ONDO holds important support, can new momentum from BNB Chain help the price bounce back?

Ondo Finance (ONDO) has increased by 2% in Thursday's trading session, after announcing plans to expand the encryption securities platform Ondo Global Markets to BNB Chain, marking a new step in the project's ecosystem expansion strategy.

Ondo Global Markets officially launched on BNB Chain

According to the latest announcement, Ondo Finance has officially expanded the Ondo Global Markets platform to the BNB Chain, marking a significant step in its strategy to expand into major blockchain ecosystems.

Launched for the first time on Ethereum in September, Ondo Global Markets allows investors outside the United States to access over 100 US stocks and ETFs in the form of on-chain assets, trading 24/7. Since its launch, this platform has recorded a TVL of over 350 million USD and on-chain trading volume exceeding 669 million USD, demonstrating strong appeal to global capital flows.

“Real-world assets (RWA) are one of the fastest-growing sectors on the BNB Chain, and Ondo Finance's entry into our ecosystem is a clear testament to this momentum,” said Sarah Song, Head of Business Development at BNB Chain.

Users of BNB Chain can now trade encrypted securities through PancakeSwap, while ONDO is actively expanding partnerships with wallets, DeFi protocols, and other platforms in the BNB ecosystem to enhance interoperability.

“Expanding to BNB Chain allows us to bring American stocks and ETFs in encryption to millions of users in Asia, Latin America, and many other regions — in a faster, more cost-effective, and highly interoperable environment,” said Nathan Allman, Founder and CEO of Ondo Finance. “This is a significant step in our journey to make the U.S. financial market more accessible through blockchain technology.”

Backed by Peter Thiel's Founders Fund, Ondo Finance is currently managing $1.78 billion in TVL, primarily from encrypted treasury bond products. In 2025, the company made a series of significant expansion moves such as acquiring brokerage firm Oasis Pro, blockchain developer Strangelove, and launching its own Layer 1 network – Ondo Chain in February.

Technical Analysis: ONDO bounces from the support area of $0.72

On the price chart, ONDO has bounced back from the support area of $0.72 on Wednesday, but this recovery momentum is still facing obstacles at the resistance area of $0.82 and the downward trend line formed since September 12.

The token representing real-world assets is still trading below the exponential moving averages (EMA) of 50, 100, and 200 days — a signal indicating that the downtrend is still prevailing. However, if the price can break above these EMA lines, ONDO is likely to re-establish an upward trend and target the important psychological level of $1.

Daily chart of ONDO/USDT | Source: TradingViewThe RSI indicator is still below the neutral zone but is showing a tendency to rise, while the Stochastic Oscillator has crossed above the middle line, indicating that selling pressure is weakening and the downward momentum is showing signs of fading.

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