news gives the narrative another push, and the 20% move shows there鈥檚 still strong interest I just want to see whether that demand can last longer than the headlineBlackRock working with@Ondois bullish news, but I don鈥檛 think this changes the$ONDOstory much$ONDOpumped around 20% after the news, while RWA remains one of the stronger narratives and Ondo already has around $3.9B in tokenized assets The project itself is in a good position It has strong institutional backing, a real product, growing RWA exposure and now another BlackRock-related catalyst The weaker part is still$ONDOPrice performance has been held back for a long time by heavy unlocks and a large amount of supply still waiting to enter the market Ondo also generates real revenue, but token holders still capture very little of it directly There鈥檚 no meaningful buyback program yet, so new demand still has to absorb a lot of future supply That鈥檚 why I wouldn鈥檛 look at Ondo and$ONDOas the exact same bet The protocol can keep growing while the token still struggles with dilution But if RWA keeps attracting capital and Ondo keeps expanding with institutions, demand can eventually catch up with that supply So I鈥檓 not bearish on$ONDOhere The
@BlackRock