ONDO traded near $0.345 on September 11, 2026, down 3.9% over 24 hours and 4.9% over seven days, according to the latest market data. Its market capitalization stood at approximately $1.68 billion, with daily trading volume around $106 million.
The main development in the past 24 hours was the expansion of Ondo’s tokenized-stock distribution on Solana through 1inch. Announced on September 10, the integration allows eligible users to swap Ondo’s tokenized stocks and exchange-traded funds through 1inch, including assets linked to companies such as Apple, Tesla and Nvidia. The rollout gives Ondo’s products access to 1inch’s Solana-based trading infrastructure and broadens on-chain distribution beyond direct platform access.
Solana integration expands access to tokenized equities
1inch said the new functionality supports swaps for Ondo tokenized stocks and ETFs on Solana. Ondo’s platform currently offers tokenized exposure to hundreds of publicly traded securities, although the tokens themselves do not represent direct ownership of the underlying shares or provide shareholders’ rights.
Ondo states that its tokenized assets are backed by corresponding securities and cash held with U.S. broker-dealers, with daily verification of the backing. Availability is restricted by jurisdiction, and the products are generally aimed at non-U.S. users.
The integration follows Ondo’s June 25, 2026 launch of 24/7 instant minting and redemption for selected tokenized stocks and ETFs across Ethereum, BNB Chain and Solana. The initial assets included tokenized versions of the S&P 500 ETF, Nasdaq-100 ETF, Circle, Nvidia, Tesla and Alphabet.
Tokenized-stock adoption continues, but trading activity has weakened
Data reported on September 9 showed that tokenized-stock holders had reached approximately 2.96 million across the sector. Ondo led platforms by value with roughly $860 million, ahead of xStocks and Binance’s bStocks. However, monthly trading volume reportedly declined by about 51%, suggesting that the number of holders is growing faster than active trading.
The figures provide a mixed backdrop for Ondo. Rising holdings and broader wallet and exchange integrations point to continued adoption of its real-world-asset products, while weaker turnover may limit short-term transaction-driven momentum.
Market focus remains on ONDO’s token economics
Despite continued expansion of Ondo’s product ecosystem, ONDO itself remains under pressure. The token is trading substantially below the approximately $0.38–$0.40 range discussed in market commentary earlier in September. ONDO has a maximum supply of 10 billion tokens, with roughly 4.87 billion circulating according to recent market data.
Market participants continue to watch questions around future token unlocks and value capture. ONDO is primarily a governance token and does not currently provide holders with direct ownership of Ondo Finance’s operating businesses or an automatic claim on revenues from products such as USDY, OUSG or Ondo Stocks.