ONDO trades near $0.52 as techbullion highlights utility altcoins
Ondo (ONDO)
Editor:
Eugene Serbin
Techbullion reports that utility-focused tokens are regaining prominence in the altcoin market, with Ondo, Chainlink, Aave, and Remittix leading the search. Ondo has introduced Intelligent Portfolios, packaging BlackRock-developed strategies into transferable onchain tokens for eligible investors outside the United States. The token traded near $0.53 on September 28, with a move above $0.60 potentially restoring momentum toward $0.65.
Chainlink continues to supply infrastructure for cross-network data interaction, while LINK approached $14.53 after breaking the $14 level. Aave V4 markets recently surpassed $1 billion in deposits, with AAVE changing hands near $150. Remittix is also highlighted for its PayFi service, which allows crypto-funded transfers to be delivered as fiat through compatible bank accounts in over 30 currencies.
The project aims to combine payments, asset storage, perpetual trading, and earning products into a single wallet experience. Remittix has raised over $32 million from more than 40,000 participants toward a $36 million cap, with a final presale tier set at $0.46. The RTX token is scheduled for debut on November 24, accompanied by a seven-day BINANCE500 promotion offering 500% extra RTX on qualifying purchases.
How the market reacted
Whalio's own Binance spot order flow for ONDO, measured when this story was written up on 29 September 2026. Not the outlet's figures.
Whalio spot data shows ONDO trading at $0.5199 with a 24-hour buy ratio of 53.2%, indicating a slight majority of buyers over sellers. However, the 1-hour buy ratio stands at 58.2%, suggesting immediate buying pressure is stronger than the broader daily trend. The 4-hour buy ratio has dipped to 46.5%, signaling that buying interest is fading over the medium term. Volume delta data reveals a net inflow of $5,150,190 over 24 hours, contrasting with a net outflow of $643,603 in the last 4 hours. This divergence suggests that while cumulative buying remains positive, recent momentum is weakening. CVD closed at +$4,503,963, confirming that net buying pressure has been dominant over the full day.
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 13.5% price increase with spot volume reaching 1.69 times the average. The 7-day average buy ratio was 48.9%, meaning today’s 53.2% ratio represents a +4.3 point improvement in buyer dominance. Despite this shift, only one of the past seven days recorded net buying, making today an unusual day for accumulation. The 24-hour volume delta of +$5,150,190 contrasts sharply with the 8-day total delta of -$811,358, highlighting a recent reversal in flow direction. This suggests that while the coin has seen significant volume and price gains recently, sustained net buying remains sporadic.