【You think an over-sold drop is an opportunity to buy the dip? Sorry—you probably haven’t even made it to the door】
Many people see ONDO down 82% from its peak and their first reaction is: “Cheap.”
I’ve seen too many people think like that. A-shares in 2015, copycat coins in 2017, China concept stocks in 2022—every time it’s the exact same script: “It’s already fallen this much. Where else can it go?”
So what happened? There’s still a basement below the floor.
ONDO is at 0.37. In the past 7 days it’s up 6%, and in the last 24 hours it’s up 0.7%. It looks like it’s rising, but if you look closely, the 0.391 resistance level is holding it down, and the 0.359 support level is propping it up—the price just grinds back and forth within this range.
This isn’t a trend. It’s being held back.
But I’m not here to talk technical analysis. What I really want to ask you is this:
RQD just received $74 million, led by Bain Capital, to build tokenization-market infrastructure. Ripple Prime also just entered the U.S. stock derivatives market. On the Fed side, Warsh is scheduled to speak, and traders are all on edge waiting.
So what do these things mean when they land in reality?
It means Wall Street is already building tokenization infrastructure with real money. What RQD is doing—clearing and custody—is the dirtiest, most exhausting work in the whole chain, but it’s also the most critical. Without it, institutions can’t come in.
And tokens in the RWA track, like ONDO, are right at the doorway of this big trend.
Does the business logic hold up?
I think it does. Tokenizing traditional financial assets can significantly improve liquidity and reduce cross-border transaction costs—this is already happening, not just a concept. The issue is that market sentiment is still in a wait-and-see mode, and regulation hasn’t fully rolled out yet, so the price is still grinding at the bottom.
So should you enter now?
I’m not giving buy or sell advice. I’m just telling you one thing: this wave is different from those earlier RWAs that were mostly pure hype—there are truly institutions doing the work. If you only look at how much the price has fallen and rush in, you’ll probably still have to wait. It comes down to whether you believe this trend will genuinely take root.
Are you paying attention to both the U.S. stock market and the crypto market? Do you think this path for RWA can emerge under China’s regulatory environment?
Many people see ONDO down 82% from its peak and their first reaction is: “Cheap.”
I’ve seen too many people think like that. A-shares in 2015, copycat coins in 2017, China concept stocks in 2022—every time it’s the exact same script: “It’s already fallen this much. Where else can it go?”
So what happened? There’s still a basement below the floor.
ONDO is at 0.37. In the past 7 days it’s up 6%, and in the last 24 hours it’s up 0.7%. It looks like it’s rising, but if you look closely, the 0.391 resistance level is holding it down, and the 0.359 support level is propping it up—the price just grinds back and forth within this range.
This isn’t a trend. It’s being held back.
But I’m not here to talk technical analysis. What I really want to ask you is this:
RQD just received $74 million, led by Bain Capital, to build tokenization-market infrastructure. Ripple Prime also just entered the U.S. stock derivatives market. On the Fed side, Warsh is scheduled to speak, and traders are all on edge waiting.
So what do these things mean when they land in reality?
It means Wall Street is already building tokenization infrastructure with real money. What RQD is doing—clearing and custody—is the dirtiest, most exhausting work in the whole chain, but it’s also the most critical. Without it, institutions can’t come in.
And tokens in the RWA track, like ONDO, are right at the doorway of this big trend.
Does the business logic hold up?
I think it does. Tokenizing traditional financial assets can significantly improve liquidity and reduce cross-border transaction costs—this is already happening, not just a concept. The issue is that market sentiment is still in a wait-and-see mode, and regulation hasn’t fully rolled out yet, so the price is still grinding at the bottom.
So should you enter now?
I’m not giving buy or sell advice. I’m just telling you one thing: this wave is different from those earlier RWAs that were mostly pure hype—there are truly institutions doing the work. If you only look at how much the price has fallen and rush in, you’ll probably still have to wait. It comes down to whether you believe this trend will genuinely take root.
Are you paying attention to both the U.S. stock market and the crypto market? Do you think this path for RWA can emerge under China’s regulatory environment?