Ethereum

Ondo

2024

DeFi

Coin

<ul class="news-points">
 <li><strong>ONDO trading volume surged over 300% in May, signaling high demand.</strong></li>
 <li><strong>ONDO led trading volume, surpassing other cryptocurrencies.</strong></li>
 <li><strong>Ondo Finance expands with USDY stablecoin integrating with Mantle.</strong></li>
</ul>
<p>ONDO’s trading volume surged by over 300% in May, signaling heightened on-chain activity and sustained market interest, according to <a href="https://app.intotheblock.com/coin/ONDO" target="_blank" rel="noopener noreferrer nofollow">data from IntoTheBlock</a>.</p>
<p>ONDO’s transaction volume fluctuated with a generally upward trend, indicating a spike in trading volume and user engagement.</p>
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   <p lang="en" dir="ltr">The on-chain transaction volume of <a href="https://twitter.com/search?q=%24ONDO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ONDO</a> is up over 300% since May, indicating significant on-chain activity. <a href="https://t.co/szxl6lfdkc" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/szxl6lfdkc</a></p>— IntoTheBlock (@intotheblock) <a href="https://twitter.com/intotheblock/status/1801225015863452142?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 13, 2024</a>
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<p>ONDO consistently maintained the highest transaction volume throughout the period, compared to cryptocurrencies like Maker, Pax Gold, Maple, and Goldfinch, which had significantly lower and more stable volumes.</p>
<p>Key observations include ONDO’s high volatility, with sudden spikes and drops suggesting periods of intense trading activity, likely driven by market events or news. For instance, ONDO surged nearly 20% following the approval of Ethereum spot ETFs, pushing it to an all-time high of $1.16. On May…</p>
<p>The post <a href="https://coinedition.com/ondos-trading-volume-surges-300-outpaces-other-defi-tokens/" rel="noopener noreferrer nofollow">ONDO’s Trading Volume Surges 300%, Outpaces Other DeFi Tokens</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

ONDO’s Trading Volume Surges 300%, Outpaces Other DeFi Tokens

Coin Edition

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