ONDO is one of the most outstanding tokens recently in the market, receiving dual catalysts from the DTCC working group selection and the JPMorgan/Mastercard cross-border pilot from May 4 to 9 in terms of funding.

① News-driven catalyst: On May 4, Ondo was selected into the DTCC (Depository Trust & Clearing Corporation) tokenization industry working group. DTCC clears over $3.7 trillion in assets annually. This "ticket" significantly enhances institutional compliance credibility. On May 6, Ondo, JPMorgan, Mastercard, and Ripple jointly completed the world's first cross-chain tokenized U.S. Treasury cross-border settlement (compressed from 3-5 business days to nearly real-time), bridging the "last mile" between traditional banking systems and public blockchains.

② Market performance and trading activity: Driven by the above events, ONDO rose from $0.268 on May 1 to $0.41 on May 8, an increase of approximately 50.9%. On May 9, it briefly reached $0.48 (a five-month high), with a daily increase of over 24%, and a weekly total gain of about 70%. During the same period, futures trading volume surged 184.9% to $1.52 billion, with open interest increasing by 56%, indicating high market sentiment.

③ Technical analysis and key price levels: In the short term, the daily RSI once climbed near 87, entering overbought territory, indicating potential technical correction pressure. Support levels for a pullback are around $0.34, with short-term resistance at approximately $0.42–0.44. Breaking through these could challenge the $0.70 and $1.00 levels.

④ RWA track and fundamental background: ONDO's position as a leader in the real-world asset (RWA) tokenization track continues to strengthen. Its platform's total value locked (TVL) has exceeded $3.5 billion, with a market share of tokenized stocks around 58%–80%. Partners include over 150 institutions such as BlackRock, Fidelity, Goldman Sachs, and PayPal. The market is also looking forward to the protocol fee dividend mechanism expected to be implemented in the second half of 2026, which will provide tangible value support for ONDO. #Gate广场五月交易分享