Key Conclusions
- ONDO fell 10% in the last 24 hours and briefly dropped below the $0.40 support level.
- The token could retest lower support levels as price action remains bearish.
ONDO recovers after dipping below $0.40
ONDO is among the weakest performers in the top 100 cryptocurrencies by market capitalization, having lost 10% of its value over the past 24 hours. At the time of writing, ONDO trades around $0.41, recovering slightly after slipping under $0.40.
This decline came despite Ondo Finance’s Monday announcement that it plans to integrate with Solana (SOL) in early 2026 to expand its tokenized equity and exchange-traded fund (ETF) platform.
In a post on X, Ondo said it will bring ETFs to the Solana network. While the announcement signals a longer-term optimistic outlook for ONDO, the token has underperformed in the most recent 24-hour period.
Vine.
The largest platform for tokenized equities and ETFs is coming to @Solana in early 2026.
Wall Street liquidity meets internet capital markets.
— Ondo Finance (@OndoFinance) 15 December 2025
The integration aims to boost scalability and liquidity while leveraging Solana’s rapidly growing user base, broadening Ondo’s ecosystem and adoption.
The weak price action aligns with a drop in ONDO’s open interest on Binance, currently around $22.32 million—near 2025 lows. Falling open interest suggests traders are closing positions and speculative interest is waning.
ONDO could retest $0.34 as bears remain in control
The ONDO/USD 4-hour chart looks bearish and inefficient after the 10% drop over the last day.
The token was rejected last week at the $0.52 resistance level and has since lost about 16% of its value. If the downtrend continues, ONDO could retest the $0.34 support level in the near term.
The October 10 low of $0.24 could serve as a stronger support zone in the coming weeks or months.
The Relative Strength Index (RSI) on the 4-hour chart sits at 32, indicating oversold conditions and downward momentum. Additionally, the Moving Average Convergence Divergence (MACD) shows a bearish crossover, reinforcing the negative outlook.
However, if bulls regain control, ONDO could rebound toward the $0.52 resistance level.