ONDO Price Soars by Over 38% as Network Activity Surges

After months of pressure, ONDO's price has climbed from around $0.21 to nearly $0.55, delivering a gain of over 38%. Analyst World Of Charts points out that this is just part of the story, with rising network activity and growing interest in tokenized assets adding fuel to the fire.

The ONDO price recently broke out of a falling wedge pattern near $0.35, confirming a major technical signal. Since then, the price has continued moving higher, trading comfortably above both its Daily SMA and 4-hour SMA.

From a technical standpoint, the next levels to watch are at $0.6126 and $0.6596. If these barriers give way, attention could quickly turn toward the larger resistance zone around $0.7397.