It’s true that the “BlackRock combo on-chain” in the $ONDO hot rankings is real, but the role has been hyped up too much. The official statement says BlackRock provides model strategies, while Ondo decides on the implementation approach and executes the rebalancing. The first three combinations have launched, but the announcement didn’t disclose any ONDO share buyback, dividend, or mandatory use.
In the most recent complete 6 hours, ONDO is down 0.9%, trading volume is down 31% month-over-month, active buying is 49.3%, and the spot market hasn’t taken up the attention.
Trading is currently not considered; only if it gains volume and holds back above $0.55, and the buy-side exceeds 52%, will we re-evaluate whether the product’s adoption can “carry over” to the token.
#ONDO #RWA #BlackRock
In the most recent complete 6 hours, ONDO is down 0.9%, trading volume is down 31% month-over-month, active buying is 49.3%, and the spot market hasn’t taken up the attention.
Trading is currently not considered; only if it gains volume and holds back above $0.55, and the buy-side exceeds 52%, will we re-evaluate whether the product’s adoption can “carry over” to the token.
#ONDO #RWA #BlackRock
