Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
ONDO price jumps 13%: can DTCC link drive a bigger breakout?

ONDO price jumps 13%: can DTCC link drive a bigger breakout?

CryptoNewsNetCryptoNewsNet2026/07/21 14:06
By:CryptoNewsNet
Back to the list

ONDO price jumps 13%: can DTCC link drive a bigger breakout?

ONDO price jumps 13%: can DTCC link drive a bigger breakout? image 0  invezz.com 23 m
ONDO price jumps 13%: can DTCC link drive a bigger breakout? image 1

$ONDO has rallied more than 13% over the past 24 hours after Ondo Finance expanded its tokenized securities offering through the Depository Trust & Clearing Corporation's tokenization infrastructure and deepened its role in Robinhood's blockchain-based stock token ecosystem.

According to Coingecko, $ONDO climbed to around $0.39 on Monday after trading near $0.34 a day earlier, extending its weekly gains to more than 22% as investors responded to a series of institutional developments around tokenized real-world assets.

Buying accelerated after Ondo Finance announced that its tokenized stocks, including CRCLon representing Circle shares and SPYon representing the SPDR S&P 500 ETF, are now linked to DTC Tokenized Entitlements created through the DTCC Tokenization Service.

Instead of relying solely on synthetic exposure, the products connect directly to securities held within the Depository Trust Company's clearing infrastructure.

The integration places Ondo among participants in DTCC's tokenization initiative, which includes financial institutions such as BlackRock, JPMorgan, Goldman Sachs, Nasdaq and the New York Stock Exchange.

Under the framework, DTCC creates digital tokenized entitlements carrying the same CUSIP identifiers and symbols as securities held at DTC, allowing assets to move between traditional custody and tokenized form.

For institutional investors, the model provides a direct connection to existing clearing and settlement systems while keeping tokenized assets tied to regulated market infrastructure.

The arrangement also addresses custody, settlement, and operational requirements that many institutional participants consider necessary before adopting tokenized securities.

Another catalyst has emerged from Robinhood's recent expansion into tokenized equities.

Robinhood recently introduced its public Robinhood Chain, built on Arbitrum, alongside tokenized stock trading through the Robinhood Wallet.

The rollout gives users across more than 120 supported jurisdictions access to around-the-clock trading while allowing tokenized stocks to interact with decentralized exchanges and lending protocols.

Within that ecosystem, Ondo's products, including its USDY yield-bearing token and tokenized equities, serve as infrastructure for tokenized real-world assets, giving the protocol access to Robinhood's global retail user base and expanding distribution for its products.

At the same time, improving sentiment across crypto markets has added momentum to the move.

Cooling inflation expectations and increasing optimism around potential interest rate cuts have encouraged investors to rotate into altcoins, while capital has continued flowing into real-world asset projects.

$ONDO price analysis

The technical picture has also strengthened alongside the fundamental developments.

On the daily chart, $ONDO has broken above its 20-day, 50-day and 100-day exponential moving averages, all clustered between approximately $0.339 and $0.345, indicating buyers have regained control of the short-term trend.

ONDO price jumps 13%: can DTCC link drive a bigger breakout? image 2

$ONDO price 1-day price chart. Source: TradingView.

More importantly, the token has also moved above the 200-day EMA near $0.376 for the first time in several months, removing a resistance level that had capped previous rallies.

The daily chart also shows $ONDO trading above its anchored VWAP, suggesting buyers remain willing to accumulate at higher prices.

Monday's breakout occurred alongside a noticeable increase in trading volume, giving additional confirmation that the move is being supported by fresh demand rather than thin liquidity.

Even after the sharp rally, price is approaching a resistance zone around $0.39 to $0.40, where previous advances stalled earlier this year.

A decisive daily close above that area could expose the May swing highs near $0.43 to $0.45, although confirmation would likely require continued strong volume.

The 4-hour chart points to strong short-term momentum but also signals that the rally has become stretched.

ONDO price jumps 13%: can DTCC link drive a bigger breakout? image 3

$ONDO/USDT 4-hour price chart. Source: TradingView.

The 14-period Relative Strength Index has climbed to around 71, placing $ONDO in overbought territory.

While an elevated RSI often accompanies strong breakouts, it can also precede periods of consolidation as traders lock in profits.

Volume-based indicators continue to support the bullish case.

On-Balance Volume has resumed its upward trend after recovering from last week's pullback, indicating that buying activity has increased alongside price rather than weakening during the latest advance.

The price structure on the 4-hour timeframe also shows $ONDO breaking above its recent consolidation range before accelerating toward $0.39.

Holding above the breakout area around $0.37 to $0.38 would keep the current trend intact, while a sustained move above $0.40 could open the door for another attempt at the $0.43 to $0.45 region.

0
1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

US Treasury "Extreme Short Sellers" Gather! With Oil Prices and Treasury Yields "Dual Pressure," Rate Hike Expectations Surge, Market Bets Real Money on a New Round of Tightening

According to some veteran Wall Street analysts, the most favorable combination for the market is a small rate hike accompanied by a clear data-dependent stance, allowing investors to interpret it as a limited and moderate monetary policy adjustment to guard against recurring inflation.

智通财经2026/09/16 03:21
US Treasury "Extreme Short Sellers" Gather! With Oil Prices and Treasury Yields "Dual Pressure," Rate Hike Expectations Surge, Market Bets Real Money on a New Round of Tightening

Intel CEO: CPU only meets 50% of demand, 14A to start production in Q1 next year, new architecture may reduce inference power consumption to 1/15 of GPU

Intel CEO Pat Gelsinger stated that the era of AI agents has triggered an explosion in CPU demand, and Intel is currently able to meet only about 50% of its customers' supply needs, with several tech giant CEOs calling to secure supply. In terms of manufacturing process, the 18A node is now in full mass production, while the 14A node will begin production in the first quarter of next year. By opening up factory data, yield rates are improving by about 7% annually. Additionally, he is advancing neuromorphic computing to address energy consumption bottlenecks and expects quantum computing to have a substantial industrial impact within 3 to 5 years.

华尔街见闻2026/09/16 02:31

Reportedly, the US urges Japan to "increase" defense spending; Tokyo considers a 3.5% GDP target, bond market and yen come under pressure first

Under pressure from the United States, Japan is considering setting a new medium-term defense spending target, planning to increase its defense expenditure to 3.5% of GDP to align with NATO and other U.S. allies.

智通财经2026/09/16 02:11
Reportedly, the US urges Japan to "increase" defense spending; Tokyo considers a 3.5% GDP target, bond market and yen come under pressure first