ONDO Price Skyrockets 12% as Bullish Pennant Breakout Ignites Rally - Technicals Signal Strong Momentum Ahead

Ondo Finance's native token ONDO just shattered resistance levels with a powerful 12% surge, confirming a textbook bullish pennant breakout that's got traders buzzing.

The Technical Breakout

Pattern recognition software flagged the formation hours before the explosive move. Volume spiked 300% as the token sliced through upper trendline resistance—classic breakout behavior that suggests this isn't just another dead-cat bounce.

Momentum Indicators Flash Green

RSI levels holding steady at 65 avoid overbought territory while MACD lines maintain bullish divergence. The move puts ONDO within striking distance of its previous all-time high, with minimal resistance until the $2.80 zone.

Institutional Money Meets DeFi Innovation

Unlike traditional finance where it takes three days to settle a trade and five lawyers to explain it, Ondo's real-world asset tokenization actually moves at blockchain speed. The breakout coincides with another record: $160 million total value locked across their treasury management products.

Whether this marks the start of a sustained uptrend or just another crypto pump waiting for the inevitable 'take profits' tweets remains to be seen—but for now, charts don't lie.

• Ondo Finance (ONDO) TVL soars past $160M in just two weeks, boosting tokenization momentum.
• Global platforms like MEXC and OKX Wallet expand support, driving broader adoption of ONDO assets.
• Technical signals show ONDO holding strong mid-level support while testing the channel’s top.

Ondo Finance is gaining strong traction in the crypto space amid rising enthusiasm for tokenized assets. Analysts have highlighted its rapid ecosystem growth and technological infrastructure, which could trigger a significant breakout. The project is gaining support from global platforms and is emerging as a leader in tokenized finance.

At the time of writing, ONDO is trading at $1.0918, with a 24-hour trading volume of $518.15 million and a market cap of $1.52 billion. The token has shown slight growth of 0.46% in the past day, but analysts believe the bigger story lies in its expanding ecosystem.

Ondo Finance Expands Reach in Global Tokenization

Prominent crypto analyst Ted noted that Ondo Finance “just keeps on getting bigger,” following the global markets for the platform breaching $160 million in Total Value Locked (TVL) within the span of two weeks. With such swift development, Ondo solidified its position as the largest tokenized stock and ETF platform, indicating growing interest in real-world tokenization of assets.

Ondo Finance just keeps on getting bigger.

In just 2 weeks, @OndoFinance global markets has surpassed $160,000,000 in TVL.

It's now the largest platform for tokenized stocks and ETFs.

And that's not all.

These assets are now supported across platforms like MEXC and OKX… pic.twitter.com/EF8MeN2g24

Complementing the growing reach, the assets in question are now also widely supported across platforms like MEXC and OKX Wallet, providing expanded access to a global user base.

ONDO Bulls Test Channel Top for Breakout Move

Meanwhile, technical analyst Alfa Crypto Signal indicated that ONDO held mid-level support and bounced sharply toward the top of the trading channel. According to him, this signals that buyers are very active in the mid-range and confirms the level as a solid demand area.

Right now, the top of ONDO’s channel is being tested, and this is a very significant area to monitor. According to analysts, a clear break and daily close outside this range could confirm a strong bullish structure and create the potential for new highs.

As long as ONDO’s price remains above the middle-level support line, the outlook is positive, and a continuation is possible if the channel resistance is finally broken.