Ondo's price potential hinges on RWA market growth and supply dynamics – here's the analysis: • Trading at $0.24–$0.27 (March 2026), down 88% from its $2.14 ATH in December 2024 • Dominates tokenized U.S. Treasury market with ~60% share and $2.5B TVL • Realistic 2030 price ceiling: $3.00–$6.00 per token (12–25x from current) • Major supply headwind: 51.3% of tokens remain locked, unlocking through 2029 • Base case assumes RWA market reaches $10–12T by 2030 with Ondo capturing 3–5% share
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