ONDO Surges Past $1 Billion in TVL, Signaling Renewed Bullishness

ONDO Finance has experienced a significant surge in Total Value Locked (TVL), climbing past the $1.18 billion mark. This impressive growth is attributed to institutional investments, particularly in USDY and OUSG-backed tokenized assets. The price of the ONDO token has also reflected this positive momentum, rising sharply following a breakout above key support levels. 225% gains have been recorded after the token reclaimed its critical support near $1.20, signaling bullish strength.