Ondo Finance’s Native Token (ONDO) Is Making Waves Again as Its Trading Volume Spiked This Week

This week, ONDO's trading volume spiked, reaching over $440.31 million on Friday. Investors remain bullish despite the token still sitting over 50% below its all-time high.

Ondo Finance’s native cryptocurrency, ONDO, is making headlines again as its trading volume spiked to reach over $440.31 million on Friday. Despite the token still sitting over 50% below its all-time high (ATH) of $2.14, which was set last December, investors remain optimistic.

Ondo Finance’s native cryptocurrency, ONDO, is making headlines again as its trading volume spiked to reach over $440.31 million on Friday. Despite the token still sitting over 50% below its all-time high (ATH) of $2.14, which was set last December, investors remain optimistic.

With the price currently at $1.05 and the community's belief in a potential price increase, the question now is whether ONDO can reclaim its peak and surge by as much as 110%.

Ondo Finance: A Beacon of Optimism in a Bearish Market

As the broader cryptocurrency market continues to grapple with bearish trends, Ondo Finance’s ecosystem has been expanding rapidly. Data from DeFi Llama shows that the total value locked (TVL) in Ondo has crossed the $1 billion mark for the first time. At the beginning of the year, the TVL stood at $541 million. This rapid growth highlights the increasing appeal of Ondo’s tokenized assets.

Tokenized assets form the backbone of Ondo Finance’s ecosystem, with two key offerings driving its growth. The Ondo Short-Term US Treasuries Fund (OUSG) manages $419 million in assets, providing investors with exposure to traditional finance through blockchain.

Tokenized assets form the backbone of Ondo Finance’s ecosystem, with two key offerings driving its growth. The Ondo Short-Term US Treasuries Fund (OUSG) manages $419 million in assets, providing investors with exposure to traditional finance through blockchain.

On the other hand, the Ondo US Dollar Yield Token (USDY) leads the ecosystem with over $589 million in locked value, reinforcing Ondo’s position in the decentralized finance sector. These assets provide investors with exposure to traditional financial instruments through blockchain technology, a factor attributing to Ondo’s growing traction.

Ondo Finance’s Political and Institutional Backing

Another factor fueling interest in ONDO is its link to high-profile financial players. Donald Trump’s World Liberty Financial (WLFI) recently invested in ONDO, acquiring 342,000 tokens worth over $400,000. This connection has sparked speculation about potential future involvement in U.S. crypto policy.

Notably, Ondo Finance was a major donor to Trump’s inauguration committee, raising questions about whether its platform could be considered for future strategic crypto initiatives. If such speculation proves true, ONDO could see significant institutional demand.

As for price predictions, analysts at CoinCodex are forecasting that ONDO is on the verge of a significant breakout. Their predictions indicate that the token could reach a peak of $3.49 in March, which represents a 247% surge from its current price. The projected average trading price for the month stands at $2.08, which suggests strong market activity.

As for price predictions, analysts at CoinCodex are forecasting that ONDO is on the verge of a significant breakout. Their predictions indicate that the token could reach a peak of $3.49 in March, which represents a 247% surge from its current price. The projected average trading price for the month stands at $2.08, which suggests strong market activity.

If ONDO manages to maintain its momentum, it could surpass its previous all-time high and play a key role in driving the next altcoin season rally. While nothing is certain, the combination of rising TVL, strong community backing, and institutional interest points toward a potential bullish run.