ONDO Fights to Defend Trendline Amid Broader Crypto Decline

Ondo's (ONDO) price fell 12.09% over the past 24 hours, dropping to $0.5084 as the broader crypto market declined.

The decline occurred despite reaching a milestone of one million wallets interacting with Ondo's tokenized stocks, ETFs, and Treasury products.

This expansion in market participation across its real-world asset ecosystem was unable to counteract the wider crypto sell-off, which saw $531 million in positions face liquidations over the same period.

The trading volume for ONDO increased by 76.48% during this time, suggesting that traders remained active despite the price decline.