ONDO’s Bullish Momentum: Can It Break $2 Amid Regulatory Tailwinds?
ONDO's price surge reflects broader market Optimism fueled by regulatory clarity and institutional interest. The token held near $1 after a landmark week, with technical indicators suggesting potential for further gains.
Regulatory developments proved pivotal. The CFTC's 'Crypto Sprint' initiative, establishing guidelines for spot crypto contracts on regulated exchanges, bolstered confidence across digital assets. This framework reduces uncertainty for institutional participants eyeing the space.
Political tailwinds emerged as expanded crypto access in retirement plans entered mainstream policy discussions. Such macro-level validation compounds ONDO's technical strength, creating conditions where a $2 price target appears increasingly plausible.
