Ondo Finance's ONDO token extended its rally on Wednesday, climbing nearly 16% as trading volume approached $290 million. The surge followed institutional developments, including DTCC-backed tokenised stocks, that strengthened confidence in the real-world asset (RWA) sector. Bulls are targeting $0.50 if ONDO reclaims the 200-day EMA.
This item was indexed from its published source and tied to the entity records it names. The Counterparty reports what the market says and who it says it about; it does not rewrite the original report. Read the source for the full account.