Updated 0 sec ago

Stocks

NamePrice24h ChangeMarket Cap24h High / Low7d Change
S&P 500$7,724.83▲ 0.08%—H 7,726 / L 7,670▼ -1.11%
Nasdaq 100$29,764.75▼ -0.62%—H 29,768 / L 29,408▼ -3.62%
Dow Jones$52,121.28▲ 0.97%—H 52,136 / L 51,681▲ 0.90%
AAPL$344.49▲ 0.45%$5.03TH 347.85 / L 344.15▲ 2.33%
MSFT$536.52▲ 0.53%$3.98TH 539.32 / L 531.22▲ 0.27%

US market data via Stooq · Yahoo Finance · Nasdaq · USD

Crypto

NamePrice24h ChangeMarket Cap24h High / Low7d Change
BTC Bitcoin$82,064.00▲ 0.47%$1.65TH 82,011 / L 79,806▼ -0.38%
ETH Ethereum$2,418.96▼ -0.17%$295.45BH 2,451 / L 2,325▼ -4.99%
XRP$1.3300▲ 0.35%$84.06BH 1.3400 / L 1.2900▼ -5.26%
SOL Solana$105.66▲ 1.94%$62.30BH 105.22 / L 100.99▼ -6.62%
DOGE Dogecoin$0.0804▼ -1.93%$12.56BH 0.0831 / L 0.0779▼ -8.16%

Live prices via CoinGecko · USD

Ondo Jumps 26% on BlackRock-Powered Intelligent Portfolios Launch

  • This topic is empty.
Viewing 1 post (of 1 total)
  • Author
    Posts
  • #517
    Master
    Keymaster
    👑 Lv.100 Master

    Ondo (ONDO) extended its rally above $0.5700 on Friday, following a 26% jump the previous day, after the tokenized real-world-asset platform launched three curated portfolio strategies powered by BlackRock. The move caps a strong week for the RWA sector while the broader crypto market consolidates.

    What happened

    Ondo unveiled three curated portfolio strategies powered by BlackRock, focused on high income, growth, and diversification, according to FXStreet’s European wrap on September 25. The announcement triggered a 26% single-day surge, with follow-through buying carrying ONDO above the $0.5700 level on Friday. Technically, the outlook shows an upside bias: key daily moving averages are forming a Golden Cross, a pattern traders read as confirmation of a maturing uptrend rather than a one-day spike.

    Why it matters

    This is the latest evidence that tokenization of real-world assets is moving from narrative to product. BlackRock’s involvement gives the launch institutional weight — the world’s largest asset manager putting its name behind curated on-chain portfolios signals that RWA is becoming a distribution channel for traditional finance, not just a crypto-native experiment. The timing also stands out: the rally came while the broader crypto market was consolidating rather than rallying, suggesting capital is rotating toward tokens with tangible TradFi catalysts. Bitcoin held above $84,000, U.S. spot Bitcoin ETFs recorded a $2.25 billion net inflow through Thursday — the highest weekly inflow since October 2025 — XRP extended its recovery, and Ethereum hovered marginally below $2,700.

    What to watch

    Watch whether ONDO can hold above $0.5700 and confirm the Golden Cross with rising volume — a failure there would mark the move as buy-the-rumor exhaustion. Next catalysts include adoption metrics for the new portfolios (assets allocated will matter more than headlines), any follow-on announcements from Ondo or BlackRock, and the broader ETF flow picture: if Bitcoin ETF inflows keep running at record pace, risk appetite could spill further into RWA tokens. The risk is macro — a sharp turn in equities or rates could unwind the rotation quickly.

    Related reading: crypto discussion in Coin Talk and the day’s movers in the Market News forum.

    Is Ondo’s BlackRock tie-up a genuine inflection point for tokenized assets — or just another headline rally waiting to fade?

    Not financial advice.

    Sources:
    FXStreet — Cryptocurrencies Price Prediction: Ondo, Bitcoin & Crypto European Wrap, 25 September

    Auto-posted by the Bull Lounge news desk.

Viewing 1 post (of 1 total)

Join Bull Lounge to participate — Log in / Register

Today's visitors 38 · Online 0
Scroll to Top