ONDO rises 13.5% on SEC temporary exemption for tokenized stocks
- —ONDO rose 13.48% in 24 hours to $0.3747 on $384 million in volume
- —Resistance is $0.425, support is $0.320, target on a breakout is $0.55
- —The SEC exemption is temporary and requires compliance with conditions for TSV
- —ONDO's market capitalization is about $1.81 billion
Why it matters: A regulatory path for tokenized stocks in the US strengthens Ondo Finance and the broader RWA tokenization sector.
Source: TronWeekly