CryptoWorld News: ONDO Finance, the leading project in the RWA sector, saw its native token ONDO rise briefly by 7.3%, with the high reaching $0.44 before temporarily falling back to $0.429. This short-term rally came after reports that the “China Securities Regulatory Commission is seriously investigating and cracking down on illegal cross-border business activities by institutions such as Tiger,” and ONDO has increased by 29% over the past five days from its low point. On Hyperliquid, a trader opened a long position in ONDO six days ago with a principal of $68,000; the trade has now recorded a 173% gain on the principal, with an unrealized profit of $117,000, when the price was around $0.36.

ONDO-11.42%
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