Ondo Price Surges Ahead of Critical Resistance Channel
Ondo's (ONDO) price has been on the rise as it approaches a critical resistance channel. The asset has seen its price increase to $0.38, with a corresponding surge in trading volume reaching $199.1 million over the past 24 hours.
The Ondo Perps has announced a seven-day competition that will begin on August 24, 2026, with a total prize pool of up to $10,000.
Market participants are closely watching the asset's price action as it attempts to break through the resistance channel. The increasing trading volume and persistent buying pressure suggest that the market is anticipating a significant price movement.