Ondo (ONDO) has surged to $0.78, marking a 14% weekly gain after a 12% rally last week. With bullish on-chain metrics—including a record-breaking Total Value Locked (TVL), whale accumulation, and declining exchange supply—the uptrend shows no signs of slowing down.
Key Bullish Indicators for ONDO
1. All-Time High TVL Signals Ecosystem Growth
- TVL: $618.32 million** (as of September 22), up from **$537.13 million in late August (DeFiLlama).
- Implication: Rising TVL reflects increased user engagement and protocol adoption, reinforcing investor confidence.
👉 Why TVL Matters in Crypto Investments
2. Whale Accumulation Points to Long-Term Confidence
Supply Distribution: Wallets holding 100K–100M ONDO grew significantly (Sept 15–22):
- 100K–1M: 79.17M → 80.24M
- 1M–10M: 395.32M → 403.05M
- 10M–100M: 479.60M → 908.05M (Santiment).
- Takeaway: Large holders are hodling, reducing sell pressure.
3. Rising Volume & Declining Exchange Supply
- Daily Volume: Peaked at 496.96M (highest since August 5).
- Exchange Supply: Dropped from 345M → 330M, signaling fewer tokens available for short-term selling.
Cautionary Note: Declining Network Activity
- Daily Active Addresses remain low, suggesting tempered retail interest. Investors should monitor this metric closely.
FAQs About ONDO’s Price Momentum
Q1: What’s driving ONDO’s price surge?
A: Combined effects of TVL growth, whale buying, and reduced exchange liquidity.
Q2: Is whale accumulation always bullish?
A: While it reduces sell pressure, low retail participation (e.g., active addresses) may limit upside.
Q3: How does TVL impact token prices?
A: Higher TVL = more protocol usage, often correlating with token demand.
👉 Understanding On-Chain Metrics
Final Thoughts
ONDO’s technical and on-chain outlook remains bullish, but investors should watch for sustained network activity to confirm long-term viability. Always conduct independent research before trading.
Disclaimer: This content is for informational purposes only and not financial advice.
### SEO & Keyword Integration
- **Primary Keywords**: ONDO price, Ondo TVL, whale accumulation, crypto on-chain metrics.
- **Secondary**: DeFiLlama, Santiment, exchange supply.