coinjournal.net
Key takeaways
- $ONDO is down 10% in the last 24 hours and briefly dropped below the $0.40 support level.
- The coin could retest lower support levels as the price action remains bearish.
$ONDO recovers after dipping below $0.40
$ONDO is one of the worst performers among the top 100 cryptocurrencies by market cap, as it has lost 10% of its value in the last 24 hours. At press time, $ONDO is trading at $0.41, slightly recovering from its dip below $0.40.
The bearish performance comes despite Ondo Finance announcing on Monday that it plans to integrate with Solana ($SOL) in early 2026 to expand its tokenized stocks and Exchange Traded Funds (ETFs) platform.
According to its X post, Ondo will bring ETFs to the Solana network. While this announcement signals a bullish outlook for $ONDO, the coin has underperformed over the last 24 hours.
It’s coming.
The largest platform for tokenized stocks and ETFs is coming to @Solana in early 2026.
Wall Street liquidity meets internet capital markets. pic.twitter.com/CmMFT2UTFu
— Ondo Finance (@OndoFinance) December 15, 2025
The integration is set to enhance scalability, liquidity, and tap into $SOL’s fast-growing user base, broadening Ondo’s ecosystem and adoption.
The bearish performance aligns with $ONDO’s declining open interest on the Binance exchange, which currently stands at $22.32 million, close to its 2025 low. The decreasing open interest suggests that traders are closing their positions, with speculative interest currently declining.
$ONDO could retest $0.34 as bears remain in control
The $ONDO/USD 4-hour chart is bearish and inefficient as Ondo has lost 10% of its value in the last 24 hours.
The coin faced a rejection at the $0.52 resistance level last week and has lost 16% of its value since then. If the downward trend continues, $ONDO could retest the $0.34 support level in the near term.
The October 10 low of $0.24 could serve as another strong support in the coming weeks or months.
$ONDO/USD 4H Chart">
The Relative Strength Index (RSI) on the 4-hour chart is at 32, pointing downward toward oversold conditions, indicating strong bearish momentum. Furthermore, the Moving Average Convergence Divergence (MACD) indicator is showing a bearish crossover, adding confluence to the negative outlook.
However, if the bulls recover, $ONDO could rally towards the $0.52 resistance level once again.