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Altcoins & DeFi

Ondo Stocks Launch on JTX as ONDO Price Eyes Potential Breakout

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Ondo Finance now offers the ability for traders to access the liquidity and research capabilities of the conventional stock market through JTX, allowing traders to trade their tokenized stocks through Solana. This integration provides yet another trading platform for ONDO’s RWA ecosystem with the ONDO price experiencing heavy selling pressure. However, crypto analyst Crypto With Gopal sees a falling wedge formation in ONDO’s four-hour chart, with $0.35-$0.37 being the support level while $0.42 is the level where a breakout may occur. Ondo Stocks can be accessed via JTX, which is the launch of a trading platform specifically designed for tokenized stocks on Solana. In accordance with Ondo Finance, investors can gain access to liquidity in stock markets via their request-for-quote (RFQ) system instead of using liquidity pools.

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