Ondo Finance took a big step in the financial world. The company announced the liquidity of tokenized treasure bonds, increased the interest of investor by the company announced. With this development, the price of ondo increased by 15 %and reached $ 1.38. Token, which won 7.74 %in the last week, continues to attract the attention of investors.
Increased liquidity in Treasury Bonds with Onddo Nexus
Ondo Finance activated Ondo Nexus to increase the liquidity of tokenized treasury bills. The platform uses the assets of giant financial institutions such as Franklin Templeton, Wisdomtree, Wellington Management and Fundbridge Capital. It also gains strength with the support of Blackrock and Paypal, which provides 7/24 liquidity. CEO NATHAN ALLMAN,
Ondo Nexus, tokenized treasure bonds and a major step that brings the RWA category in general
he said. He also stated that this move strengthens partnerships with traditional financial institutions and increases the retrieval of assets to the token.
Thanks to the new system, investors will be able to convert treasure bonds into stablecoins like USDC. PayPal USD (PYUSD) support will also be added soon. Thus, the accessibility and flexibility of digital assets will significantly increase.
Strong rise trend in ondo price
With the announcement of Nexus, there was a harsh rise in the price of Ondo. Token rose up to $ 1.38 and won a strong momentum with increasing investor interest.
Technical indicators indicate that the rise may continue. The 50 -day moving average increased above the 200 -day moving average and created the “Golden Cross” formation. This technical structure usually supports the long -term rise trend. In addition, the price has entered the “falling Kama” formation. If this structure is broken upward, the price can be seen larger increases.
Ondo technical indicators and target levels
Technical analysis indicators continue to give rise signals. The relative power index (RSI) is 50.68. This value shows that the market has increased slightly from neutral.
The current resistance level is determined as 2.60 dollars, while the levels of $ 1.01 and $ 0.79 stand out as support points. If the bulls keep the market under control, the price is likely to test $ 2.60 in the short term.
Growth continues in RWA tokensation
The tokens of real world assets (RWA) continues to grow without slowing down. As of 2024, the total value locked in tokenized treasury bills exceeded $ 3 billion. Ondo Finance continues to be an important player in this field by offering a reviewing opportunity for 7/24. The platform strengthens the infrastructure of the RWA ecosystem by integrating the assets of many exporters into the token. Thus, investors can make more flexible and faster transactions by reducing dependence on traditional financial markets.
The spread of tokenized treasury bills and the expansion of liquidity solutions are a strong ground for more rise in the price of Ondo. If the current momentum continues, investors can see that the price tested $ 2.60.
