Ondo Finance's total value locked (TVL) reached a record $1.93 billion on December 15, fueled by its strategic plans to tokenize U.S. stocks and introduce ETFs on the Solana blockchain by early 2026. Despite this milestone, the ONDO token has experienced a decline, trading between $0.36 and $0.39, reflecting bearish technical indicators. Meanwhile, Solana (SOL) maintained support around $122, benefiting from a $35.2 million ETF inflow, marking the highest weekly inflow. On-chain data indicates ongoing accumulation as the market consolidates, suggesting investor interest remains strong despite current price challenges.