Ondo Price Jumps as JPMorgan Treasury Pilot Boosts Demand

Key Insights

• Ondo gained over 50% in one week after JPMorgan, Mastercard, and Ripple completed a tokenized Treasury settlement pilot successfully.

• Total value locked reached $3.53 billion, while Ondo reported $13.26 million quarterly revenue, strengthening confidence across tokenized asset markets.

• Technical indicators turned bullish after ONDO broke above $0.30, with traders now monitoring the important January resistance near $0.47.

Ondo price surged above the important $0.30 resistance level after a major institutional tokenization pilot increased market confidence. ONDO climbed more than 50% during the past week and briefly touched nearly $0.40 before easing slightly. Besides, the rally placed the token among the strongest performers in the real-world asset sector during the recent market recovery.

Investor interest accelerated after Ondo participated in a cross-border settlement pilot involving JPMorgan’s Kinexys platform, Mastercard, and Ripple. The pilot tested tokenized U.S. Treasury settlements using blockchain infrastructure and completed the asset transfer in less than five seconds on the XRP Ledger. Consequently, traders viewed the development as another sign that large financial firms continue exploring blockchain-based settlement systems.

DTCC Selection Adds Momentum

ONDO also gained support after joining the Depository Trust and Clearing Corporation Industry Working Group focused on tokenization infrastructure. The DTCC handles massive transaction volumes across global financial markets each year, making the initiative closely watched across the digital asset sector. Moreover, the inclusion strengthened expectations that Ondo could secure a larger role in institutional blockchain adoption.

Source: TradingView

Strong network growth further supported the latest breakout. Ondo recently reported $13.26 million in revenue during the first quarter, while total value locked climbed to around $3.53 billion. Additionally, investors reacted positively to plans for Ondo’s expansion into the Solana ecosystem, where the project intends to introduce more than 200 tokenized stocks and exchange-traded funds.

Technical Breakout Changes Trend

The daily chart shows ONDO breaking above a major resistance zone that has blocked recovery attempts since February. The breakout followed months of sideways trading between approximately $0.24 and $0.30, indicating buyers gradually absorbed selling pressure. Hence, analysts now see the move as an important shift in the broader trend structure.

Several technical indicators now point toward strengthening bullish momentum. The Supertrend indicator flipped bullish after remaining negative for months, while the Aroon Up indicator climbed to 100%. However, the Relative Strength Index moved above 81, signaling overheated conditions that could trigger short-term volatility before another upward move toward the $0.47 resistance area.