Ondo (ONDO)

$ONDO is the safe play but is $XDC the smart play ? Everyone is piling into $ONDO because of the $2.6B+ AUM and the BlackRock narrative. It’s the Apple of RWAs. You wont go broke holding it and the yield is real. But if you are looking for the next leg up $XDC is trading at half the market cap with a fraction of the attention. $XDC just hit 100M blocks. SBI Holdings ties are deep. EVM compatibility + Cancun upgrade = ready for prime time. The Bottom Line: $ONDO has the TVL but $XDC has the infrastructure. I agree that ONDO is the cleaner hold for 2026, but ignore the XDC trade finance utility at your own peril. Safety or Upside? Where are you betting ?

In such market times, I too, think that $ONDO is one of the most compelling accumulation asset in crypto. From a fundamentals perspective, the growth trend is clear. - Ondo’s AUM has scaled to roughly $2.5B-$2.9B, putting it among the largest platforms in on-chain RWAs. - In tokenized Treasuries, it holds about $1.1B-$1.17B and roughly 17% market share, second only to BlackRock/Securitize’s BUIDL complex at around $2.9B. - More importantly, Ondo appears to be the clear leader in tokenized stocks, with about $556M+ TVL and roughly 58%-61% market share. - Since the launch of Ondo Global Markets in September 2025, cumulative trading volume has already reached about $7.5B-$8.7B. - @OndoFinance is becoming a broader tokenized capital markets platform. - $USDY is the highest yield bearing stable and ranking #7 in interms of AUM The RWA sector further strengthens the case. - On-chain RWAs grew from about $5B in 2022 to $24B-$25.7B by 2025-2026, implying roughly 380%+ growth in just a few years. - Longer term, the projections are much larger: around $9.4T by 2030 on the conservative end, and $16T-$30T in bull-case forecasts from major institutions. - If even a fraction of that materializes, I think the market will increasingly reward platforms with real distribution, regulatory structure, and product breadth. Next, team quality. - Goldman Sachs-origin team building for regulated capital. - Visible in the product design and distribution footprint - Ondo is live across 9 blockchains, integrated with Mastercard MTN, deployed on @Ripple, and expanding into @solana. To me, these are not vanity partnerships; they are distribution channels. I am bullish on Ondo’s business, market position, and category exposure. I would treat $0.24-$0.26 as the more attractive accumulation zone.

$ONDO that’s the tweet. 👍🏽

According to rwa xyz data, the tokenized asset market reached $27.65 billion as of April 2026, up 4.07% over the past 30 days, making it one of the few sectors seeing net inflows amid a broader crypto slowdown. U.S. Treasuries account for $12.78 billion, nearly half of the total, followed by commodities at $5.4 billion and private credit at $3.19 billion. Tokenized equities are approaching $1 billion, with transfer volume at $2.94 billion. H/T: @BUNT10 https://t.co/ppaE78TUOg

Tokenized stock went from a rounding error to $1B+ in like a year, and $ONDO captured the majority of that expansion 📊 I sat with the full picture, and it's actually way more interesting than that. Dominance at 58%+ market share, ~2.5x bigger than the next player. They did this in ~6 months. @OndoFinance Global Markets launched Sept 2025, now already: – $13B+ cumulative volume – ~$2.18B monthly volume – $170M peak daily – NVDA alone doing $3B+ volume – ~48.6k MAU, higher than competitors despite fewer holders → Ondo's base is actually trading, not just sitting. Because their model works: Ondo uses wrapped tokenization + atomic minting/burning. – when you buy NVDAon, they go buy real NVDA → mint token – when you sell, they burn → sell underlying They inherit #TradFi liquidity directly instead of relying on AMMs. I think of it as the stablecoin model applied to equities. USDC already proved this mechanic works at $100B+ scale. They don't need a heavy balance sheet or messy cap table changes per ticker. So they can support ~265 assets already and still scale easily, especially with their distribution moat. We might even be using Ondo’s product without realizing it. – inside wallets we already use – Binance makes it accessible to hundreds of millions – Morpho lets us post it as collateral – 1inch routes billions through it – Felix put 260+ Ondo assets live on Hyperliquid From my perspective, they’re quietly embedding themselves everywhere liquidity already exists. They also got an edge that institutions actually care about. Franklin Templeton picked Ondo because they have SEC clearance, EU MiCA passporting across 30 markets (~500M potential users), and a working 24/7 regulated trading rail. Ondo is building inbound pipes from TradFi, which is a completely different TAM from most crypto platforms. Global equities ~$150T, tokenized stocks ~$1B. The market is still tiny and gives Ondo massive room to grow. They charge zero fees right now to ruthlessly capture market share. The real bull case is when that flow feeds back into $ONDO once the fee switch turns on later this year. With my assumption, even a 0.05% take rate on ~$2B monthly volume, already ~$12M/year. But volume was basically zero 6 months ago, if this scales to ~$20B/month, that’s ~$120M/year. As total RWA demand continues to grow → Ondo volume scales → revenue scales → $ONDO value accrues. When I look at $ONDO sitting around ~$1.2B mcap with all of this building underneath, it feels like one of those setups I usually only see deep in a bear market. *My own view about Ondo fundamental.

The IMF officially calls tokenization “a structural shift in financial architecture.” The exact institution overseeing 191 member countries and trillions in global capital is systematically signaling that onchain finance is the absolute new global standard. Institutions are going all in.

A major breakthrough for tokenized stocks utility: Tokenized stocks as productive collateral on @OndoPerps. https://t.co/9utrOfRTD2

The Wall Street Journal highlights Ondo Global Markets for redefining global equity trading. Tokenized stocks are officially breaking traditional market hours, allowing investors in Asia to execute U.S. equity trades at 1 AM with instant onchain settlement. Wall Street never sleeps onchain

➥ @OndoFinance I still believe in what you’re building, but $ONDO needs real value alignment. Recently, I posted about ONDO and received quite a bit of feedback around a few points: – $ONDO has no value, no value capture for holders – The DAO has had no active on-chain votes for ~2 years All of this is true, it does feel like the team hasn’t really focused on $ONDO token yet. I still have high conviction in this project, and if they can connect the value of $ONDO to the products they’re building, I think the project can grow strongly and even reach top 10 MC. I hope the ONDO team will do the right thing and recognize the real potential of aligning token value with their products. If there are legal constraints around doing this, they should explain it clearly to the community and provide a transparent roadmap so everyone can understand.