ONDO token now trades on Solana via Raydium and Sunrise
Ondo (ONDO)
Editor:
Eugene Serbin
bsc.news reports that Ondo Finance's $ONDO token is now available for trading on Solana through Raydium, following a similar listing for Quant Network's $QNT token just one day prior. Both assets are listed using Sunrise cross-chain infrastructure, which acts as an asset gateway rather than a traditional bridge or launchpad. Sunrise, incubated by Wormhole Labs, coordinates canonical asset creation and liquidity provision to establish tradable markets for non-Solana assets.
This back-to-back listing establishes Sunrise as a repeatable pipeline for bringing established assets into Solana's DeFi stack. The move represents a cross-chain market-access expansion rather than a migration of either project away from its home network. Assets listed through Sunrise gain immediate distribution across major Solana wallets and exchanges like Phantom, Jupiter, and Orca.
Ondo Finance had previously expanded its tokenized equities business to Solana earlier this year, bringing over 200 tokenized U.S. stocks and ETFs to the blockchain. This new Raydium listing adds a direct spot trading venue for the $ONDO governance token itself. The development extends Ondo Global Markets beyond its initial launch on Ethereum and BNB Chain in late 2025. Sunrise distinguishes itself by combining functions of bridges, market makers, and launchpads to provide broad ecosystem reach from day one.
How the market reacted
Whalio's own Binance spot order flow for ONDO, measured when this story was written up on 3 October 2026. Not the outlet's figures.
Whalio data shows $ONDO trading at $0.4927 with a 1-hour buy ratio of 51.3% and a 4-hour buy ratio of 54.8%, indicating short-term buying pressure is currently dominant. However, the 24-hour buy ratio sits lower at 48.8%, suggesting that the intense buying seen in the last few hours has faded over the full day. Volume delta reflects this shift, showing positive inflows of +$8,296 in the last hour and +$140,094 over four hours, compared to a net outflow of -$822,031 over the past 24 hours. The cumulative volume delta (CVD) for the 24-hour period closed at +$271,251, indicating that despite the recent dip in buy ratio, net buying has outweighed selling over the day. There were 16 hours of net buying out of 24, with a total spot volume of $32,179,247 and 147,006 trades recorded. This activity suggests a day of net accumulation that has recently accelerated into a shorter burst of aggressive buying.
The latest daily buy ratio of 48.1% sits at the 32nd percentile of the last 322 days, against a median of 49.5% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for ONDO, averaged over the days leading up to the story.
Over the preceding week, $ONDO experienced a 7-day average buy ratio of 49.6%, with the latest day showing a slight decrease of 0.8 points relative to that average. Trading volume was recorded at 0.71x the weekly average, indicating that current activity is below the typical baseline for this token. Only two out of seven days in the past week saw net buying, highlighting a generally mixed or cautious trend leading up to this listing. The 8-day price change was -10.3%, with a total volume delta of -$418,066, showing that the recent positive flow is a notable deviation from the week's overall negative trend. This day stands out as an unusual period of net accumulation compared to the predominantly bearish metrics observed over the previous seven days.