Ondo Finance Eyes Recovery as Ecosystem Grows
06.03.2025 13:46
Ondo Finance (ONDO) has seen a significant drop of over 45% from its peak in November 2024, yet recent indicators show promise for recovery. As the project's ecosystem surpasses $1 billion in total value locked (TVL), positive developments such as the support from World Liberty Financial could bolster confidence. Both Ondo Short-Term US Treasuries Fund (OUSG) and Ondo US Dollar Yield Token (USDY) are generating yields, hinting at financial solidity. Market trends indicate a potential bullish reversal, although past price declines create caution.
The news suggests a potential rebound due to ecosystem growth and external investments, which could lead to a price increase.
As Ondo's ecosystem contributes to increased TVL, USDY's stable yield could attract more investors, positively influencing its price.
Similar to USDY, OUSG benefits from the overarching growth of Ondo's ecosystem, potentially leading to price appreciation.
Sources
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