ONDO Jumps 17% After Tokenization Announcements With BlackRock
- —ONDO trades at $0.52, up 17.53% in 24 hours, with $858M volume — 504% above average
- —RSI at 76.9 and stochastic at 96.7 signal extreme overbought conditions
- —Three announcements with BlackRock and Securitize in 72 hours expanded its RWA tokenization reach
- —The token remains 75.71% below its December 2024 all-time high of $2.14
Why it matters: Ondo is cementing its lead in RWA tokenization with institutional backing, but overbought readings raise correction risk.
Source: DiarioBitcoin