Ondo Finance has recently become the focus of the market. In mid-December, a piece of news caused a stir - this RWA project announced that it will launch U.S. stock tokens and ETF products on Solana in early next year, directly crossing from the Ethereum and BNB ecosystems to Solana. This strategic shift is indeed a big move. As a result, the Total Value Locked soared to $1.93 billion, setting a new historical high.

Strangely, despite the explosive fundamentals, the token price hasn't really followed suit. $ONDO is fluctuating between $0.36 and $0.39, and the technicals also seem a bit weak, with many people adopting a wait-and-see attitude.

On the contrary, Solana is taking more aggressive actions. SOL has firmly maintained the support line of $122, and the key is that ETF funds are secretly making moves—resulting in a weekly net inflow of $35.2 million, setting a new weekly record. What does this mean? Large institutions are quietly accumulating positions during the consolidation period, preparing for the potential market movements in the next phase. Will Ondo's cross-chain move on Solana become a trigger point? We shall see.