ONDO Price Surges 18% After DTCC Partnership: Can the Rally Continue to $0.5?

ONDO’s price surge is accelerating after a DTCC partnership announcement, with the token jumping 18% and reaching an intraday high of $0.374. The news was tied to Ondo Finance’s launch of tokenized stock representations created through the DTCC Tokenization Service. DTCC, which provides clearing, settlement and custody services in the U.S., is positioned as institutional-grade infrastructure rather than a standalone blockchain product. Trading activity reportedly spiked alongside the move, with ONDO reclaiming the $0.36–$0.37 high-volume zone after breaking above a descending trendline from early June. Analysts say holding above that node could support a push toward the next resistance at $0.45–$0.46, while failure to maintain it could weaken bullish momentum.