| Metric | ONDO | AVAX |
|---|---|---|
| Institutional Score | 68/100 | 67/100 |
| Overall Rank | #6 | #8 |
| Archetype | Bank Infrastructure | Bank Infrastructure |
| Named Institutions | 5 | 5 |
| Spot ETF Status | filed | filed |
| Data Confidence | medium | medium |
Ondo Finance (ONDO) holds a TokenSonar institutional adoption score of 68/100, ranking #6 of 27 tracked cryptocurrencies. Tracked institutional partners include BlackRock (via BUIDL), JPMorgan, Mastercard, State Street, Galaxy Asset Management.
Avalanche (AVAX) holds a TokenSonar institutional adoption score of 67/100, ranking #8. Tracked institutional partners include BlackRock (BUIDL), JPMorgan Onyx, VanEck (ETF filer), Citi, WisdomTree.
Ondo Finance (68/100) and Avalanche (67/100) are closely matched on institutional adoption. Ondo Finance is classified as a Bank Infrastructure play while Avalanche is a Bank Infrastructure play — 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.