ONDO Price Dips Despite Reaching One Million Wallet Milestone
Ondo (ONDO) has surpassed one million wallets, reflecting growth in its tokenized stocks, ETFs, and Treasury products. Despite this milestone, the token price fell 12.09% to near $0.50 amid a broader crypto market sell-off that saw $531 million in liquidations. Trading volume rose 76.48% during the decline, indicating high activity. Market data shows a divergence between spot buyers, who remain dominant, and futures traders, who are driving the sell pressure.
Summaries are written by AI from the original article. Not investment advice.