Ondo Finance token rises 5.4% as a Sunday afternoon climb holds
Ondo Finance’s ONDO token rose 5.4% in 24 hours to $0.524 as of 7:40 p.m. ET on Sunday, Oct. 11, per CoinGecko.
The quick take
- Price: $ONDO $0.524, +5.4% ↑ over 24 hours (CoinGecko, 23:40 UTC).
- Trigger: No new Ondo Finance announcement since Oct. 5; the cause is not confirmed.
- Watch: Whether $ONDO keeps the afternoon gain it held through Sunday evening.
The Ondo Finance token rises 5.4% over 24 hours to $0.524, according to CoinGecko data at 7:40 p.m. ET on Sunday, Oct. 11. Ondo Finance ($ONDO) did most of its climbing in the early afternoon, then held the gain into the evening.
What happened
LiveCoinWatch put $ONDO at $0.524, up 5.3%, within 0.11% of CoinGecko. CoinPaprika showed a larger 6.3% gain.
On Binance’s ONDO/USDT pair, the token traded near $0.487 at 14:00 UTC (10 a.m. ET). It reached $0.512 by 17:00 UTC, then held between $0.504 and $0.514 through the evening. It last traded at $0.523 at 23:41 UTC.
CoinGecko puts the 24-hour low at $0.481. $ONDO is up 4.5% over seven days and 51% over 30 days. It still sits about 76% below its record of $2.14, set on Dec. 15, 2024.
Why it moved
Ondo Finance’s blog shows no new post since Oct. 5, when it introduced Ondo Private Markets. With no Ondo news in the past day, the cause of the climb is not confirmed.
The gain outpaced larger coins. Solana ($SOL) rose 1.0%, per CoinGecko. Bitcoin ($BTC) gained 0.8% and Ether ($ETH) 1.1%, per LiveCoinWatch at 23:41 UTC.
Ondo’s recent posts center on tokenized stocks and funds. In mid-September, it said its broker-dealer unit, Oasis Pro Markets, became the first tokenization platform to join DTCC’s Fund/SERV network.
Who’s buying and selling
$ONDO had a market value of $2.55 billion and $179.5 million in 24-hour trading volume, per CoinGecko. That ranks it No. 45 among crypto assets by market value.
Daily volume came to about 7% of its market value. Volume figures show how much changed hands, but not who bought or sold.
What to watch next
- Whether $ONDO keeps the afternoon gain it held through Sunday evening.
- Any Ondo Finance update that explains the move.
- CoinGecko trading volume, which shows whether the climb draws more trading.
Bottom line: $ONDO rose 5.4% in a day without a confirmed trigger, while larger coins moved about 1%.
Sources
- CoinGecko — Ondo (ONDO) price, 24-hour low, 30-day change and record high (23:40–23:42 UTC, Oct. 11)
- LiveCoinWatch — ONDO price cross-check, Bitcoin and Ether (23:41 UTC)
- CoinPaprika — ONDO price and 24-hour change (23:38 UTC)
- Binance — ONDO/USDT hourly prices (23:41 UTC)
- Ondo Finance blog — latest posts (checked 23:41 UTC)
- Ondo Finance — Oasis Pro Markets joins DTCC’s Fund/SERV (Sept. 16)
- CoinGecko — Solana (SOL) 24-hour change (23:40 UTC)
Price data: CoinGecko. Not financial advice.