• Ondo Finance is trading at $0.7082, having reduced by 2.30%, with a market cap of $2.25 billion and $144.27 million in
• Token breaks into a rare buying zone underneath $0.8740, indicating a possible breakout toward this resistance.
• RWA TVL exceeds $1.8 billion, recording 2.77x annual growth.

Ondo Finance (ONDO) stands at a crucial market pivot as the price falls to $0.7110, registering a 2.30% daily fall. Despite the very short-term fall, the project’s fundamentals remain strong, with its Real World Asset (RWA) value locked surpassing $1.8 billion as Ondo solidifies its place in the world’s top three RWA ecosystems.

Ondo Finance is trading at $0.7082, having registered a fall of 2.30% in the last 24 hours. The market capitalization of the token is $2.25 billion, while the 24-hour trade volume has reached $144.27 million, providing it with a 0.06% penetration of the overall crypto market.

Ondo Eyes Rebound Toward $0.8740

Ondo Finance fell below the $0.8740 level, entering a crucial buy zone rarely revisited except during major market bottoms, as Crypto TXG posted. The technical analysts believe a strong response out of the area can initiate a move back to $0.8740, indicating renewed bullish action.

However, analysts cautioned that token staying for too long in this accumulation area, as bigger drops can stimulate long-term consolidation periods and undermine the overall structure of the bull. A rapid bounce above $0.8740 would confirm momentum and potentially restore confidence among traders awaiting ONDO’s next upward leg.

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RWA TVL Surges Past $1.8 Billion

In the meantime, the token ecosystem keeps reinforcing its basics. As analysts pointed out by Clipper911x, Ondo’s Total Value Locked (TVL) of the Real World Asset (RWA) has crossed $1.8 billion, representing an impressive 2.77x increase over the previous year. This puts token as the third-largest RWA issuer, next only to BitGo and BlackRock, and the third-largest RWA ecosystem by TVL, next to only Ethereum and zkSync.

Since it has an increasing RWA base and dynamic technical configuration, token is drawing market interest as it moves into a critical support range. Rebound at the current level can reassert investor trust and portray the foundation for a move back above $0.8740 in the short term.

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