RWA tokenization surged 7,000%, ONDO holds dominance as whales rush to 'hunt for sales'

Ondo Finance (ONDO) is making strong breakthroughs with an increase of nearly 10% in a day, affirming its leading position among the cryptocurrencies in the real-world asset segment (RWA). This upward trend also reflects the positive sentiment across the market, as the total cryptocurrency market capitalization recorded an increase of over 4%, surpassing the threshold of 4 trillion USD.

Strong growth of RWA tokenization at 7,000%

The tokenization of RWA is experiencing a boom phase, starting from the second term of Donald Trump, especially after the White House report on Bitcoin mentioned Ondo Finance, positioning this altcoin as one of the leading players in the tokenization field.

According to Dami Defi, U.S. Treasury bonds tokenized on the blockchain have recorded an impressive growth of about 7,000% in just two years. Among these projects, BlackRock still holds the leading position, but ONDO also stands out with a 120% increase since the beginning of 2025.

Ethereum, Chainlink, and Solana platforms continue to play a crucial role in asset tokenization, but ONDO is rapidly establishing its position as total assets under management (AUM) exceed 1.3 billion USD, accounting for approximately 33% of the total value of tokenized RWA, according to data from Messari.

On the Solana blockchain, the amount of stablecoins issued has also increased to 250 million USD, accounting for approximately 64% of the total, demonstrating the strength and effective deployment of RWA by ONDO. According to Standard Chartered, the RWA market is expected to reach 30 trillion USD by 2034, opening up huge growth opportunities for this altcoin.

Whales accumulate when the price is discounted

Onchain data from Arkham shows that a whale is accumulating ONDO at a price below 1 USD. This individual's wallet currently holds approximately 1.35 million ONDO, equivalent to 1.26 million USD.

This activity coincides with the management's expansion of token minting to CoWSwap, according to data from EtherScan. Moreover, ONDO has tested the deployment of American Express on the CoWSwap platform, demonstrating efforts to enhance integration and broaden reach.

Source: EtherScanThis strategy aligns with ONDO's goals: to simplify the tokenization process of assets and ensure broad integration capabilities, thereby attracting more protocols and users through direct correlation with on-chain data.

Price Trend: Hold Steady or Collapse?

Despite achieving many important milestones in RWA tokenization and on-chain growth, the price of ONDO is still in a stagnant state. Recent technical patterns indicate two bearish reversals:

• For the first time, the price dropped from 1.15 USD to 0.85 USD.
• For the second time, the price fluctuated from 1.1 USD down to 0.9 USD, establishing a temporary floor.

The ability to maintain above 0.9 USD largely depends on the developments of the broader market, particularly the fluctuations of Bitcoin. However, the Chaikin Money Flow index (CMF) is currently at 0.17 and is increasing, indicating that capital is flowing in, supporting the accumulation trend from whales.

Price chart of ONDO | Source: TradingViewHowever, the head and shoulders pattern on the technical chart warns that the price of ONDO may continue to decline. The support level of 0.85 USD can still be maintained in preparation for a rebound. If this level is not sustained, the possibility of a reversal will be invalidated, opening up the risk of a deeper price decline.

ONDO is still leading the RWA tokenization market, with strong growth and interest from major investors. However, short-term price movements still carry risks. Investors need to carefully consider, combining on-chain analysis and broader market trends to make informed decisions.

Taylor