ONDO surged 13% to reach a 10-month high of $0.60 as the institutional era of tokenization gains momentum. The token now commands 12% of the Real World Assets market, valued at $38.5 billion, with an RWA market capitalization of $3.9 billion. This rally was supported by a historic connection to traditional finance infrastructure through DTCC Fund/SERV network membership. Investors, however, started taking profits, with net spot flow reaching $2.1 million. Despite this correction, the token’s technical structure remains bullish, with a potential target of $0.68 should momentum resume.
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