ONDO Climbs 17.9% as Treasury Pilot Boosts RWA Narrative: Will Rally Last?
By Coin Edition | 2026-05-09 12:44:21 | 4 months ago
ONDO climbed 17.9% after a tokenized Treasury pilot involving Ripple, Mastercard, and JPMorgan.
Whale cohorts added about 77.7M ONDO in a month, showing broader accumulation across holders.
ONDO must hold $0.42 to keep its breakout intact, with $0.47 and $0.55 as the next key levels.
ONDO climbed 17.9% today after traders reacted to a tokenized Treasury settlement pilot involving Ondo Finance, Ripple, Mastercard, and JPMorgan’s Kinexys platform.
CoinGecko data showed the token rising to about $0.435, extending a sharp early-May recovery.
The move followed a successful test involving OUSG, Ondo’s tokenized U.S.
Treasury product.
The pilot completed a cross-border, cross-bank redemption, with the XRP Ledger processing the asset leg in under five seconds.
Treasury Pilot Puts RWA Demand Back in Focus The rally came after two developments placed Ondo deeper in… Read The Full Article ONDO Climbs 17.9% as Treasury Pilot Boosts RWA Narrative: Will Rally Last? On Coin Edition .
Whale cohorts added about 77.7M ONDO in a month, showing broader accumulation across holders.
ONDO must hold $0.42 to keep its breakout intact, with $0.47 and $0.55 as the next key levels.
ONDO climbed 17.9% today after traders reacted to a tokenized Treasury settlement pilot involving Ondo Finance, Ripple, Mastercard, and JPMorgan’s Kinexys platform.
CoinGecko data showed the token rising to about $0.435, extending a sharp early-May recovery.
The move followed a successful test involving OUSG, Ondo’s tokenized U.S.
Treasury product.
The pilot completed a cross-border, cross-bank redemption, with the XRP Ledger processing the asset leg in under five seconds.
Treasury Pilot Puts RWA Demand Back in Focus The rally came after two developments placed Ondo deeper in… Read The Full Article ONDO Climbs 17.9% as Treasury Pilot Boosts RWA Narrative: Will Rally Last? On Coin Edition .
keywords : Market|News|Price Analysis|Ondo (ONDO)
sentiment : POSITIVE
category data : REGULATION | TRADING | ONDO | MACROECONOMICS | CRYPTOCURRENCY