ONDO Emerges as a Leader in the Real World Asset (RWA) Space, Its TVL Increase Signals Strong Investor Confidence

Ondo [ONDO] emerged as a clear leader in the Real World Asset (RWA) space, recording transaction volumes that far surpass its competitors.

Ondo [ONDO] emerged as the clear leader in the Real World Asset (RWA) space, with transaction volumes far surpassing its competitors.

At its peak in January 2025, ONDO recorded approximately $500 million in volume, a massive difference compared to its nearest competitor, MKR, which posted the highest volume of just under $50 million during the same period.

Other tokens like PAXG, GFI, and DAKS displayed much lower activity, generally remaining below the $25 million mark throughout.

Source: IntoTheBlock

This substantial volume difference highlights the coin’s superior market position and possibly its greater utility or adoption within the sector. Comparatively, tokens such as XAUT, BUIDL, and BKN show minimal transaction activities, barely crossing the $5 million threshold.

This underscores ONDO’s standout performance in a relatively sluggish market environment.

The data suggests the coin is not only leading but also potentially expanding its influence in the RWA market.

How will ONDO react to Binance buying?

Binance’s notable accumulation indicates potential dynamics influencing ONDO’s next move. Recent transactions reveal Binance’s strategic increase in its holdings, including acquiring 36.03K ONDO for $44.32K.

This buying pattern by a major exchange typically signals strong confidence in the asset’s future performance, possibly stabilizing prices or initiating an uptrend.

At press time, ONDO was trading at $1.23, showing resilience above the crucial $1.14 level, which coincides with the 200 EMA support level.

If sustained, this zone could act as a potential base for upward movement. However, a break below this level could lead to declines.

Source: TradingView

Prior resistance near $2.15, if retested following a bullish reversal, could set new targets for ONDO around the $2.00 level.

Conversely, failure to maintain the current support level could see prices retracting towards the next significant support below $1.00 due to potential sell-offs.

Activities like those of Binance often attract attention, potentially driving large-scale and retail investments, which could increase demand and price appreciation.

On the flip side, if market sentiment doesn’t improve, increased supply pressure could lead to lower price levels. It’s critical to monitor these developments closely.