Ondo Finance Drops 4.94% Daily Despite Visa Partnership

Ondo Finance (ONDO) has recently garnered significant attention due to its strategic partnership with Visa, which has integrated the USDG stablecoin into Visa's network. This integration allows for programmatic access to U.S. Treasury yields, enhancing the narrative around real-world asset (RWA) integration. The move has positioned ONDO as a key player in the tokenized securities space, bridging traditional finance with decentralized finance (DeFi).

Despite the recent integration, ONDO's price has faced bearish pressure. Currently trading at $0.7528, the token has experienced a daily drop of -4.94%. Over the past week, it has declined by -13.99%, and in the past month, it has lost -17.68%. Over the past six months, ONDO has fallen by -58.48% and is down -43.85% year-to-date. However, it retains a +151% gain from its all-time low, indicating significant early investor interest despite consolidating well below its all-time high of $2.15.

The partnership with Visa is a major driver of recent market attention on ONDO. This collaboration enables programmatic access to U.S. Treasury yields, strengthening ONDO's reputation as a core player in the tokenized securities space. ONDO is positioned at the intersection of institutional finance and DeFi, with support from major players and participation in key industry events. Analysts have highlighted ONDO as one of the most promising RWA narratives, particularly with its token mechanics linked to institutional-grade yields. Whale activity and wallet creation surged by over 390% in one day back in March, signaling interest from both retail investors and funds.

From a technical perspective, ONDO has broken below its ascending support line, entering a volatile consolidation. Patterns such as the Bullish Shark and emerging Bearish Bat on daily charts indicate possible reversal zones, although the structure remains weak near-term. Momentum indicators such as RSI and MACD lean bearish, but ONDO is approaching critical support near $0.70, where bulls may attempt a bounce. A decisive reclaim of the $0.89–$1.00 zone is needed to turn the structure bullish again.

Looking ahead, traders expect ONDO to mirror its early 2024 parabolic run, with targets as high as $1.50–$1.80. However, others warn of further downside toward $0.50 or lower if macro conditions tighten. The long-term upside for ONDO remains tied to RWA adoption, tokenized yield demand, and regulatory clarity on security tokens. The integration with Visa and the growing interest in tokenized securities suggest that ONDO has the potential to drive its price above $1.00, but this will depend on market conditions and regulatory developments.