ONDO Shows Potential for 130% Surge as Market Rebounds

ONDO, the native token of ONDO Finance''s tokenized real-world asset platform, is displaying signs of a potential breakout despite recent market fluctuations. After reaching an all-time high (ATH) of $2.14 in December following a strategic acquisition by World Liberty Financial, the token corrected to the $0.60-$0.70 range during Q1 2025.

The cryptocurrency has since regained key support levels, rebounding from $0.85 in late April to a three-month peak of $1.13 in May. Analysts suggest that maintaining current levels could replicate its 2024 parabolic performance, with a 130% upside target at the $2 psychological barrier.

Market watchers highlight ONDO''s recent resilience, including a one-week high of $0.92 during Wednesday''s trading session. The token''s ability to hold above critical support zones amid broader market recovery indicates accumulating momentum for its next upward move.