**Ondo Finance Lands Major Mastercard Deal – What’s Next for ONDO Price?**
Ondo has plunged by 10% in the past 24 hours, falling to $0.907 as the cryptocurrency market as a whole loses 8.5% today. This drop puts ONDO at a 26% loss in a week and a 35% decline in a month, although the DeFi token does retain a healthy 110% increase in the past year. And while it has fallen along with the market today, the selloff comes after Ondo Finance signed a deal with Mastercard to join the latter’s Multi-Token Network as a provider of tokenized real-world assets. Combined with the launch of Ondo Chain earlier in February, such news underscores Ondo’s potential to become one of the big growth alts of 2025.
**Ondo Finance Lands Major Mastercard Deal – What’s Next for ONDO Price?**
Announcing the news via X, Ondo Finance revealed that it would be bringing its Short Term US Treasuries Fund (OUSG) to Mastercard’s MTN, making OUSG the first RWA on the payment giant’s network. Market selloffs notwithstanding, this news comes at an exciting time for the cryptocurrency industry, with Donald Trump’s return to the White House seemingly inaugurating a period of mainstream adoption and growth. And Ondo’s deal with Mastercard puts it at the forefront of any potential crypto adoption by mainstream financial institutions. It prepared the ground for such deals earlier in February, when it launched Ondo Chain, which it has designed expressly to underpin tokenized real-world assets.
This is why the overall and long-term picture for ONDO remains very bullish, even though its chart today doesn’t look particularly hot. The key thing to look out for is its 30-day average (orange), which will drop below the 200-day (blue) today, forming a death cross. This usually signals a selloff, so we may have more pain for a few more days yet, if not longer.
But once the 30-day has bottomed, ONDO could be in for a recovery, with its RSI (purple) also suggesting that a recovery may not be that far away. The precise timeline will depend on the wider market, which itself is looking to the stock market and wider global economy. Stocks reacted badly to US President Donald Trump’s affirmation that planned tariffs against Canada and Mexico would indeed go ahead, something which could spark a trade war and worsen inflation. As such, we may not see a sustained recovery from ONDO until this situation settles down, which may not come for several weeks. The Ondo price could, therefore, return to $1.5 in Q2 and to $3 in Q4.
**Newer Alts Show More Resistance to Bear Markets**
The next few weeks may be a lean period for major tokens, yet newer alts could buck the trend to post some market-beating gains. This is particularly the case with some of the bigger presale coins, which in generating lots of momentum do sometimes enjoy big listings. And one presale token with plenty of momentum right now is Solaxy (SOLX), a layer-two network for Solana that has raised $23.8 million in its ongoing ICO. Solaxy is exciting because it’s planning to launch Solana’s first fully fledged layer-two network, with launch currently pencilled in for Q2. It will provide Solana users with lower transaction fees and faster speeds, while also enabling instant bridging between itself and Solana. It will also help users avoid the delays and congestion that can still affect Solana, even after recent upgrades. As its native token, SOLX will be necessary to pay its fees, while holders will also be able to stake the token, making it potentially very profitable to hold. Also encouraging is the fact that Solaxy now boasts over 70,000 followers on its X account, providing a sign of its popularity.
Its presale will end soon, but you can still join it at the official Solaxy website. The current SOLX price is $0.001648, but this will continue rising every few days until the sale ends.