ONDO Price Analysis – Bulls Eye $1.14 Breakout After 20% Weekly Surge

Ondo Finance's ONDO token has emerged as this week's top performer, surging nearly 20% amid growing excitement around real-world asset (RWA) tokenization. The token currently trades at $1.10, marking a 9.4% daily gain with trading volume spiking 58.85% to $396.6 million.

Technical indicators point to continued bullish momentum as Ondo breaks through key resistance levels. Market analysts anticipate a potential test of July's peak prices, with the $1.14 level emerging as the next critical threshold. The token's market capitalization stands at $3.43 billion, supported by a circulating supply of 3.16 billion tokens.

This rally occurs despite broader market volatility, positioning ONDO among the fastest-moving assets in the crypto space. The token's all-time high of $2.14, reached in December 2024, remains a longer-term target but underscores the project's substantial growth potential.