NVDAON fluctuated 177.8% within 24 hours: NVIDIA GTC Conference's trillion-dollar AI chip orders directly drive price volatility

Volatility Overview

In the past 24 hours, NVDAON's price surged from a low of $90 to a high of $250 (data sources indicate a peak around $183.81, with potential further fluctuations), currently quoted at $182.41, representing a price swing of 177.8%. The 24-hour trading volume is approximately $5.78 million, with CEX net inflows of $839,500, DEX net inflows of $263, and total net inflows exceeding $839,000.

Brief Analysis of the Anomaly

- The NVIDIA GTC 2026 conference opened on March 17, where CEO Jensen Huang unveiled the Blackwell and Vera Rubin architectures. AI chip orders (2026-2027) reached $1 trillion, strengthening demand for inference workloads. This directly pushed NVDA stock up 3.8% intraday and closed 1.7% higher at $183.27.

- NVDAON, as Ondo Finance’s tokenized NVDA stock (1:1 collateralized, including dividend reinvestments), tracks the underlying asset’s performance, triggering sharp price fluctuations.

Market Views and Outlook

Market sentiment is positive, with the X community focusing on GTC’s “trillion-dollar orders” and the explosion of AI inference demand, seen as confirmation of market demand. Analysts are optimistic that NVDAON will continue rising alongside NVDA, but caution that slower corporate capex and execution risks may lead to short-term corrections.