Will Solana expansion fuel ONDO’s price hike back above $0.50?
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
ONDO Finance's potential expansion to Solana has drawn market attention as the token struggles to reclaim the $0.50 level, with the weekly chart maintaining a bullish bias even as the daily timeframe shows bearish pressure. The protocol, which tokenizes US Treasury products on Ethereum, has seen ONDO trade below the psychological $0.50 threshold amid conflicting technical signals across timeframes. A Solana deployment could broaden ONDO's accessibility and liquidity across one of the most active chains for DeFi activity, potentially attracting new capital inflows to the tokenized Treasuries sector. The development matters because ONDO has been a leading protocol in the real-world asset (RWA) category, where competition for market share among tokenized Treasury platforms is intensifying. Traders are watching whether the multi-chain expansion can provide a catalyst strong enough to reverse the daily bearish structure and push the price back above $0.50. Key metrics to monitor include ONDO's TVL trends, Solana ecosystem adoption post-launch, and whether weekly bullish momentum can reassert itself over daily bearishness.
Muhabbit's AI wrote this summary in its own words from AMBCrypto's report. It can get details wrong, so check the source.
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