Ondo Finance has seen a significant rise in Total Value Locked (TVL) over the past year, marking a 3x increase in its TVL. This growth has primarily been fueled by activity on the Ethereum and Solana blockchains, with the TVL reaching over $1.20B by the end of May 2025. The majority of this growth can be attributed to the significant amounts of OUSD, USDY, and other stablecoins being held on these blockchains.
The surge in TVL can be linked to the growing interest in Real World Assets (RWAs) among investors, leading to more capital flowing into Ondo’s protocols. This has solidified Ondo’s position as a leader in the RWAs sector, with the platform continuing to dominate TVL in this space.
Despite the positive growth in TVL, Ondo’s token price has been fluctuating, currently trading at around $0.8093. The market sentiment remains uncertain, with indicators showing indecision among traders. However, if Ondo manages to hold above the $0.80 level, there is a possibility of a reversal and a potential push towards the $1.3736 resistance level.
On the flip side, a drop below $0.80 could signal a bearish trend and lead to further selling pressure on the token. It is crucial for Ondo to maintain the $0.80 support level to avoid further downside risk. Keeping a close eye on key levels such as $0.80, $1.37, and $1.95 can provide valuable insights into the future price action of ONDO.
In conclusion, Ondo Finance’s impressive growth in TVL on Ethereum and Solana blockchains highlights the platform’s strong position in the RWAs sector. While the token price may be experiencing volatility, maintaining key support levels is essential for sustaining positive momentum in the market. Investors and traders should closely monitor ONDO’s performance in the coming days to gauge its potential for further growth and price appreciation.