Ondo Finance TVL Hits Record $1.397 Billion Amid Investor Surge

Ondo Finance’s Total Value Locked (TVL) has recently reached a record high of $1.397 billion, indicating a surge in investor confidence and activity within the protocol. This milestone reflects the growing interest in Ondo’s Real World Assets (RWA) strategy, which has been a significant driver of the protocol’s success. With a market cap of $2.49 billion and annualized revenue at $27.64 million, Ondo is demonstrating strong financial performance and expanding protocol usage.

Analysts view the spike in TVL as more than just short-term excitement. The rise in annualized fees, now over $52 million, suggests that the protocol is being increasingly utilized. As the RWA narrative gains traction, projects like Ondo are well-positioned to benefit from the shift toward on-chain financial instruments. This trend is likely to continue as more investors recognize the potential of tokenization projects in the crypto market.

Technical indicators for ONDO also suggest limited downside risk. Market analyst Osemka noted that ONDO has likely completed its corrective structure, rebounding from the 0.786 Fibonacci retracement level, a zone often linked to strong support. With Fair Value Gaps now closed, the setup suggests a base may be forming. Additionally, there has been an increase in daily volume and a bullish divergence on the Relative Strength Index (RSI), which are typically seen as early signs of a shift in momentum.

According to chart analysis, a break above the current corrective channel would signal the start of a broader uptrend. ONDO’s price currently sits near $0.77, after a modest 3.3% 24-hour gain. Despite a 7-day decline of over 8%, the price action shows resilience. Market watchers suggest that a breakout above $1.2 could lead to accelerated growth. This price level is viewed as a key resistance and potential trigger point for bullish continuation. Should the momentum continue, ONDO may help lead a broader rebound across crypto markets.

Amid chatter of fear, uncertainty, and doubt (FUD), analysts are pointing to strong bottoming signals for the token. With a potential breakout nearing, ONDO’s next move could define its near-term trajectory. The combination of a record-high TVL, bullish technical indicators, and growing investor interest positions ONDO for potential significant gains in the coming months.