RWA tokenization protocol Ondo (ONDO) rallies after a Binance listing

Ondo (ONDO) rallied to over $0.82 after gaining a new Binance listing. ONDO became one of the new tokens to be added to the exchange after the most recent round of Vote to List. 

Ondo (ONDO) became one of the latest assets to be added to Binance, after the latest round of Vote to List. Binance also added Big Time (BIGTIME) and Virtuals Protocol (VIRTUAL) in the second round of the community proposal program. The tokens have already been promoted through Binance Alpha, so users can transfer their tokens to the spot market. 

Binance already opened deposits for the tokens and will launch a total of six trading pairs, ONDO/USDT, ONDO/USDC, BIGTIME/USDT, BIGTIME/USDC, VIRTUAL/USDT, VIRTUAL/USDC. Withdrawals will be open from April 12. 

The current batch of tokens taps a wider selection of chains, while the first round only selected native assets from BNB Smart Chain. ONDO and BIGTIME still use Ethereum, while VIRTUAL will be listed with two smart contracts, on Ethereum and Base. This voting round selected relatively established tokens, in contrast with the first round that focused on recently launched memes. 

The tokens from the Vote to List program are more established compared to other Binance listings. They are only launched after one last round of due diligence, and offer well-established liquidity on other markets, as well as bigger communities. The latest voting round received a total of 523,111 votes from 424,749 participants, as Binance aimed for organic engagement and a minimal amount of automated votes. 

ONDO rallies to one-week high

Following the listing announcement, ONDO rallied to a one-week high of $0.88, touching the higher range for the past month. The token recently bounced from its lower range for the past 12 months. 

ONDO has gained continued attention as one of the hottest representatives of the RWA tokenization narrative. ONDO is ranked third in the RWA tokenization sector, following Chainlink (LINK) and Mantra (OM). 

In the past, ONDO has been a part of the portfolio of the Trump family fund, World Liberty Financial. The project has also partnered with mainstream investment companies to offer tokenization tools for real-world assets. The launch of a new native chain by the protocol is expected to boost RWA tokenization. 

ONDO is seen as one of the undervalued tokens, based on a TVL of nearly $1B and a market capitalization of around $2.78B. Ondo also offers a tokenized US government bond, locking in $325M in value. The project’s applications and future plans make it stand out among meme tokens and altcoins with no clear utility. 

BIGTIME boosts attention for on-chain games

The BIGTIME listing draws attention to renewed attempts to popularize on-chain games. Big Time is a free-to-play RPG with on-chain options. The successful vote reflected the game’s strong community, as Big Time made calls for active voting through social media. 

After the news of the listing, the BIGTIME token rallied to a one-month high of $0.08. This is the second rally for BIGTIME, as the token outperformed after being selected for Vote to List. 

Big Time also drew attention after launching this week’s special Easter edition with a new leaderboard. 

The effect of Binance was the weakest for VIRTUAL. AI agent tokens were one of the weakest narratives in the first quarter of 2025. VIRTUAL only rallied to $0.52, still trading near the lower range for the past month. The token still awaits a relief rally to erase the last three months of losses. VIRTUAL has been sliding since a January peak at $4.61, during the peak season for AI agents. An addition to Binance is yet to show its final effect, as some of the hottest listed tokens end up losing value due to selling pressures.

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