Ondo Finance’s Cross-Chain Leap Fuels ONDO’s Surge Toward $1.50
Ondo Finance just tore down the walled gardens. Its latest cross-chain expansion isn't just a feature update—it's a liquidity superhighway, and the market's voting with its wallet. ONDO price action reflects the momentum, carving a path back toward that key psychological level.
The Multi-Chain Playbook
Forget siloed ecosystems. Ondo's architecture now bypasses single-chain limitations, connecting dots across major networks. This isn't about adding another logo to the website; it's about unlocking trapped value and letting assets flow to their highest utility. Suddenly, the addressable market isn't one chain's user base—it's the sum of all of them.
Liquidity Follows Utility
The rebound narrative hinges on a simple equation: more chains equal more users, more users drive more demand, and more demand supports higher price floors. It's the defi flywheel, spinning faster with each new integration. The move strategically positions ONDO tokens at the nexus of this expanded activity, transforming them from a governance asset into a cross-chain utility key.
Market Mechanics in Motion
Traders aren't just betting on a roadmap promise; they're pricing in the tangible liquidity influx that follows technical expansion. Each new bridge acts as a capital siphon, pulling volume into Ondo's ecosystem. This creates a self-reinforcing cycle where protocol growth fuels token demand, which in turn attracts more developers and users—a classic case of building the runway as the plane takes off.
The road to $1.50 looks less like a hopeful chart drawing and more like a direct consequence of expanded utility. In a sector where 'multi-chain' is often a marketing buzzword, Ondo delivers functional infrastructure. Of course, in crypto, even the most elegant technology sometimes just gives speculators a better story to trade—because nothing moves a chart like a fresh narrative wrapped in technical jargon.
ONDO Holds Channel Support, Hinting at a Rebound
Moreover, the crypto analyst, Jonathan Carter, highlighted that the token is presently testing the lower bound of its descending channel, an area that continues to draw in the buyers. On the three-day charts, the level is holding up well, indicating a weakening selling pressure as the demand gains momentum around the significant levels.
Source: Jonathan Carter
Momentum indicators are turning bullish around this level of support, hinting at early-stage accumulation. Volume expansion WOULD be the primary indication of a possible rebound, indicating that market control is shifting in favor of buyers.
If the support level holds, a gradual recovery may begin for the token. The upside targets include $0.44 and $0.54 in the short term, and further on, there will be $0.68 and $0.86, while the more distant targets are $1.14 and $1.50.
Also Read: Ondo Surges: Can It Hit $2.00 After SEC Clearance?