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Ondo tokenized stock TVL sets record at $1.26 billion, ONDO tests key support levels

2026-10-04 06:44:20
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TLDR: Summary of core points

Ondo tokenized shares hit a new high in total locked value (TVL). ONDO price trend and technical analysis show the importance of key support levels.

Ondo tokenized shares hit a record high in TVL

According to data released by Ondo, the total locked position value (TVL) of its platform has exceeded a record high of US$1.26 billion. The platform currently supports more than 450 tokenized stocks and exchange-traded funds (ETFs), with cumulative trading volume exceeding US$28 billion. It should be noted that these TVL data reflect product adoption and do not directly measure the value of the ONDO token itself.

ONDO Price Dynamics and Technical Patterns

The current trading price of ONDO tokens is approximately US$0.49, and the 24-hour trading volume is approximately US$129 million. In the past day, prices have increased 0.43%. From a technical perspective, if prices fall below the key support level of $0.46, it could weaken the effectiveness of the bullish downward wedge pattern.

Detailed market analysis

Distinguishing product adoption data and token value

User Giannis Andreou shared this milestone data on social media platforms, citing Ondo's report on its stock offering products. He pointed out that the total locked value of the Ondo platform has reached US$1.26 billion, covering more than 450 tokenized stocks and ETFs. In addition, the cumulative transaction volume has also exceeded the US$28 billion mark.

Total locked value (TVL) measures the total amount of assets deposited in a specific platform or agreement. In this case, the indicator reflects the size of capital held in Ondo tokenized stocks and ETFs. Cumulative trading volume provides another dimension of activity view, showing market activity.

The

post specifically clarified how to interpret these data: These numbers mainly track product adoption rather than directly measure the value of ONDO tokens. Therefore, the TVL record of Ondo tokenized stocks and the token price should be regarded as two independent data points. The post concluded with a question about demand: Can tokenized stocks continue to attract capital at the same rate? The question focused on whether capital inflows could continue, but did not provide specific forecasts.

Technical Analysis and Key Points

At the same time, the account Crypto With Gopal shared its technical analysis views on ONDO tokens. The analysis pointed out that ONDO is forming a clear "downward wedge" pattern on the one-hour chart. The price was around $0.480 at the time, and after a long period of consolidation, the price was trading near the wedge of lower rail support.

This pattern shows lower highs and compressed price volatility, with the US$0.46 to US$0.48 range considered an important support area. If prices can break through the wedge of resistance, they are expected to move towards the target range of US$0.62 to US$0.64, which is the target area forecast on the chart.

In terms of downside risks, the post sets clear failure levels. If prices fall decisively below $0.46, it will weaken the current bullish setting. Therefore,$0.46 is a key level for this pattern and prices need to remain above this level to ensure that the bullish setting is established.

Latest market data

As of this writing, market data shows that ONDO prices are US$0.4929, with 24-hour trading volume reaching US$129 million. During this period, prices increased by 0.43%. It is worth noting that the current price is slightly above the $0.480 level quoted in technical analysis posts. The above data are all derived from real-time market data at the time of publication of the article.

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