Ondo Finance, a real-world asset tokenization platform, has experienced a significant drop in its price, falling over 45% from its high in November 2024. However, there are positive indicators suggesting a potential rebound in the coming weeks. The total value locked in Ondo's ecosystem has surpassed $1 billion, driven by its tokenized assets - Ondo Short-Term US Treasuries Fund (OUSG) and Ondo US Dollar Yield Token (USDY). These assets provide daily yield generation through investments in U.S. Treasury Bills. Ondo's price may also be influenced by investments from World Liberty Financial, owned by Donald Trump, and speculation of inclusion in the U.S. strategic crypto reserves. Despite the overall market decline, there are technical patterns indicating a bullish breakout and potential price target of $2.4610, a 113% increase from the current level.



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