币界网报道：The price of ONDO, the native token of Ondo Finance, has plunged by 33% over the past week amid a broader market downturn. The token, which recently launched with significant hype around its real-world asset (RWA) tokenization platform, saw its value drop from $0.28 to $0.19 as bearish sentiment swept through the crypto markets. Analysts attribute the decline to profit-taking by early investors and reduced risk appetite among traders due to macroeconomic uncertainties. Ondo Finance, which focuses on bringing traditional financial assets like bonds and equities onto blockchain networks, had initially attracted strong interest for its innovative approach to RWAs. However, the project now faces challenges as the overall crypto market capitalization shrinks by over 15% this month. Market observers note that while Ondo's technology remains promising, the token's performance reflects the current risk-off environment where investors are exiting speculative positions across altcoins. The platform's total value locked (TVL) has also decreased by approximately 25% during this period, mirroring the price action. Some traders suggest the sell-off may present a buying opportunity for long-term believers in RWA tokenization, though others warn of potential further downside if market conditions continue deteriorating. Ondo's team has maintained their development roadmap despite the price volatility, with several partnership announcements expected in coming weeks that could provide fundamental support for the token.