Ondo Finance’s ONDO Rises 16% on SEC Tokenized Securities Report

Ondo Finance’s ONDO token climbed about 16% over 24 hours after reports that the U.S. Securities and Exchange Commission is preparing an innovation exemption to permit tokenized securities trading. The token left a roughly three-month accumulation range between $0.25 and $0.30.

The breakout came with a large volume spike that ended the consolidation phase that held ONDO in the $0.25–$0.30 band from early February through early May. Volume has since eased from the initial surge but remains higher than during the accumulation period.

On the daily chart, ONDO bounced near the 0.382 Fibonacci retracement at about $0.33 and pushed toward the 0.5 level at $0.37. The next Fibonacci targets are the 0.618 level near $0.41 and the 0.786 extension near $0.47.

Technical indicators on the daily timeframe show the Relative Strength Index around 61 after rising from the neutral 50 level. On the four-hour chart, ONDO cleared a descending resistance trendline that had capped prices through the second week of May and reclaimed a prior resistance area near $0.33. The four-hour RSI is about 64, and the Bollinger Bands Width Percentile registers an elevated reading, indicating recent volatility expansion following a long period of compression.

Independent analyst MasterCryptoHq flagged a falling-channel breakout on the four-hour chart and identified short-term targets at $0.409 and $0.451. The analyst noted reports about a potential SEC exemption as a factor drawing market focus.

Ondo Finance issues about 260 tokenized U.S. stocks and ETFs across Ethereum, Solana and BNB Chain. Market estimates place Ondo’s share of the tokenized equity issuer market at roughly 70 percent. The reported SEC action would pertain to allowing blockchain-based securities trading on decentralized platforms and would be directly relevant to firms that issue tokenized real-world assets.

Market participants are watching whether buyers can defend the $0.33 area, which is now viewed as a support zone. A sustained hold above that level would leave room for further gains toward the $0.41 and $0.47 levels identified by the Fibonacci structure and analysts. A drop below $0.33 would bring the prior accumulation range back into view.

Traders and analysts said a daily close above $0.41 would provide a clearer signal that buyers intend to test higher levels. Further price action will likely depend on continued volume and whether regulatory developments evolve into formal guidance or rule changes.