Breaking the $0.45 level.


The price of Ondo coin rose more than 16% on Friday, nearing a return to $0.45 after the launch of the digital treasury settlement.
Ondo traders are increasingly looking to buy long positions as open interest in futures climbs to $165 million.
The rise in the Ondo index is driven by strong technical momentum, evidenced by a bullish MACD crossover and a steadily rising RSI.
Ondo (ONDO) continues to rise above $0.4000 as of Friday at the time of writing, supported by growing interest in the token, following news that the network has launched its first tokenized treasury-bill settlement.
Ondo Finance, in collaboration with JPMorgan, Mastercard, and Ripple, has tested cross-border interbank settlement of tokenized short-term U.S. Treasury bonds. This trial is paving the way to expand the scope of treasury bond settlement and convert it into a tokenization system in a regulated environment on the blockchain, away from open blockchains such as BUIDL from BlackRock.
Ondo draws strong market attention
Retail investors are increasingly seeking exposure to Ondo derivatives, as reflected in the rise in open perpetual futures volume to $165 million on Friday, from about $152 million on the previous day#v
ONDO24.02%
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