Ondo rose about 70% over the past week and reached $0.48 today, its highest level since December 2025. The move followed DTCC naming Ondo Finance to its tokenization working group on May 4 and a May 6 cross-border pilot redemption of tokenized U.S. Treasuries with Kinexys by JPMorgan, Mastercard, and Ripple. Santiment data also showed whale wallets across three holder bands added about 77.7 million ONDO over the past month.