Ondo Token Falls 12% as Wallet Interactions Top 1 Million
ONDO traded at about $0.5084 as of 12 p.m. ET (16:00 UTC) Sept. 29, while Ondo Finance’s tokenized products continued to expand across major blockchain networks.
Ondo Finance’s ONDO token fell 12.09% over 24 hours to about $0.5084 as of 12 p.m. ET (16:00 UTC) Sept. 29, even as wallet interactions with its tokenized assets surpassed one million.
The milestone covers wallets that interacted with tokenized stocks, exchange-traded funds and U.S. Treasury products. It does not establish the number of unique users, the value held by those wallets or whether they remain active.
“Tokenization is reaching millions,” Ondo Finance said in a Sept. 28 post on X.
ONDO had fallen below the $0.5200 support level, while the $0.50 area remained a key support zone. The decline occurred during a broader cryptocurrency market pullback.
Ondo Finance operates tokenized real-world asset products, including representations of stocks and ETFs and tokenized U.S. Treasury products. Its products were available across Ethereum, Solana and BNB Chain.
The company’s tokenized products had more than $2.5 billion in total value locked as of Jan. 23, 2026. Tokenized stocks had exceeded $500 million in total value locked and $7 billion in cumulative trading volume.
