The U.S. regulator has finally concluded its two-year investigation into Ondo Finance.

Remember the XRP incident before? After being targeted, the price of the currency fell in a mess and lasted for two whole years. As a result, as soon as the investigation was over, there was a triple reversal. This time it's ONDO's turn, and the situation is a bit like that - compliance pressure has kept it from letting go of the US market.

Now that the pressure has been lifted, the price of ONDO has actually fallen too much. The track of on-chain tokenized assets is there, and the long-term logic has not changed. In the short term, there should be room for a technical rebound. Of course, whether XRP's explosion can be replicated depends on the overall market sentiment, but at least the boots of regulation have landed.