Ondo

Genius Yield

Genius

Yield

Ondo Finance has reclaimed a $3 billion market capitalization following a strong rally partly fueled by a recent meeting with the U.S. Securities and Exchange Commission. 
According to crypto.news <a href="https://crypto.news/price/ondo/" rel="noopener noreferrer nofollow">price </a><a href="https://crypto.news/price/ondo/" target="_blank" rel="noopener noreferrer nofollow">tracker</a>, the protocol’s market capitalization has reached $3.16 billion, marking the first time it has crossed the $3 billion level since Mar. 8. As of this writing, Ondo (<a href="https://crypto.news/price/ondo/" target="_blank" rel="noopener noreferrer nofollow">ONDO</a>) is trading at about $1.01, up 16% from the previous day. The 24-hour trading volume has surged by 147% to over $600 million, pointing to the rising interest in the project.
The price increase coincided with reports that Ondo Finance’s team met with the SEC to present a plan for tokenizing U.S. financial assets. As <a href="https://crypto.news/sec-meets-with-ondo-finance-to-discuss-tokenizing-us-securities/" target="_blank" rel="noopener noreferrer nofollow">reported</a> by crypto.news on Apr. 24, the firm’s leadership team joined legal representatives from Davis Polk &amp; Wardwell to discuss how traditional financial regulations might apply to tokenized securities.
The meeting also covered important subjects like legal registration, broker-dealer regulations, and market supervision. The team suggested possible sandbox initiatives or regulatory exemptions to encourage innovation while protecting investors. The news appears to have had a positive impact on the market.&nbsp;
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With significant volume, ONDO has now surpassed the $1.00 mark, and the price action is trending above important short- and mid-term moving averages. Rising demand is indicated by the relative strength index, which is currently at 65. Other indicators, such as momentum and moving averages, suggest a short-term uptrend, and the moving average convergence/divergence is in bullish territory.
<figure class="wp-block-image size-large">
 <img loading="lazy" width="1024" height="395" src="https://crypto.news/app/uploads/2025/04/IMG_4975-1024x395.jpeg" alt="Ondo Finance reclaims $3B market cap as SEC opens tokenization talks - 33">
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 ONDO price analysis. Credit: <a href="https://crypto.news/price/ondo/" rel="noopener noreferrer nofollow">crypto.news</a>
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</figure>
But not every indicator is in agreement. A more cautious stance is still reflected in longer-term moving averages, particularly the 200-day trendlines. If momentum holds, ONDO could continue to <a href="https://crypto.news/ondo-price-may-surge-110-as-tvl-hits-key-milestone/" target="_blank" rel="noopener noreferrer nofollow">rise</a> as it is still 53% below its peak of $2.14.
Read more: <a href="https://crypto.news/cardano-advances-in-rwas-as-genius-yield-approves-milestone-for-asset-tokenization/" rel="noopener noreferrer nofollow"> Cardano advances in RWAs as Genius Yield approves milestone for asset tokenization </a>

Ondo Finance reclaims $3B market cap as SEC opens tokenization talks

crypto.news

Other articles published on Apr 25, 2025

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