New ONDO Addresses Surge 390% Amid Ongoing Market Downturn
Ondo Finance (ONDO) Update
- ONDO has dropped over 40% since March amid a broader crypto market decline.
- New ONDO addresses rose by 390% in the last 24 hours, indicating growing interest despite weak price action.
- Ondo Finance is a leader in the real-world assets (RWA) sector and recently launched Ondo Chain, a Layer-1 blockchain for institutional finance.
- Current trading price is $0.83, with critical support at $0.75 needed to avoid further declines.
- For recovery, ONDO must surpass the $0.80 level and approach $0.95 resistance.
Investors are monitoring network activity and price movements as indicators for potential recovery.