New Ondo addresses overvoltage of 390% in 24 hours – a sign of growing interest in finance Ondo

by Barry Solano
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Ondo Finance (ONDO) has undergone high sales pressure and increased volatility, because the wider cryptography market continues its downward trend. Since the beginning of March, Ondo has lost more than 40% of its value, reflecting the overall feeling of risk on the market. With the fear that dominates pricing, analysts warn new declines while investors are hesitant to enter long positions.

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Despite the current tendency in progress, data on the Glassnod chain reveal a significant change in the activity of the network. In the past 24 hours, new Ondo addresses have jumped by 390%. This increase in new addresses suggests that the interest in the finance of the Ondo increases, even if the action of the prices remains low. Historically, the increase in network activity can be a precursor of a stronger adoption, which potentially establishes the price of a long -term recovery.

With Feeling of the market is still sloping lightThe next few days will be crucial for the short -term price trajectory of Ondo. Investors are looking closely if the increase in network activity results in a renewed demand or if the sales pressure will continue to weigh on prices.

Ondo leads the Rwa market despite volatility

During the past year, Ondo Finance has established itself as one of the main Crypto projects, guaranteeing its position as a leader in real asset market (RWA). The project gained in traction by offering token financial products, by carrying out traditional finances with blockchain technology.

Recently, they made a big step forward by revealing Ondo Chain, a licensed layer 1 blockchain designed for institutional finance. This innovation aims to bring regulated institutions into digital asset space, improving efficiency and security while guaranteeing compliance with financial regulations.

Top Analyst Ali Martinez shared ideas on Xrevealing that the new Ondo addresses jumped 390% in just 24 hours, going from 935 to 4,559. This increase in network activity could indicate a change in the feeling of investors, which suggests that ONDO can be ready for solid performance once the market is stabilized. Historically, the increase in the adoption of the network was a bullish signal, often preceding prices recovery.

Ondo number of new addresses | Source: Ali Martinez on X
Ondo number of new addresses | Source: Ali Martinez on x

Despite the current slowdown in the market, the fundamentals remain strong. The project continues to develop, attract institutional interest and strengthen its role as a key director in the growing sector of RWA.

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With institutional finance adopting blockchain solutions and increasing network activity, Ondo remains a strong competitor for future growth. If market conditions become favorable, the project could emerge as one of the most efficient in the next bull cycle, driven by its continuous innovation and its expanding ecosystem.

Key support on the Taurus monitor

Ondo is currently negotiating at $ 0.83, having erased all the post-electoral rally gains that started in November 2024. After months of regular growth, Ondo was captured in the slower market slowdown, faced with sales pressure and uncertainty while investors are reassembling the risk.

Fresh daily fixing price | Source: Ondousdt table on tradingView
Fresh daily fixing price | Source: Ondousdt Thagne on tradingView

In order for the bulls to regain control, Ondo must keep above the support level of $ 0.75 to establish a solid base for recovery. Consolidation at these levels could help stabilize prices, but with the market still downwards, this process can take longer than expected. If buyers do not hold $ 0.75, Ondo could face new risks, extending its correction.

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However, if Ondo lies above $ 0.80 level, the bulls must aim for a push to $ 0.95, a key resistance level which could point out the start of a recovery phase. With a new address growth, indicating an increase in network activity, Ondo could be well positioned for a rebound once the feeling of the market improves. For the moment, traders are looking at if Ondo can defend its support levels or if continuous weakness sends it in the short term.

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