ONDO News: Ondo Token Surges 10% in 24 Hours, Analysts Predict New All-Time High

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Ondo (ONDO) has experienced a significant 10% surge over the past 24 hours, successfully reclaiming crucial levels and attempting to emerge from its downtrend. This upward momentum stands out as most of the crypto market continues to move sideways. Analysts are suggesting that the new crypto-friendly administration could potentially drive the token’s price to reach a new all-time high (ATH). On Friday, Ondo Finance, a tokenized real-world asset (RWA) platform, witnessed its native token taking the lead in the crypto market with an impressive 11% daily surge. The cryptocurrency rose past the $1.50 mark for the second time this week, reigniting investors’ sentiment about the token. Over the past three months, the token has registered a remarkable 120% jump, climbing from the $0.60 mark to its current price range. Furthermore, the post-election rally propelled the cryptocurrency to its latest ATH of $2.14, indicating a bullish trend for the token.