondo Finance's tokenized ETF products, including QQQON, directly stimulating trading activity and pushing the price up by 101.1% from a low of $300 to $602.74.

- As a tokenized asset on the Ondo platform tracking the Invesco QQQ ETF (Nasdaq 100 Index), this listing has expanded its accessibility in the crypto market, attracting capital inflows.

Market Sentiment and Outlook

Overall market sentiment is positive, with the community considering the Bitget listing as favorable for the RWA (real-world asset) tokenization trend, resulting in high short-term trading activity. Analysts have noted that QQQON closely tracks the performance of the underlying Nasdaq 100, expressing a bullish long-term view while cautioning about the risks of US stock market volatility.