ONDO maintains a bullish outlook after breaking above key resistance and reaching its second profit target, with further gains possible. Meanwhile, Ondo Finance continues to strengthen its position in the tokenized real-world asset (RWA) sector, leading major issuers as institutional interest in blockchain-based assets grows.
As of now, according to CoinMarketCap data, ONDO is trading at $0.3591, down 4.86% over the past 24 hours and 7.5% over the past week.
ONDO Eyes $0.80 Resistance for Further Gains
Crypto analyst Emilio Crypto ₿ojan notes that ONDO recorded a strong rally after breaking above the previously identified resistance level of $0.44895. The breakout attracted further buying pressure, pushing the token to a new yearly high of $0.60730.
The rally also triggered the analyst’s second profit target, TP2, as anticipated. Reaching the target highlights the strength of the previous breakout and supports the bullish outlook outlined in the analyst’s earlier assessment.
ONDO now faces its next major resistance at $0.80511, which could determine the direction of its next major move. A confirmed breakout above this level could attract additional buyers and provide the momentum needed for another upward move.
Looking further ahead, the analyst’s outlook points to a potential $1 target in 2026. ONDO would need to maintain its upward momentum and break above $0.80511 to strengthen the possibility of reaching that level.
Ondo Leads Tokenized RWA Market With $4 Billion Valuation
According to data shared by Token Terminal, Ondo Finance has emerged as the leading issuer in the tokenized real-world asset market, with its tokenized assets reaching a market capitalization of $4 billion. The figure places Ondo ahead of several established competitors in the sector.
Sky ranks second with $3.9 billion in tokenized RWA market capitalization, followed by Securitize with approximately $3.4 billion. The figures highlight the growing role of major platforms in bringing traditional financial assets onto blockchain networks through tokenization.
Together, Ondo, Sky, and Securitize account for 22.5% of the tokenized RWA market, which has reached $50.3 billion. Their combined share shows how a small group of leading issuers represents a substantial portion of the sector’s total value.
The expansion of the RWA market reflects growing interest in bringing traditional financial instruments onto blockchain networks. Tokenization allows assets such as securities and other financial products to be issued and managed onchain, creating new opportunities for blockchain-based financial services and potentially broadening access to traditional markets.
