Ondo

Franklin

Momentum

<p><strong>Key Insights:</strong></p>
<ul>
 <li>Ondo gains strength as the Franklin Templeton partnership pushes tokenized ETFs on-chain, lifting total value locked and expanding institutional access significantly.</li>
 <li>Futures open interest rises sharply while funding rates remain positive, showing increased trader participation despite liquidations affecting leveraged bullish positions recently.</li>
 <li>Technical indicators point to a possible breakout above key resistance, with momentum building as price holds support and approaches critical moving averages.</li>
</ul>
<p>Ondo has extended its rally for a fifth straight day as fresh institutional integration and rising derivatives activity drive renewed interest across the tokenized asset market.</p>
<p>Additionally, the project confirmed a partnership with Franklin Templeton to bring tokenized exchange-traded funds on-chain, widening access and strengthening its value-locked growth.</p>
<p>The move links Ondo to a firm managing about 1.7 trillion dollars in assets, and it introduces round-the-clock trading through blockchain rails.</p>
<p>Consequently, total value locked climbed to 2.92 billion dollars from 2.70 billion earlier in the week, reflecting steady capital inflows into the platform.</p>
<h2 class="wp-block-heading" id="derivatives-activity-signals-participation">Derivatives Activity Signals Participation</h2>
<p>Moreover, market participants responded quickly as futures open interest jumped more than seventeen percent within a day, signaling stronger trader positioning across derivatives markets.</p>
<p>However, liquidation data showed losses of over six hundred thousand dollars, with long positions accounting for the majority as short-term volatility tested bullish conviction.</p>
<p>Besides, funding rates stayed positive, indicating that traders continue to lean toward upside exposure despite recent liquidations and short bursts of selling pressure.</p>
<h2 class="wp-block-heading" id="price-tests-key-resistance-zone">Price Tests Key Resistance Zone</h2>
<p>Technically, Ondo trades near a descending resistance line close to the fifty-day exponential moving average around $0.2767, where a breakout could open higher targets.</p>
<p>A sustained move above this level would expose the early February high near $0.2968 and later the one-hundred-day average at $0.3360 if momentum continues.</p>
<figure class="wp-block-image size-large"><img src="https://cryptonewsland.com/wp-content/uploads/2026/03/image-39-1024x535.png" alt="">
 <figcaption>
  Source: TradingView
 </figcaption>
</figure>
<p>Additionally, momentum indicators support the upward bias as the MACD has crossed above its signal line while the RSI holds above the mid-range with room to rise.</p>
<h2 class="wp-block-heading" id="support-levels-remain-crucial">Support Levels Remain Crucial</h2>
<p>Significantly, price action remains above the February ninth low near $0.2405, which traders view as a key support zone during the current recovery phase.</p>
<p>If the token fails to hold this region, it may revisit $0.2018 from early February, reflecting a broader pullback in the absence of sustained demand.</p>
<p>Moreover, the integration of tokenized funds adds a new layer of institutional exposure to decentralized finance, aligning traditional products with blockchain-based settlement and continuous trading access.</p>
<p>Consequently, analysts note that such structures may expand participation beyond crypto-native users as regulated investment products become easier to access through on-chain systems.</p>
<h2 class="wp-block-heading" id="combined-market-forces-drive-trend">Combined Market Forces Drive Trend</h2>
<p>Additionally, the steady rise in locked value alongside derivatives growth highlights a combined spot and futures demand pattern that continues to shape short-term price direction.</p>
<p>Besides, market data suggests traders are watching resistance closely as increased volume and positioning near key averages often precede decisive moves in either direction.</p>
<p>However, current momentum keeps attention on a potential breakout as buying pressure gradually builds across sessions into the near term.</p>

Ondo Gains Momentum as Franklin Templeton Boosts RWA Push

Table of Contents

Crypto News Land

Other articles published on Mar 29, 2026

Join our free newsletter for daily crypto updates!