ONDO (Ondo) rose 2.02% in the last 24 hours.

Gate News Bot news, on October 20, according to CoinMarketCap, as of the time of writing, ONDO (Ondo) is currently priced at $0.72, with a rise of 2.02% in the last 24 hours, reaching a high of $0.84 and a low of $0.68. The 24-hour volume reached $107 million. The current market capitalization is approximately $2.287 billion, with an increase of $45.3 million compared to yesterday.

Important news about ONDO recently:

1️⃣ ONDO Finance Launches $250 Million New Fund Ondo Finance launched the Ondo Catalyst fund with a scale of $250 million in the third quarter of 2025. This initiative demonstrates Ondo Finance's continued expansion and growing influence in the cryptocurrency investment field, potentially bringing more attention and demand for the ONDO token.

2️⃣ The fundraising environment for cryptocurrency funds has improved In the third quarter of 2025, the total fundraising amount for newly established funds in the cryptocurrency industry increased by 48% compared to the previous quarter, reaching $2.31 billion. This trend reflects a recovery in investor confidence in the crypto market, which is beneficial for the overall industry development and indirectly provides a better funding environment for projects like ONDO.

3️⃣ ONDO market capitalization rise The current market capitalization of ONDO is approximately $2.287 billion, an increase of $45.3 million compared to the previous day. This rise corresponds with a 2.02% price pump within 24 hours, indicating that the market's valuation of the ONDO project is on the rise.

The recent price trends of ONDO and the news of the fund's launch indicate that the project is in an active development stage. However, investors still need to closely monitor the overall market trends and the project's subsequent developments.

This message is not intended as investment advice; investors should be aware of market volatility risks.