Triple-Digit Gains: Ondo Finance (ONDO) Explodes 138% — Should You Invest?
Summary
Ondo Finance's native token saw a 138% weekly gain, reaching $0.94, attributed to whale investors accumulating ONDO and an influx of new retail investors. This surge aligns with a broader trend in DeFi and coincides with BlackRock's tokenized fund announcement. Despite the price increase, the platform's total value locked (TVL) remained stagnant, raising concerns about real-world adoption and sustainability.
