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Divergence03CRYPTO2026-06-04

Ondo surges 9% on doubling volume amid market-wide slide

  • Ondo rose 9.29% on June 2 to close at $0.3856, breaking a multi-day decline and defying a broader market capitulation.
  • Trading volume for the RWA (real-world asset) tokenization protocol doubled to 1.03 billion units, indicating strong buying interest at lower levels.
  • This divergence highlights selective token rotation, with Ondo recovering to within 15% of its 90-day high while other major altcoins hit multi-month bottoms.

Supporting queries

To surface this insight, Baselight ran 2 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.

Conclusion

Ondo (ONDO-USD) closed at $0.3856 on June 2, up from $0.3528 on June 1 (+9.29%), while its volume rose 97.8% from 520.9 million to 1.03 billion units. This is fresh as of June 4, 2026, using the latest completed daily data.

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