- ONDO Finance hit a record $1.368B in TVL after partnering with Ripple to launch tokenized U.S. Treasuries on the XRP Ledger, signaling strong DeFi growth.
- Despite this, ONDO and XRP prices showed limited short-term movement, though long-term gains remain possible.
Ondo Finance is making headlines again — and this time, it’s for a groundbreaking leap in DeFi infrastructure. The tokenization platform has reached a new all-time high Total Value Locked (TVL) of $1.368 billion, bolstered by a major partnership with Ripple’s XRP Ledger. But while the tech is booming, the question remains: Will ONDO and XRP prices follow suit?
ONDO Teams Up with Ripple – What’s the Big Deal?
Through a collaboration with Ripple, Ondo Finance launched tokenized U.S. Treasuries (OUSG) directly on the XRP Ledger. This move enables 24/7 access and redemption via Ripple’s RLUSD stablecoin. The integration is powered by BlackRock’s BUIDL fund, positioning ONDO as a vital player in the institutional DeFi space.
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This isn’t just a symbolic gesture — it’s operational and capital-driven. The partnership bridges real-world assets with decentralized finance, unlocking around-the-clock liquidity previously unimaginable in traditional markets.
DeFi Growth, But Price Lag?
Despite the impressive infrastructure growth and rising TVL, ONDO’s price has yet to break out in full force. Currently hovering around $0.88, the token eyes a potential move toward the $0.90 to $0.98 range. However, caution persists. If support at $0.867 fails, a pullback to $0.84 or lower could occur.
The MACD indicator shows weakening bullish momentum, hinting at a possible short-term dip unless bulls regain control. Still, the broader uptrend remains intact, offering hope for a renewed rally if current support levels hold.
XRP Reacts Modestly
As for XRP, the market has seen modest gains, with the token consolidating around $2.30. While the ONDO-Ripple partnership hasn’t triggered an immediate price spike, analysts suggest the long-term impact of integrating real-world assets on XRPL could be significant.
Bottom Line
ONDO’s new milestone in TVL, combined with its strategic Ripple integration, showcases the future of DeFi’s intersection with traditional finance. The price reaction may not be instant, but the foundation is clearly being laid for sustained long-term growth. Traders should keep an eye on $0.867 and $1 as key levels for ONDO’s next big move.
