ONDO Bulls Target $1.14 Breakout Following 20% Weekly Surge

ONDO News - Ondo Finance's ONDO token has emerged as this week's top performer, capitalizing on the real-world asset (RWA) tokenization momentum with a impressive 20% surge. Currently trading at $1.10, the token shows strong bullish signals with a 9.4% 24-hour gain and $396.6 million in daily volume—representing a substantial 58.85% increase. Key resistance levels have been shattered, setting the stage for a potential retest of July's all-time highs. Market analysts are closely watching whether this rally can maintain its upward trajectory or face profit-taking pressure. With a $3.4 billion market capitalization, ONDO continues to attract significant institutional interest in the RWA sector, though technical indicators suggest the token may be entering overbought territory.