Shares in the tokenized real-world assets segment surged as Quant, Ondo and Chainlink posted sharp gains. Quant jumped more than 40% over the last 24 hours, Ondo rose about 32% and Chainlink advanced roughly 12%, according to price moves cited in the report, with investors focusing on bank tokenization pilots and the regulatory and infrastructure backdrop for on-chain finance.
Key takeaways
- Price move: Quant rose more than 40% in 24 hours, while Ondo gained about 32% and Chainlink added roughly 12%.
- Catalyst: The rally was tied to UK banks executing tokenized deposits using Quant’s technology, alongside increased attention to tokenization and market demand for tokenized assets.
- Technical signals: Several charts show renewed uptrends, including golden-cross setups, though overbought conditions raise pullback risk.
- Implication: If momentum holds, investors may rotate toward projects positioned for real-world tokenization; if it cools, support levels could be retested.
What drove the move
Quant’s surge was linked to real-world deployment progress. The report points to UK banks including Lloyds, Barclays, Monzo and HSBC UK completing the first tokenized deposits under the Great British Tokenized Deposit (GBTD) initiative. The transaction was described as being powered by Quant’s technology, reinforcing the theme that on-chain infrastructure is moving from pilots to live financial workflows.
On the broader tokenization trade, the report also attributes momentum in the sector to continued investor demand for tokenized assets, and to the regulatory atmosphere for tokenization products. For Ondo, it specifically cites the US Securities and Exchange Commission’s “innovation exemption,” which it says accelerated activity related to tokenized trading. It also highlights Ondo’s partnership with BlackRock as an additional driver of attention.
For Chainlink, the report frames the rally around its role as an oracle network that can support verification and data feeds for tokenized assets, with the move described as part of a wider increase in interest for on-chain financial instruments this month.
Market reaction and technical setup
Quant’s rebound has been characterized as a strong technical recovery. The report states Quant traded from a low of $55.48 in August to a reported high of $104.3 today. It also says the token moved above a key resistance level of $84.71, described as its highest point on May 16, and that the chart is approaching a “golden cross” pattern, which typically relates to convergence between the 50-day and 200-day moving averages.
However, the report flags near-term risk: it says the Relative Strength Index reached 80, an overbought reading. In that context, it notes the possibility of a pullback and a retest of the $84.7 support area, which would align with a break-and-retest pattern often cited as a continuation setup in technical analysis.
Chainlink’s technical picture is similarly presented as constructive. The report notes a bounce from a low of $7.15 and says the token has already formed a golden cross configuration. It also highlights a retest of a crucial support level at $10.26, identified as its highest level on May 10 this year. From there, the report outlines an upside pathway, pointing to resistance around $15 and saying a break above that level could lift expectations toward $20.
Ondo’s move is described as both news- and momentum-driven. The report says Ondo crossed a key resistance level of $0.4843—its highest level on May 9 this year—framing that as confirmation of a bullish bias. It further states the Average Directional Index has been rising, which it interprets as ongoing trend momentum. At the same time, it warns that the token has also moved into overbought territory, increasing the odds of a short-term cooling-off period.
What investors are likely watching next
With multiple assets showing “golden cross” conditions but also elevated overbought signals, the near-term focus for traders is likely to be whether gains can extend without a meaningful retracement. For Quant, the report’s highlighted line in the sand is the $84.7 support area. For Chainlink, attention is geared toward whether the $15 resistance zone holds or gives way. For Ondo, investors will likely track follow-through after the breakout above $0.4843, while monitoring for pullbacks tied to overbought momentum readings.
Beyond chart levels, the next catalyst implied by the report’s themes is continued real-world integration of tokenization—particularly bank-related use cases—and further developments in the regulatory posture toward tokenized trading. Any additional announcements that expand the number of institutions participating in tokenized deposit or settlement initiatives would likely reinforce the market’s current valuation narrative.
Over the coming sessions, investors may also watch for whether the overbought conditions persist across the group or whether prices revert toward the cited support levels. The balance between trend-following momentum and short-term mean reversion could determine whether this rally evolves into a sustained move or turns into a volatility-driven retest.
