RWA 代幣化產業領導者 Ondo Finance (ONDO) 連續三天下跌

ONDO是現實世界資產（RWA）代幣化行業中流行的加密貨幣，儘管其生態系統仍在繼續，但仍連續三天下跌

Ondo (ONDO) price retreated for three consecutive days even as its ecosystem continued performing well. It dropped to a low of $0.7328, which was close to the 50-day moving average. At the same time, key metrics in its ecosystem surged.

儘管 Ondo (ONDO) 生態系統繼續表現良好，但其價格卻連續三天回落。跌至低點0.7328美元，接近50日移動均線。同時，其生態系統的關鍵指標激增。

Ondo price drops

翁多價格下跌

A report by Artemis showed that several stablecoins performed well in the third quarter of 2024. Among the top performers was Ondo Finance’s USDY stablecoin. It had a total growth rate of 118%, which was significantly higher than PayPal’s PYUSD stablecoin, which rose by 79%.

Artemis 的一份報告顯示，多種穩定幣在 2024 年第三季表現良好。其總成長率為 118%，明顯高於 PayPal 的 PYUSD 穩定幣的 79% 漲幅。

The other top performers were IDRT, UXP, and EURC, which grew by over 61%. Notably, all of the top stablecoins were pegged to the US dollar. This showed that there was still limited demand for stablecoins pegged to other fiat currencies like the British pound or the euro.

其他表現最好的公司是 IDRT、UXP 和 EURC，增幅超過 61%。值得注意的是，所有頂級穩定幣都與美元掛鉤。這表明對與英鎊或歐元等其他法定貨幣掛鉤的穩定幣的需求仍然有限。

Further data by DeFi Llama showed that the Ondo Finance ecosystem was also doing well. The total value locked (TVL) in the ecosystem soared to a record high of $640 million. Out of this, the majority of the growth was in the US Dollar Yield (USDY), which had accumulated over $444 million in assets. Another key project in the ecosystem, US Treasuries (OUSG), gained over $205 million in assets.

DeFi Llama 的進一步數據顯示 Ondo Finance 生態系統也表現良好。生態系統中鎖定的總價值（TVL）飆升至 6.4 億美元的歷史新高。其中，大部分成長來自於美元收益率（USDY），其資產累計超過 4.44 億美元。該生態系統中的另一個關鍵項目美國國債 (OUSG) 獲得了超過 2.05 億美元的資產。

Like other stablecoins, USDY and OUSG are designed to help investors to generate an annual yield. Notably, this yield is much higher than what they would get from traditional stablecoins like Tether (USDT) and USD Coin (USDC). For example, USDY’s annual yield on October 23 was 5.05%, while OUSG had 4.97%.

與其他穩定幣一樣，USDY 和 OUSG 旨在幫助投資者產生年度收益。值得注意的是，這一收益率遠高於他們從 Tether (USDT) 和 USD Coin (USDC) 等傳統穩定幣中獲得的收益率。例如，USDY 10 月 23 日的年化收益率為 5.05%，而 OUSG 為 4.97%。

They generate these rewards by pooling their funds and then investing them in short-term, yield-generating assets. For example, the two stablecoins are known to invest heavily in bank deposits and short-term US Treasuries.

他們透過集中資金然後投資於短期收益資產來獲得這些回報。例如，眾所周知，這兩種穩定幣大量投資於銀行存款和短期美國國債。

Recently, there has been a strong demand for short-term US Treasuries as the Federal Reserve continued hiking interest rates. As a result, the yields on the 10-year, 5-year, and 2-year US Treasuries rose to the highest levels in over three months.

近期，隨著聯準會持續升息，短期美國公債需求強勁。受此影響，10年期、5年期和2年期美國公債殖利率升至三個多月以來的最高水準。

This price action is important because it increases the likelihood that the Fed will not be as aggressive when cutting interest rates. As a result, investors are piling into short-term Treasuries, which are set to benefit from higher yields.

這種價格走勢很重要，因為它增加了聯準會在降息時不會那麼激進的可能性。因此，投資者紛紛買入短期國債，這些國債將從更高的收益率中受益。

Ondo crypto technical analysis

Ondo 加密貨幣技術分析

The four-hour chart shows that the ONDO token has been in a strong downward trend in the past few days. It has dropped below the important support at $0.7691, which was the highest swing on October 7.

四小時圖顯示ONDO代幣在過去幾天一直處於強勁的下跌趨勢。它已跌破重要支撐位 0.7691 美元，這是 10 月 7 日的最高波動。

The token has also moved below the ascending trendline that is shown in blue. At the same time, it has dropped below the 50-period moving average (PEMA) in red. This movement shows that the bears are now in control.

該代幣也已跌破藍色顯示的上升趨勢線。同時，它已跌破紅色的50週期移動平均線（PEMA）。這一走勢表明空頭現在已掌控局面。

The MACD has moved below the zero line, while the Relative Strength Index (RSI) is nearing the oversold level. Therefore, there is a likelihood that the Ondo crypto token will continue falling as sellers target the next psychological point at $0.70.

MACD 已移至零線下方，而相對強弱指數 (RSI) 已接近超賣水準。因此，隨著賣家將下一個心理點定為 0.70 美元，Ondo 加密代幣可能會繼續下跌。