The collaboration between ONDO and Ripple facilitates 24/7 access to tokenized US Treasuries via the XRP Ledger with RLUSD, contributing to a TVL surge.
Currently, ONDO’s market capitalization stands at 2.824 billion USD with a daily trading volume of 167.02 million USD. Despite this growth, annualized fees are comparatively low at 54.24 million USD.
ONDO is facing possible resistance around the 0.867 USD support level. Future movements are speculated to challenge the 0.90 USD and 0.98 USD marks, as ONDO maintains its market trend.
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