ONDO (ONDO) fluctuates 35.3% in 24 hours, reaching a high of $0.4655: Ripple/JPMorgan pilot and DTCC collaboration drive surge
Bitget Pulse2026/05/08 20:47Volatility Overview
In the past 24 hours, ONDO price rebounded from a low of $0.3440 to a high of $0.4655, currently sitting at $0.4421, with a fluctuation of 35.3% and an overall increase of approximately 28%. The 24-hour trading volume surged to around $460 million, up 62.7% from the previous day, with a clear net capital inflow and a significant increase in market activity.
Brief Analysis of Unusual Movements
- Ondo Finance completed a pilot for 24/7 tokenized treasury settlement: Collaborated with Ripple, JPMorgan, and Mastercard to achieve the first US Treasury fund transfer on the XRP Ledger, strengthening the RWA (Real World Asset) narrative and directly stimulating a price rebound.
- Announced DTCC institutional settlement partnership: Ondo is working with DTCC (Depository Trust & Clearing Corporation) to advance institutional-grade settlements, further enhancing the credibility of tokenized assets.
- Ondo Global Markets Chinese Equity Tokenized Basket Surged: Number of holders and value on BNB Chain soared by 2850%, reflecting strong demand for RWA products.
Market Opinion and Outlook
Market sentiment is highly optimistic, with 90% bullish sentiment in the CoinGecko community. Discussions on X platform are focused on “bottom formation” and the “break through $0.45” target. Mainstream analysts emphasize the growth potential of RWA, but warn of short-term overbought risks and bitcoin-linked volatility.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, and is for informational reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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