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New ONDO Addresses Surge 390% In 24 Hours – A Sign Of Growing Interest In Ondo Finance

Ondo Finance (ONDO) has been experiencing heavy selling pressure and heightened volatility, as the broader crypto market continues its downward trend. Since the start of March, ONDO has lost over 40% of its value, reflecting the overall risk-off sentiment in the market. With fear dominating price action, analysts are warning of further declines as investors remain hesitant to re-enter long positions.

Despite the ongoing downtrend, on-chain data from Glassnode reveals a notable shift in network activity. In the past 24 hours, new ONDO addresses surged by 390%.

New ONDO Addresses Surge 390% In 24 Hours – A Sign Of Growing Interest In Ondo Finance

Ondo Finance (ONDO) has been experiencing heavy selling pressure and heightened volatility, as the broader crypto market continues its downward trend. Since the start of March, ONDO has lost over 40% of its value, reflecting the overall risk-off sentiment in the market. With fear dominating price action, analysts are warning of further declines as investors remain hesitant to re-enter long positions.

Despite the ongoing downtrend, on-chain data from Glassnode reveals a notable shift in network activity. In the past 24 hours, new ONDO addresses surged by 390%.

https://www.newsbtc.com/news/new-ondo-addresses-surge-390-in-24-hours-a-sign-of-growing-interest-in-ondo-finance/