Standard Chartered Projects DeFi Assets to Reach $2.7 Trillion
- Asset Growth Forecast: Standard Chartered anticipates that the total value of tokenized assets active in decentralized finance (DeFi) will surge to approximately $2.7 trillion by 2030, representing a 37-fold increase from today's low base, indicating significant market potential.
- Market Share Increase: Currently, only about 3.5% of tokenized assets are utilized in DeFi, with projections suggesting this share will rise to 30% by 2030, highlighting the growing importance of DeFi in asset liquidity and trading.
- Liquidity Challenges: While tokenization may drive market expansion, market participants caution that liquidity fragmentation remains a concern, potentially leading to reduced trading efficiency and impacting investor returns.
- Key Role of Uniswap: Standard Chartered notes that Uniswap could emerge as a central trading platform for tokenized markets, and if it can establish sufficient partnerships with traditional financial institutions, it may enhance its market value and transaction fee multiples.
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Technical Analysis for ONDO
Technical Sentiment Analysis for Ondo (ONDO). As of , Ondo (ONDO) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 1 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ONDO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ONDO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Ondo (ONDO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.263 | 0.295 | 0.328 | 0.36 | 0.394 | 0.426 | 0.459 |
| Fibonacci | 0.295 | 0.32 | 0.335 | 0.36 | 0.385 | 0.401 | 0.426 |
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