Key insights
- ONDO dropped 10% over the past 24 hours, briefly slipping below the $0.40 support level.
- The coin could retest lower support levels if the price action remains bearish.
ONDO recovers after falling below $0.40
ONDO is among the worst performers within the top 100 cryptocurrencies by market capitalization, having lost 10% of its value in the last 24 hours. At the time of writing, ONDO trades at $0.41, showing a slight recovery after dipping under $0.40.
This bearish performance comes despite Ondo Finance’s announcement on Monday that it plans to integrate with Solana (SOL) in early 2026 to expand its tokenized equities and exchange-traded funds (ETFs) platform.
According to their post on X, Ondo will bring ETFs to the Solana network. Although that announcement signals a positive long-term outlook for ONDO, the token has underperformed in the past 24 hours.
It’s coming.
The largest tokenized equities and ETFs platform is coming to @Solana in early 2026.
Wall Street liquidity meets internet capital markets. pic.twitter.com/CmMFT2UTFu
— Ondo Finance (@OndoFinance) December 15, 2025
The planned integration should improve scalability and liquidity and leverage Solana’s rapidly growing user base, potentially broadening Ondo’s ecosystem and adoption.
The bearish move aligns with falling open interest for ONDO on Binance, currently around $22.32 million and close to 2025 lows. Declining 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 shows bearish, inefficient price action, reflecting the token’s 10% decline over the past day.
Last week the coin was rejected at the $0.52 resistance level and has since lost 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 act as a stronger support level in the coming weeks or months.
The 4-hour Relative Strength Index (RSI) sits at 32, pointing toward oversold conditions and indicating strong bearish momentum. The Moving Average Convergence Divergence (MACD) also displays a bearish crossover, reinforcing the negative outlook.
If bulls regain strength, ONDO could climb again toward the $0.52 resistance level.