| Metric | AVAX | ONDO |
|---|---|---|
| Institutional Score | 65/100 | 66/100 |
| Overall Rank | #10 | #9 |
| Archetype | Bank Infrastructure | Bank Infrastructure |
| Named Institutions | 10 | 10 |
| Spot ETF Status | filed | filed |
| Data Confidence | medium | medium |
Avalanche (AVAX) holds a TokenSonar institutional adoption score of 65/100, ranking #10 of 27 tracked cryptocurrencies. Tracked institutional partners include BlackRock (BUIDL), JPMorgan Onyx, VanEck (ETF filer), Citigroup, WisdomTree, Franklin Templeton.
Ondo Finance (ONDO) holds a TokenSonar institutional adoption score of 66/100, ranking #9. Tracked institutional partners include BlackRock (via BUIDL), JPMorgan, Mastercard, State Street, Galaxy Asset Management, Franklin Templeton.
Avalanche (65/100) and Ondo Finance (66/100) are closely matched on institutional adoption. Avalanche is classified as a Bank Infrastructure while Ondo Finance is a Bank Infrastructure, so the better fit depends on which institutional thesis you're tracking rather than a clear adoption gap. Scores update twice daily based on regulatory filings, named bank deployments, ETF flows, and on-chain RWA data, not price action.