The price of ONDO, the native token of Ondo Finance, has been consolidating within a technical pattern while the project continues to build significant real-world asset (RWA) infrastructure, according to recent market analysis.
Technical analysis from Jonathan Carter shows the ONDO price has been trading inside a falling wedge pattern on the daily chart. This pattern, characterized by progressively smaller downward moves, indicates selling pressure is losing momentum. The token is currently pressing against the wedge's upper resistance near $0.30, with strong support holding in the $0.22–$0.25 zone. Analysts note this setup typically precedes a sharp directional move. A successful breakout could target upside levels at $0.35, $0.46, $0.59, $0.69, and even $0.85. Conversely, a failure to break resistance and a breakdown below the $0.22 support could lead to another leg lower.
Despite recent price struggles, analyst Sarosh argues that ONDO's weakness reflects broader altcoin liquidity cycles rather than project-specific deterioration. He emphasizes that capital often rotates into Bitcoin first during early market cycles before flowing into alternative assets, making ONDO's performance less unusual.
The core bullish thesis centers on Ondo Finance's expanding utility within the RWA and DeFi sectors. The project now enables tokenized U.S. equities to function as collateral within Ethereum-based DeFi systems. This integration, supported by Chainlink for pricing oracles, Euler for lending/borrowing, and Sentora for risk management, creates a functional bridge between real-world liquidity and on-chain finance. Tokenized stocks from major companies can now be used for lending, structured products, and collateralized borrowing.
Sarosh highlights that Ondo Finance maintains a leading position in the tokenized Treasuries and equities segment, a sector that has surpassed major psychological milestones. The project aims to capture fees from settlement, governance, and collateral utilization. The analyst frames the current phase as groundwork formation, where price often lags infrastructure development, with monetization and usage poised to drive long-term differentiation once broader market liquidity expands.
