Ondo dominates the rise of cryptocurrencies thanks to its tokenized BlackRock wallets

The rise is concentrated in a few names. While large caps are moving without a clear direction, Ondo, Quant, Litecoin, Ethena and Algorand are recording double-digit gains. This dispersion confirms a rotation towards certain sectors, but not yet a generalized altseason.

Ondo dominates the session thanks to the launch of three tokenized portfolios built from strategies developed by BlackRock. The move benefits the tokenized real assets sector, while interoperability and artificial intelligence also attract capital.

Ondo gains 25% after launching its BlackRock wallets

The ONDO token is moving around $0.53 after an increase of between 24 and 29% depending on the platform. The movement comes after the presentation of Ondo Intelligent Portfolios, three wallets accessible via a single token.

BlackRock developed the allocation strategies, while Ondo chooses the assets necessary for their implementation, issues the tokens and ensures their rebalancing. The distinction matters: BlackRock does not directly manage the products and does not issue any assets on the blockchain.

The first range includes BLKHIon, oriented towards bond income, as well as BLKDIGon and BLKGRWon, two more or less offensive growth portfolios. These can combine stocks, bonds and exposure to Bitcoin ETFs.

Each token represents an allocation composed of stocks and ETFs tokenized by Ondo. The composition, weightings and rebalancing operations remain viewable on the blockchain. The investor thus holds a single asset instead of managing each line of the portfolio separately.

The products are currently reserved for eligible investors located outside the United States. They remain permanently transferable and can be used as collateral in certain decentralized finance (DeFI) applications, even when traditional stock markets are closed.

This announcement provides an identifiable catalyst for the rise of ONDO. It also extends the strategy of the platform, which already offers tokenized Treasury bills, stocks and ETFs. The project thus moves from the distribution of individual assets to the construction of complete portfolios.

As for, Litecoin and Ethena progress without triggering an altseason

The increase goes beyond the sector of tokenized real assets alone. Quant gains around 28% and approaches $90 to $100, without a specific announcement to fully explain the movement. The token, however, benefits from the return of interest in infrastructures capable of connecting several networks.

Litecoin is up around 15%, while Ethena is up over 11% and Algorand is up almost 10%. Certain tokens linked to artificial intelligence and several mid-caps are also recording marked increases.

However, large caps do not confirm a general rotation. Ethereum remains close to equilibrium over twenty-four hours. Solana and XRP advance slightly, while BNB and Dogecoin show limited movements. The gains are therefore concentrated on a few projects with a catalyst or a sought-after narrative.

Bitcoin’s dominance remains around 58 to 59%. Furthermore, the various altseason indices are still evolving below the threshold of 75 generally used to speak of a broad domination of altcoins. Since Bitcoin’s October 2025 peak, only a minority of the top fifty cryptocurrencies have done better than BTC.