Saturday January 18, a day marked with a white stone in the calendar of the Ondo Finance project, approximately 19.4% of the supply was to be released on this date, leaving investors anxious about a fall which seemed quite indicated. However, the asset appears resilient following this event.
Can ONDO resume its rise after the massive unlocking of its tokens?
It is Friday January 24, 2025 and the price of ONDO is moving around $1.48.
Ondo Finance is a project that has established itself as a major reference in the crypto ecosystem, largely thanks to its close collaboration with BlackRock, the largest asset manager in the world. Ondo's positioning is based on the tokenization of real-world assets (Real World AssetsRWA), a field that has been booming in recent months, where the project is recognized as one of the leaders.
This area is particularly highlighted by BlackRock, which considers it to be one of the main growth vectors for crypto-assets. Tokenization could enable the integration of traditional assets, such as bonds, stocks or even real estate, into decentralized finance protocols. This approach paves the way for major technical innovations in the modern finance sector.
Trade crypto on Binance, the #1 exchange in the world
In derivatives markets, sentiment towards the ONDO project was particularly pessimistic. A record negative funding fee was reached around January 18, a date marked by a significant release of tokens. This event led to an approximately 60% increase in open interest, reflecting the bias of speculators to open short positions en masse.
Since this event, the market has gradually returned to more balanced behavior. Open interests (Open Interest) decreased by 40% and financing costs returned to a neutral level. This correction seems to have allowed the market to purge itself of its excesses, thus offering the ONDO token the opportunity to evolve in a more organic and natural way.
ONDO is 37th in the ranking by capitalization of the crypto ecosystem, with $4.75 billion to its assets. A position that gives it the title of leader in the RWA sector.
| Pairs with Ondo Finance | 24 hours | 7 days | 1 month |
| ONDO/USDT | +9.20% | +21.90% | -7.70% |
| ONDO/ BTC | +8.70% | +18.50% | -13.90% |
👉 How to easily buy cryptos in 2025?
ONDO soon freed from the daily salesman wall?
The chart of the ONDO token shows an evolution in a range between 1.10 and 1.60 dollarsan area already worked during the second quarter of 2024 before being reinstated at the end of the year. Since January 18, the asset has faced strong selling pressure around $1.50, with each attempt to increase being systematically pushed back towards the middle zone, located around $1.30.
However, the weekly trend remains bullishand the Bollinger bands remain open, suggesting that volatility could still play a significant role in the medium term. This consolidation phase could therefore resolve favorably with an upward movement, consistent with the dominant trend.
This hypothesis is supported by the 20-week moving average, whose upward slope reflects positive momentum. Currently located near key support at $1.10, this confluence reinforces the importance of this area as a critical threshold. A bearish crossing of this level would, however, invalidate the bullish scenario.
Try dYdX now: the preferred DEX for crypto traders!
The ONDO token appears to have withstood the impact of the massive token unblocking that occurred on January 18, 2025. Rather than suffering a prolonged fall, the asset is showing healthy consolidation in an area it had already worked in the past. This stabilization phase demonstrates the resilience of the asset and could be interpreted as a reaccumulation phase.
The asset's polarity can be set around the 2024 annual close. If prices manage to sustainably settle above this zone and break out above key resistance at $1.55, it could signal a bullish reversal in the short term. Such a breakout could release ONDO from the current range and trigger a move towards its all-time high of $2.14.
| UT | Tendency | Invalidation (in dollars) |
| Weekly | Bullish | 1.10 |
| Daily | Bearish | 1.55 |
| 4 hours | Bullish | 1.25 |
ONDO daily price graph
In summary, The ONDO token is resilient and, in a healthy consolidation, it is currently working in a range from which it must extricate itself to consider establishing new records. To the south, the 20-week moving average determines the support that must be maintained to maintain any bullish scenario.
So, do you think that ONDO can already set off again towards a new price record? Don't hesitate to give us your opinion in the comments.
Have a nice day and we’ll see you next week for a new analysis.
Trade cryptos on Binance, the #1 exchange in the world
Sources: TradingView, Coinglass, Glassnode
The #1 Crypto Newsletter 🍞
Receive a summary of crypto news every day by email 👌
Some links in this article may be affiliated. This means that if you buy a product or register on a site from this article, our partner pays us a commission.
Investments in cryptocurrencies are risky. There is no guaranteed high return, a product with high return potential involves high risk. This risk-taking must be in line with your project, your investment horizon and your capacity to lose part of this savings. Do not invest if you are not prepared to lose all or part of your capital
Analyst at Cryptoast Research for several years, I carry out in-depth monitoring of the crypto market to analyze the next narratives while keeping an eye on the financial markets.
Emmanuel Lazaro
107 items
