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In another big step forward for the quickly expanding Real World Asset sector, Ondo Finance’s native token, $ONDO , now stands on the world’s largest crypto exchange. Confirmed by Binance, the listing set to go live on April 11, 2025, has already sent market participants into a frenzy of excitement. Generally, in the crypto world, listings on prominent exchanges carry a kind of clout that can help raise a project’s profile and even pump up its price. The choice to have Binance list $ONDO comes on the heels of a prosperous round of community voting, which gives a further boost to the token’s burgeoning reputation in decentralized finance and among Wall Street players. Yet, it was not so long ago that Ondo Finance expressed its hope for 2019 to 2022 in a tweet and actually had its initial DAO governance proposal in 2019 rejected. $ONDO Gains Momentum as RWA Market Leader $ONDO is not simply caught up in the latest exchange buzz—it has clearly set itself up as the largest Real World Asset protocol in the DeFi space, with over $1 billion in total value locked (TVL). Ondo seems bent on fulfilling a legitimate, even noble, mission, with the stated goal of helping bridge traditional finance and decentralized systems. Its medium of choice, much to our collective space’s benefit, seems to be offering tokenized versions of safe, reliable real-world financial instruments, like U.S. Treasury bonds, other fixed-income products, and even, by extension, as we’ll see later, the Henley Ultimatum. As the weekend kicks off, the top trending tokens seeing an uptick from their usual discussion levels of social media are: Ethereum $ETH : Discussions have spiked revolving around Ethereum`s performance compared to Bitcoin and other cryptocurrencies. Many users express… pic.twitter.com/IkdSpXET20 — Santiment (@santimentfeed) April 12, 2025 This model has become increasingly appealing in a market looking for yield and stability. While regulators scrutinize both crypto lending platforms and algorithmic stablecoins, projects like Ondo have carved out a niche by providing investors with a compliant and straightforward way to access traditional finance—all on-chain. Listing on Binance is huge. It’s a big deal. Binance (the largest crypto exchange, by the way) is going to offer crypto traders a chance to get their hands on ONDO in a way that’s very, very accessible. They (and nearly everyone they know) are already trading on Binance; in fact, it’s likely that when they chain themselves back to a centerpiece of our digital economy, they will also buy and hold $ONDO. A Trump-Endorsed Token? The story is made even more intriguing by the fact that $ONDO is reportedly part of a crypto portfolio connected to WLFI, a decentralized finance initiative that’s associated with the Trump family. Although the Trump connection hasn’t been fully clarified yet, the association has nevertheless served to amplify the attention being paid to $ONDO by politically minded investors in the crypto space. Some market players see the backing of such high-profile supporters as a sign that Ondo has a good shot at being around for the long haul. Others wonder if this is just another sign of how decentralized finance is getting ever more mixed up with politics. No matter what side of this issue one is on, it’s hard to deny that Ondo’s public profile has grown quite a bit in recent months. Community and Market Response The Binance listing has everyone excited, and it’s easy to understand why. There’s an enormous volume of trading that happens on the exchange, and with $ONDO being listed and therefore made available on Binance, the expectation is that $ONDO’s market cap will easily double or triple within a relatively short period of time as buying and trading activity ramp up. For those of us who hold $ONDO (myself included), all of this is exceptionally bullish. Analysts are providing a technical perspective that combines an increasing total value locked with interest from institutions and macro tailwinds in the real-world asset sector. They see these trending together as good news for the price of Ondo Finance’s token, ONDO. They like that traditional finance is now exploring blockchain solutions for asset tokenization and that Ondo is one of the few players already in that space. They see this resulting in a lead with the potential for sustained competitive advantages. Looking Ahead When $ONDO makes its debut on Binance, everyone will be watching to see how the token does in the first few days after being listed. With its total value locked up amounting to a billion dollars, a growing roster of prominent investors, and a strong use case in one of DeFi’s most viable sectors, Ondo is set up for sustained momentum. It remains to be seen whether the token can keep up its upward momentum and turn hype into lasting value. What is clear, though, is that $ONDO is no longer an under-the-radar thing. Its arrival on Binance is a whole new era, not just for the token but for the RWA thing, which is in the process of redefining how the world interacts with financial assets on-chain. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Dogecoin Slumps 3%, Bitcoin Steady Around $85K as Traders Fear U.S. Recession
Dogecoin shed 3% while bitcoin (BTC) and ether (ETH) remained flat in the past 24 hours as tariff concerns gradually subsided among traders, though fears of a U.S. recession increased in betting markets. “Prominent financial figures have started to warn that the US is heading into an imminent recession, with betting markets placing 40% to 60% odds of one happening in 2025,” Augustine Fan, head of insights at SignalPlus, told CoinDesk in a Telegram message. “Our view is that it probably doesn`t matter, as sentiment often frames reality, not the other way around.” “As such, crypto has benefited from the recent shake-out, as equities have been realizing higher volatility than Bitcoin through the risk-off move. A beggar-thy-neighbour policy with tariffs has pushed spot gold to ATHs, with BTC finally regaining some of its long-lost `store of value` narrative,” Fan added. Crypto majors tracked by the broad-based CoinDesk 20 (CD20) slid nearly 2%, data shows, with DOGE leading losses. Solana’s SOL, tron (TRX) and Cardano’s ADA lost as much as 2.5%, BNB Chain’s BNB and xrp (XRP) were little changed as bitcoin clung to the $85,000 level. Mantra’s OM token showed a 20% rise over the past 24 hours to trade at 63 cents in Asian morning hours Tuesday, following a bizarre sell-off that saw it lose 90% within an hour late Sunday. A recovery plan is in the works, its CEO said in an interview following the plunge, though market watchers remain sceptical of any promises. Elsewhere, Story Protocol’s IP dumped 20%, then jumped more than 30% within hours late Monday, with early fears of an OM-like sell-off among crypto circles. Meanwhile, VeThor’s VTHO zoomed 37% as UFC CEO Dana White joined the protocol as a strategic advisor, boosting hopes for mainstream adoption — and recognition — of the RWA-focused token.- https://x.com/vechainofficial/status/1911817066887197012 Meanwhile, Singapore-based QCP Capital said in a Telegram broadcast that BTC risk reversals remained skewed in favour of puts until June, suggesting that markets are still mildly cautious in the near term. “That said, the tone further out is turning more constructive. On Saturday, we observed aggressive buying of 800x BTC-27MAR26-100k-C. BTC continues to consolidate within the $80k-$90k range and could continue trading sideways, adopting a "wait and see" approach to the tariff situation,” QCP said. However, the $100,000 call option has become the most favored bet among traders in the mid-term, as CoinDesk noted Monday, with a notional open interest of nearly $1.2 billion. Meanwhile, some traders say that sell-offs related to tariffs may be well behind and hope for improved sentiment in the days ahead. “The current upward trend was further bolstered by the Federal Reserve`s assurance that it stands ready to intervene and stabilize markets in the event of a crisis triggered by the tariffs,” Jupiter Zheng, partner of liquid fund and research at HashKey Capital, told CoinDesk. “As the US engages in trade negotiations with other nations, we remain hopeful that the most turbulent period may be behind us,” Zheng ended. NullTx
Ethereum Price Consolidation Hints at Strength—Is a Move Higher Coming?
Ethereum price started a fresh increase above the $1,620 zone. ETH is now consolidating gains and might aim for more gains above $1,680. Ethereum started a decent increase above the $1,600 and $1,620 levels. The price is trading above $1,625 and the 100-hourly Simple Moving Average. There is a new connecting bullish trend line forming with support at $1,625 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,680 resistance zone. Ethereum Price Eyes More Gains Ethereum price formed a base above $1,520 and started a fresh increase, like Bitcoin . ETH gained pace for a move above the $1,580 and $1,600 resistance levels. The bulls even pumped the price above the $1,650 zone. A high was formed at $1,690 and the price recently started a downside correction. There was a move below the $1,640 support zone. The price dipped below the 50% Fib retracement level of the upward move from the $1,562 swing low to the $1,690 high. However, the bulls were active near the $1,620 zone. Ethereum price is now trading above $1,625 and the 100-hourly Simple Moving Average . There is also a new connecting bullish trend line forming with support at $1,625 on the hourly chart of ETH/USD. On the upside, the price seems to be facing hurdles near the $1,660 level. The next key resistance is near the $1,680 level. The first major resistance is near the $1,690 level. A clear move above the $1,690 resistance might send the price toward the $1,750 resistance. An upside break above the $1,750 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $1,800 resistance zone or even $1,880 in the near term. Another Decline In ETH? If Ethereum fails to clear the $1,660 resistance, it could start a downside correction. Initial support on the downside is near the $1,620 level. The first major support sits near the $1,610 zone and the 61.8% Fib retracement level of the upward move from the $1,562 swing low to the $1,690 high. A clear move below the $1,610 support might push the price toward the $1,575 support. Any more losses might send the price toward the $1,550 support level in the near term. The next key support sits at $1,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $1,610 Major Resistance Level – $1,660 NullTx
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