Table content
# Ondo Valuation Prepared for 110% Increase as TVL Achieves Substantial Landmark
Ondo Finance, a vital entity in the tokenization of tangible resources, has been steering through a declining marketplace, declining by over 45% from its apex in November 2024.
Nevertheless, after reaching a trough, Ondo (ONDO) has rebounded, attaining $1.60. Robust technical and essential indications imply a prospective upswing in the upcoming weeks.
The aggregate value secured (TVL) within the Ondo environment has exceeded $1 billion for the initial occasion, a considerable surge from $541 million at the commencement of the year. This expansion is propelled by its pair of tokenized resources: the Ondo Short-Term U.S. Government Bond Fund (OUSG) and the Ondo U.S. Dollar Yield Token (USDY). USDY possesses over $589 million in resources, whereas OUSG possesses $419 million.
USDY proposes an annual percentage yield (APY) of 4.35%, and OUSG yields 4.03%, both furnishing daily reimbursements via investments in U.S. Treasury bills.
Further stimulating interest, Donald Trump’s World Free Financial Investment (WLFI) possesses over $400,000 worth of ONDO tokens. Considering Ondo’s considerable donations to Trump’s inaugural committee, conjecture is circulating that the undertaking could be incorporated into a U.S. strategic cryptocurrency reserve.
## Ondo Anticipated Binance Coin (BNB) Valuation for March 26th Assessment
The daily graph unveils that Ondo Finance has been in a firm downward trend, mirroring wider marketplace diminishments.
On a favorable note, the token has constituted a declining wedge configuration, distinguished by a pair of descending and converging trendlines. A bullish breakout generally transpires as these lines draw near their convergence juncture.
Furthermore, Ondo’s valuation has constituted a cup and handle configuration, another favored continuation indication, with an upside objective of $1.
Drawing on Fibonacci retracement benchmarks, the 0.618 threshold is situated at $4825. Upon the depth hitting 65%, computed from the handle’s apex, Ondo’s projected objective valuation is $2.4610, suggesting a 113% ascent from the present valuation.