Ondo Finance’s ONDO token is testing a key support level at $0.2434 after a 2.24% decline to $0.2701. The real-world asset platform’s total value locked has reached $2.6 billion, but the market is awaiting a significant token supply unlock scheduled for January 2026.
The Ondo Finance (ONDO) token is trading at $0.2701 with a market capitalization of $1.32 billion. It declined 2.24% after failing to break through $0.30 resistance and is now retesting the $0.2434 support level.
Analyst Crypto TXG stated on X that the price shows early signs of a strong bounce from this critical level. A failure to hold this support may lead to further declines for the token.
Ondo Finance is a real-world asset tokenization platform with a total value locked of $2.6 billion. Its market capitalization to TVL ratio currently stands at 1.1x.
The platform has institutional collaborations for products offering exposure to US Treasury instruments. These partners include Franklin Templeton and MetaMask.
A significant supply unlock is scheduled for January 2026, releasing 1.94 billion ONDO tokens. This event will increase the circulating supply by 61%.
The token has declined 88% from its all-time high, indicating high market volatility. The relative strength index is currently at 30.
