Why Buying Ondo Tokens Under $1 Could Be a 'Gift': ONDO Price Analysis

Ondo Finance (ONDO) has been leading the charge in real-world asset (RWA) tokenization, and according to top voices in the space, it might only be getting started.

Ondo Finance (ONDO) has been making waves in the realm of real-world asset (RWA) tokenization, and according to top voices in the space, it might only be getting started.

Analyst CryptoED (@Crypto_ED7), known for consistently tracking early trends, called buying ONDO below $1 a “gift” after pointing to several powerful partnerships and ecosystem milestones achieved in just one week. These include collaborations with JPMorgan, PayPal, Solana, Chainlink, BlackRock, and even Ripple.

CryptoED Highlights Major ONDO Milestones

JPMorgan recently completed a tokenized U.S. treasury trade using the Ondo blockchain. This is a huge moment as it showcases one of the largest banks integrating a public chain for real asset tokenization. The trade was facilitated by Chainlink’s Cross-Chain Interoperability Protocol and Kinexys from JPMorgan.

The initiative was coordinated by BlockAgio and saw participation from Chainlink, Bain Capital, and several other institutions. It also signifies the speed at which institutions are adopting new technologies.

Another game-changing move was the Ondo x PayPal integration. Now, on-ramp liquidity for is provided by PayPal USD (PYUSD) and provides 24/7 liquidity to institutions and DeFi users for seamless participation in the Ondo ecosystem.

After the announcement of this partnership, which is part of a broader collaboration to create new avenues for fiat and crypto integration, the ONDO price soared by over 35%. This integration is a game-changer for both parties.

Solana is also part of the rapidly expanding ONDO ecosystem. A new bridge built using LayerZero now enables efficient transfer of ONDO’s USDY token across chains without reliance on third-party pools. This eliminates common issues like slippage and high fees.

It also provides a faster and safer method for moving USDY, the core stablecoin used to power the USDY ecosystem on Solana. This ecosystem has over $170 million in TVL and is integrated with more than 15 protocols on Solana alone.

In addition, Ondo is aiding BlackRock’s BUIDL fund in tokenizing U.S. treasuries and is closely working with Ripple to bring $185 million in tokenized assets onto the XRP Ledger. This will utilize Ripple’s RLUSD stablecoin and further expands the institutional reach of the ONDO network.

Furthermore, Ondo’s presence at the Saudi-US Investment Forum and participation in the SEC Crypto Task Force discussions showcases the platform’s role in broader industry discussions.

This time, they were in the same room as executives from BlackRock, Nasdaq, and Fidelity to discuss how tokenization can revolutionize traditional finance, enabling faster transactions, lower costs, and increased accessibility to financial markets.

CryptoED also noted that the efforts of the ONDO team shouldn’t be disregarded. He pointed out that the TVL just hit another all-time high. This is a testament to the sti