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- ONDO surged to a five-month high, gaining 70% in a week.
- Institutional tokenization pilots and DTCC involvement fueled momentum.
- Whale wallets accumulated over 77 million ONDO in one month.
Ondo (ONDO) has surged to its strongest level in nearly five months, extending a sharp rally that began earlier this month. The token briefly touched $0.48—its highest price since December 2025—before easing back to around $0.44. Even with the pullback, ONDO remains up roughly 24% in the past 24 hours and has gained about 70% over the past week, fully recovering its early-2026 losses. The move reflects renewed investor appetite tied to real-world asset tokenization developments and rising on-chain accumulation.
Tokenization Catalysts Drive Investor Confidence
A key driver behind the rally has been a series of institutional developments strengthening Ondo’s position in the tokenization space. On May 4, the Depository Trust & Clearing Corporation (DTCC) included Ondo Finance in its tokenization working group, which brings together more than 50 major financial institutions. The move signaled growing recognition of blockchain-based financial infrastructure in traditional markets.
Momentum accelerated further on May 6 when Ondo participated in a cross-border pilot involving Kinexys by JPMorgan, Mastercard, and Ripple. The experiment successfully tested near real-time settlement of tokenized U.S. Treasuries across banking systems outside standard operating hours. The milestone highlighted practical use cases for tokenized assets in global finance, strengthening Ondo’s narrative as a key infrastructure player.
Whale Accumulation Signals Long-Term Confidence
On-chain data adds another layer of support to the rally. Santiment figures show that large holders have steadily increased exposure over the past month. Wallets holding 1 million to 10 million ONDO expanded their combined holdings from about 555 million to 594 million tokens.
Other whale cohorts followed a similar pattern, pushing total accumulation across major holder groups to roughly 77.7 million ONDO. This broad-based buying suggests more than speculative trading, pointing instead to longer-term positioning.
Large holders typically move ahead of major trend shifts, and continued accumulation during price strength is often viewed as a sign of confidence in medium-term fundamentals.
Also Read: MEXC Lists Eighteenth Batch of Ondo Tokenized Stock Trading Pairs on Spot Market
Outlook: More Tailwinds Ahead
With DTCC’s tokenization service expected to launch in October and initial production trades targeted for July, market attention is now shifting toward upcoming catalysts. If adoption accelerates, ONDO could remain in focus as institutional tokenization continues to gain traction.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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