Here’s why Ondo is sliding

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Ondo Finance Slides 10.29% Today

Highlights

On October 30, 2025, Ondo appointed Chainlink as the official provider of price feeds for its tokenized stocks and ETFs, leveraging Chainlink’s Cross-Chain Interoperability Protocol.
Ondo expanded its tokenized securities platform to the BNB Chain, allowing millions of users access to U.S. stocks and ETFs.
These moves have driven Ondo’s total value locked close to $700 million, strengthening its presence in global markets and product ecosystem.

Ecosystem growth accelerates after Chainlink partnership and BNB expansion

On October 30, 2025, Ondo named Chainlink as the official provider of price feeds for its tokenized stocks and ETFs, enhancing data movement and valuation accuracy across blockchains through Chainlink’s Cross-Chain Interoperability Protocol. Ondo also expanded its tokenized securities platform to the BNB Chain, providing access to U.S. stocks and ETFs for millions of users and driving its total value locked close to $700 million. These developments deepen Ondo’s penetration into global markets and strengthen its product ecosystem.

Anton Kharitonov, expert at Traders Union, views ONDO’s technical outlook as deeply bearish, with price sustaining below all key moving averages. He underscores that the token faces multi-timeframe resistance, with sentiment remaining weak despite increased adoption efforts. In his assessment, recent product expansions have yet to translate into positive price momentum or restore confidence. “ONDO’s inability to reclaim $0.751 signals persistent downside risk — traders should remain defensive and avoid premature long exposure,” he warns.

Viktoras Karapetjanc, expert at Traders Union, maintains a constructive stance on ONDO, emphasizing the platform’s rapid integration of Chainlink price feeds and expansion to the BNB Chain. He believes these strategic moves enhance global reach and set the groundwork for future institutional interest, as reflected in the approach toward $700 million in TVL. Karapetjanc points out that, although price action remains soft, the broader adoption narrative supports medium-term upside potential. “ONDO’s underlying growth drivers remain strong — the market offers attractive setups for forward-looking investors,” he states.

Price languishes beneath technical barriers amid prolonged downside pressure

ONDO is trading at $0.6706, well below its MA-20 at $0.751, MA-50 at $0.8828, and MA-200 at $0.9006. This alignment signals sustained short-, medium-, and long-term bearish pressure, with the nearest support and resistance levels indicated by the Ichimoku Kijun at $0.6136 and MA-20 at $0.751, respectively.

Previously, it was noted that the probability of a price increase is very low, with the report emphasizing further decline risk as narrow trading range limits upside. Technical analysis suggested persistent resistance from sellers across multiple timeframes, with weekly indicators supporting a scenario where further decline more likely.

Source of Data: ONDO Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.