ONDO Token Price Increased by 5.5% in the Last 24 Hours

The governance token of Ondo Finance [ONDO] has risen by 5.50% in the last 24 hours, becoming one of the market leaders in growth. News about the expansion of Ondo's smart portfolios to Solana also adds interest to the project. These portfolios provide diversification opportunities without managing individual assets. Earlier this week, Ondo expanded its tokenized stock offerings to the Robinhood Chain and is now the second-largest issuer of tokenized stocks.

In the slow trend of 2025 and early 2026, the last local high reached the $0.47 mark. In September, a bullish movement emerged on the weekly chart after closing the week above $0.47. At the time of writing, the price was at the support level of $0.40, which was previously a resistance zone in August and early September. Another demand zone on a longer time frame is $0.293-$0.343, from where a bullish reaction may begin. However, the structure on the daily chart has turned bearish, and the steady price correction from the last week of September continues. Demand is not strong enough to push the ONDO price to reflect levels of $0.40 and $0.52 reached in the recent bearish trend. In the event of a possible rebound, this may present selling opportunities for swing traders.

The increase in spot market demand over the last 24 hours occurred alongside a slight rise in open interest, hinting at a cautious speculative sentiment. Overall, sellers currently have control of the market. A positive reaction from the $0.36 level looks promising, but sustained demand is necessary for further price growth. If the altcoin can rise above $0.50 and hold at this level, it will indicate weakness among bears and may provide a moderately bullish signal for buyers.