Ondo Finance (ONDO) is dominating the real-world asset (RWA) sector in terms of transaction volume, surpassing other RWA tokens despite the current market downturn. The token's transaction volume experienced significant growth starting in late 2024, reaching its peak in January 2025 at over 400 million and currently staying above 300 million. Ondo Finance recently announced an update to its Ondo Global Markets platform, allowing the tokenization of U.S. securities onto the blockchain. The company holds a significant market share within the tokenized U.S. Treasuries market. Ondo Finance's token, ONDO, is popular among larger investors, with whales holding 88% of the token's market. As of now, ONDO's price is $1.22, showing a 4% increase in the past 24 hours.
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