๐—ฌ๐—ข๐—จ๐—ฅ ๐—ช๐—˜๐—•๐—ฆ๐—œ๐—ง๐—˜ ๐—›๐—”๐—ฆ ๐—•๐—˜๐—˜๐—ก ๐—›๐—”๐—–๐—ž๐—˜๐——

๐—›๐—”๐—–๐—ž๐—˜๐—— ๐—•๐—ฌ ๐—œ๐—ž๐—ฌ๐—ฌ๐Ÿต๐Ÿต๐Ÿต

ู…ูˆู‚ุน ุงู„ูˆูŠุจ ุงู„ุฎุงุต ุจูƒ ู„ุฏูŠู‡ ู†ุธุงู… ุฃู…ุงู† ุณูŠุฆ ู„ู„ุบุงูŠุฉ ุŒ ุญุชู‰ ุงู„ู…ูˆุงู‚ุน ุงู„ุฅุจุงุญูŠุฉ ุฃูุถู„ ุจูƒุซูŠุฑ

ุฃู…ุงู…ูƒ ุจุถุนุฉ ุฃูŠุงู… ู„ุฅุฌุฑุงุก ุชุบูŠูŠุฑุงุชุŒ ูˆุฅุฐุง ู„ู… ุชูุนู„ ุฐู„ูƒุŒ ููŠู…ูƒู†ู†ุง ุงุชุฎุงุฐ ุฅุฌุฑุงุกุงุช ุชุชุฌุงูˆุฒ ุฐู„ูƒ.

GunduXpliot Gundu

WELCOME TO WEBSITE MR.Gundu

Website ampas kalo bikin susah dikit jan banyak ngocok admin hama bisa nya di korup gaterima?@depesbymaklo chat tele gw ya anjing #Website kaya sampah deleted aja hama #Admin banyak ngocok#Admin korup#Web ampas jan di bikin





-------------------------------------------------------------- Thanks TO: komodoXploit,vinzXpalembang,yama,yanzXhama,ZeroXlemper --------------------------------------------------------------
SubscribeSubscribe
SubscribeSubscribe
Home Crypto news Why is ONDOโ€™s price down despite Chainlink partnership, BNB Chain expansion
Crypto news

Why is ONDOโ€™s price down despite Chainlink partnership, BNB Chain expansion

October 30, 20252 Mins read4
Share
Share

The ONDO price has slipped sharply despite a wave of seemingly bullish developments from Ondo Finance, including a landmark partnership with Chainlink and the expansion of its tokenised securities platform to BNB Chain.

The tokenโ€™s decline highlights the current cautious sentiment across the cryptocurrency market, where strong fundamentals are being overshadowed by broader risk aversion and technical weakness.

Market fear dulls momentum

Over the past 24 hours, the crypto market has entered a correction phase, dragging most altcoins lower.

The total market capitalisation has fallen by more than 4%, while Bitcoin dominance climbed above 59%, signalling a rotation toward safer assets.

The Crypto Fear & Greed Index dropped to 34, reflecting heightened fear among investors.

In this climate, ONDOโ€™s 6.11% decline to around $0.69 appears less surprising.

Traders have been quick to secure profits after recent rallies, especially following major announcements from the Ondo ecosystem.

ONDOโ€™s correlation with broader altcoin weakness has amplified its losses, as short-term traders exited positions to reduce exposure.

While sentiment has cooled, analysts note that these conditions are cyclical.

The decline in derivatives open interest by over 2% across the sector suggests temporary risk reduction rather than a fundamental rejection of Ondoโ€™s long-term potential.

Profit-taking after major news

Ondoโ€™s announcement earlier this week that it had expanded Ondo Global Markets to BNB Chain was expected to be a major catalyst for the token.

The move opened access to millions of BNB Chain users, particularly in Asia and Latin America, enabling 24/7 blockchain-based exposure to tokenised US equities and ETFs.

However, instead of lifting prices, the news triggered a wave of profit-taking.

Market data shows that trading volume surged 50% to $160 million following the announcement, suggesting that many investors sold the news.

This reaction is common in crypto markets, where traders often lock in gains immediately after high-profile developments.

The Ondo Finance price drop also reflects technical pressures.

The token fell below key short-term support at $0.73, breaking both its 7-day and 30-day simple moving averages.

Indicators such as the RSI at 36.63 and a negative MACD signal line confirm that bearish momentum remains in play.

Ondo Finance token price | Source: CoinMarketCap

Chainlink partnership adds long-term strength

Just a day after the BNB Chain expansion, Ondo Finance unveiled another major partnership โ€” this time with Chainlink, the industry-standard oracle network.

Under the agreement, Chainlink will serve as Ondoโ€™s official oracle provider, powering real-time, institutional-grade price data for its tokenised stocks and ETFs.

The collaboration also names Chainlinkโ€™s Cross-Chain Interoperability Protocol (CCIP) as the preferred infrastructure for connecting financial institutions on-chain.

This partnership positions Ondo at the heart of a growing alliance that includes major global players such as SWIFT, DTCC, and Euroclear, marking a significant milestone for the tokenisation of real-world assets.

Despite the strategic importance of this deal, market reaction remained muted.

Analysts attribute the tepid price response to short-term fatigue among investors, as well as the ongoing sector-wide correction. Yet, the long-term implications are far-reaching.

By integrating Chainlinkโ€™s data infrastructure, Ondo is reinforcing its position as a leading bridge between traditional and decentralised finance (DeFi).

ONDO price forecast: short-term pressure, long-term potential

For now, eyes are on the next support level near $0.68. A sustained break below this threshold could accelerate losses toward $0.57, but a bounce could signal renewed accumulation.

However, much will depend on Bitcoinโ€™s stability, as another downturn could drag ONDO further.

Nevertheless, beneath the current volatility, Ondoโ€™s fundamentals remain strong.

The platformโ€™s total value locked (TVL) now exceeds $1.7 billion, and its growing partnerships with Chainlink, BNB Chain, and institutional allies like World Liberty Financial highlight its expanding ecosystem.

The post Why is ONDOโ€™s price down despite Chainlink partnership, BNB Chain expansion appeared first on Invezz

Share
Previous post World Bank: Oil Glut to Drive Commodity Prices to Six-Year Low
Related Articles
Crypto news

Solana price outlook: Bitwise SOL staking ETF logs first-ever outflow

Solana exchange-traded funds have been among the success stories of recent weeks,...

December 16, 2025
Crypto news

How BlockTech under Alessio Vinassa is bridging East and West in the innovation economy

The post How BlockTech under Alessio Vinassa is bridging East and West...

December 16, 2025
Crypto news

Michael Saylorโ€™s Strategy (MSTR) buys another 10,645 BTC

Michael Saylorโ€™s Strategy (formerly known as MicroStrategy), the worldโ€™s largest Bitcoin corporate...

December 15, 2025
Crypto news

Bitcoin price struggles below $90K, BEAT bucks bearish trend with nearly 100% gains

Bitcoin price continued to struggle after losing the $90,000 support level over...

December 15, 2025

    Stay informed, track the markets, and boost your financial literacy.

    Dive into expert analysis, daily financial news, and practical tips on saving, investing, and building wealth. Whether youโ€™re just starting out or looking to sharpen your strategy, our content is designed to help you make smarter decisions and stay ahead in a fast-moving financial world.

    Crypto news

    Solana price outlook: Bitwise SOL staking ETF logs first-ever outflow

    Solana exchange-traded funds have been among the success stories of recent weeks, attracting capital despite broader market bearishness. Meanwhile, the narrative is shifting,...

    December 16, 2025
    Investing

    Homerun Resources Inc. Announces Advancement of Road Improvements Servicing Santa Maria Eterna Silica and Solar Glass Hub

    Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF)ย (‘Homerun’ or the ‘Company’)ย is pleased to announce that road improvement works benefiting the Company’s planned silica processing...

    December 16, 2025
    Investing

    Canadian Approval Pushes Teck, Anglo Closer to Creating US$53 Billion Miner

    Canada has approved the merger of Teck Resources (TSX:TECK.A,TECK.B,NYSE:TECK) and Anglo American (LSE:AAL,OTC:NGLOY), clearing a major regulatory hurdle for the creation of a...

    December 16, 2025
    Crypto news

    Michael Saylorโ€™s Strategy (MSTR) buys another 10,645 BTC

    Michael Saylorโ€™s Strategy (formerly known as MicroStrategy), the worldโ€™s largest Bitcoin corporate holder, has added yet another substantial tranche of BTC to its...

    December 15, 2025

    Want to stay updated?

    Get the latest news, expert predictions, and top indicators.

      Track all markets on TradingView
      Track all markets on TradingView

      Top stories

      Crypto news

      Solana price outlook: Bitwise SOL staking ETF logs first-ever outflow

      Solana exchange-traded funds have been among the success stories of recent weeks, attracting capital despite broader market bearishness. Meanwhile, the narrative is shifting,...

      December 16, 2025
      Crypto news

      How BlockTech under Alessio Vinassa is bridging East and West in the innovation economy

      The post How BlockTech under Alessio Vinassa is bridging East and West in the innovation economy appeared first on Invezz

      December 16, 2025
      Investing

      Homerun Resources Inc. Announces Advancement of Road Improvements Servicing Santa Maria Eterna Silica and Solar Glass Hub

      Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF)ย (‘Homerun’ or the ‘Company’)ย is pleased to announce that road improvement works benefiting the Company’s planned silica processing...

      December 16, 2025
      Investing

      Canadian Approval Pushes Teck, Anglo Closer to Creating US$53 Billion Miner

      Canada has approved the merger of Teck Resources (TSX:TECK.A,TECK.B,NYSE:TECK) and Anglo American (LSE:AAL,OTC:NGLOY), clearing a major regulatory hurdle for the creation of a...

      December 16, 2025
      Crypto news

      Michael Saylorโ€™s Strategy (MSTR) buys another 10,645 BTC

      Michael Saylorโ€™s Strategy (formerly known as MicroStrategy), the worldโ€™s largest Bitcoin corporate holder, has added yet another substantial tranche of BTC to its...

      December 15, 2025
      Crypto news

      Bitcoin price struggles below $90K, BEAT bucks bearish trend with nearly 100% gains

      Bitcoin price continued to struggle after losing the $90,000 support level over the weekend. On Monday, upside price action was capped due to...

      December 15, 2025
      Investing

      Angkor Resources Signs Letter of Intent to Sell Evesham Oil Production

      (TheNewswire) GRANDE PRAIRIE, ALBERTA TheNewswire – December 15, 2025 – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) is pleased to announce...

      December 15, 2025
      Investing

      Crypto Market Update: UK Moves To Place Crypto Firms Under FCA Regulation

      Here’s a quick recap of the crypto landscape for Monday (December 15) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin,...

      December 15, 2025
      load more
      ยฉ Copyright 2022 Jellywp. All rights reserved powered by Jellywp.com