ONDO Price Eyes Recovery as Tokenization of U.S. Stocks Gains Momentum

TLDR:

• ONDO teams up with JPMorgan and Chainlink to tokenize U.S. stocks and ETFs onchain.
• Analysts see ONDO’s dip below $1 as a key buying zone amid long-term RWA momentum.
• Daily volume hits $148.7M despite price drop, showing steady investor engagement.
• ONDO’s broadening wedge pattern hints at a potential move toward the $3 resistance.

The ONDO token is attracting interest once again as real-world asset (RWA) tokenization increases. 

Market watchers are turning to Ondo Finance as it pushes forward with efforts to tokenize U.S. stocks and ETFs. The project’s recent collaborations with major institutions, including JPMorgan and Chainlink, have strengthened its position in the DeFi space. 

With ONDO trading below $1, traders are monitoring whether the current dip presents a value entry. Amid market volatility, analysts suggest ONDO could benefit from the growing demand for 24/7 global access to traditional financial markets.

ONDO Price Dips Amid Bullish Sentiment

According to CoinGecko, ONDO’s price sits at $0.9081, marking a 2.44% decline in the last 24 hours. 

Over the past week, the token has dropped by over 10%, reflecting slower momentum. However, daily trading volume remains high at $148.7 million, signaling active investor interest despite the downturn.

ONDO Price on CoinGecko

CryptoED, a market analyst on X, pointed out that ONDO below $1 is a “gift” given its long-term potential. He noted that the token previously reached an all-time high of $2.14 five months ago, suggesting room for recovery. ONDO’s market cap currently stands at $1.4 billion, up from the $1 billion milestone reached in March 2024.

In a May 2025 press release, Ondo Finance revealed it is working with JPMorgan and Chainlink to bring real-world securities to blockchain. The initiative uses JPMorgan’s Kinexys Digital Payments network for compliant and scalable settlements. Each tokenized asset will be backed 1:1 by the underlying stock or ETF.

CryptosRus, another prominent X account, emphasized that tokenized U.S. securities would allow 24/7 trading and reduce global access barriers. The move positions ONDO at the center of a growing RWA narrative that aims to merge traditional finance with DeFi infrastructure.

🔥 BULLISH: 🇺🇸 $ONDO Finance to Tokenize U.S. Stocks and ETFs from NASDAQ and NYSE, Allowing Customers to Trade 24/7

✔️ Each token will have 1:1 backing with underlying asset

✔️ The initiative reduces fees and allows global access to US Securities pic.twitter.com/3q6kaEuHET

— CryptosRus (@CryptosR_Us) May 29, 2025

Market Analysts Forecast Recovery Toward Key Levels

Bitcoinsensus noted that ONDO is testing the lower boundary of an ascending broadening wedge pattern. 

According to the chart, the next upward move could push the crypto toward the $3 psychological resistance. If momentum returns, analysts believe the token could retest its previous highs as institutional activity picks up.

Consequently, traders are watching the ONDO price levels closely as developments unfold. The token’s integration of Wall Street assets and blockchain technology continues to define its market relevance.

$ONDO WEEKLY OPPORTUNITY💥📈

Ondo is now coming back down to the lower band line⚪ of this ascending broadening wedge.

The next wave up could take the price of $ONDO up to the psychological 3$ zone, targeting the upper band line⚪ of the channel.

Ondo Finance has been one of… pic.twitter.com/r7TUATDAcx

— Bitcoinsensus (@Bitcoinsensus) May 29, 2025

The narrative around tokenized securities has rapidly gained traction, with ONDO becoming one of the leading names in the sector. CryptoED stated that Wall Street players, including JPMorgan, favor ONDO as a platform for bridging legacy markets with decentralized systems.

With margin trading, full DeFi integration, and global accessibility in view, the asset’s use case continues to expand. As institutions and retail investors align on RWAs, the token price could benefit from this growing market trend.