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ONDO surged 13%, to a 10-month high of $0.6 as institutional era of tokenization gains momentum.
While most of the established coins crashed in the last 24 hours, ONDO did the opposite. The altcoin extended its bullish streak, rising 13% to flip the $0.6 resistance for the first time since November 2025.
What’s behind ONDO’s bullish stretch? In fact, the total value of RWA sits around $38.5 billion. Out of this, ONDO takes $3.9 billion, or 12%, only second to Securitize, which holds $4.7 billion. ONDO’s Oasis Pro markets became the first tokenized platform to join DTCC’s Fund/SERV network.
According to Andreou, this is significant since Fund/SERC sits behind more than 85% of U.S. mutual fund transaction activity. The platform connects crypto with the already existing TradFi infrastructure. On the 28th of September, Spot Netflow jumped to $2.1 million, marking an increase from $1.8 million the previous day. Such a strong jump on Netflow suggested that investors increased their exchange deposits relative to withdrawals.
Usually, such a market approach during an uptrend points to profit realization. Often, the behavior has preceded price drops as pressure intensifies, which explains the pullback from $0.6. Structurally, ONDO is strongly bullish despite the rising profit realization, as noted by the RSI Divergence, which held positive at 3.9 despite declining. At the same time, the Relative Vigor Index sat above its signal line, which validated this structural strength.
However, both RVGI and RSI Divergence are declining, reflecting profit-taking currently happening in the market. Under these circumstances, if profit-taking continues, it is likely to revisit $0.51.
However a cool down in this aspect, backed by growing ecosystem, the altcoin ability to reclaim $0.6 and target $0.68 in the short term remains intact. BitcoinAMBCrypto was founded in 2018 with a mission to simplify and bring the latest blockchain and cryptocurrency news to our readers. We have quickly grown into the digital news source for an emerging generation of cryptocurrency enthusiasts, reaching more than a million readers on a monthly basis, across the globe.
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