Ondo Finance Dominates US RWA Market, Captures Nearly Half of All Interest, Data Shows

In 2024, Ondo Finance emerged as the leading Real World Assets (RWA) protocol among US crypto investors, according to data from CoinGecko.

Crypto investors in the United States are showing massive interest in Real World Assets (RWA) protocols, with Ondo Finance emerging as the clear leader in this sector.

According to data from CoinGecko, Ondo Finance captured nearly half of all RWA interest in the US throughout 2024. This highlights the significant influence that the protocol has managed to attain within a short period, especially considering the narrative around RWAs only recently gained steam in 2024.

The interest from US investors in RWAs is also noteworthy, with the country accounting for 14.8% of the global interest in this narrative. This showcases the importance of the US market for various crypto narratives.

Investors’ interest in Ondo Finance is further highlighted by the protocol’s Total Value Locked (TVL), which recently hit an all-time high. This indicates strong adoption of Ondo’s offerings by investors, despite the price of the native token, $ONDO, lagging behind.

Currently, $ONDO is trading at a price that is 57% lower than its all-time high, even as the protocol’s TVL has grown massively. The token has broken through key price levels and is now retesting an important trend, which could indicate that a price rebound may be coming soon.

Investors are optimistic that the strong fundamentals of $ONDO will eventually drive its price higher, as TVL growth is often a leading indicator of future price movements. As Ondo Finance continues to dominate the RWA sector, the market could see renewed interest in the token, which may lead to a recovery in its price.

With its strong foundation and increasing user adoption, Ondo Finance is well-positioned to maintain its RWA narrative dominance, and the price of $ONDO could soon follow the upward trajectory of its TVL.

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