ONDO Surpasses $1, Analysts Predict Rise to $2 and Beyond
Over the past few days, ONDO’s price has exceeded the $1 mark for the first time since May 2024. This breakout followed a “falling wedge” pattern — a bullish signal in technical analysis. Despite a brief dip to around $0.95 due to sell signals, the price quickly recovered.
But it’s not just the charts showing optimism. ONDO is also gaining media attention for its partnerships and role in the tokenization of real-world assets (RWA). There are rumors that major firms like BlackRock are involved with ONDO, especially as they deepen their tokenization activities. However, the price hasn’t fully responded to this news yet, likely because much of the accumulation is happening off-chain.
Can ONDO Reach $10 by 2025?
Another analyst speculated whether ONDO could hit $10 by the end of 2025. He said this is entirely possible if the bullish crypto market trend continues. Here's why:
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Current stats: ONDO is priced just above $1, with a market cap around $3.3 billion and roughly 3.15 billion tokens in circulation.
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At $10: The market cap would need to rise to about $31.5 billion — a level reached by projects like Avalanche and Polkadot during the 2021 bull run. The analyst noted that ONDO might even surpass these due to its broader utility.
With a supply increase scheduled for January 2026, the total number of ONDO tokens may reach 5.1 billion. If ONDO hits a market cap of $100 billion (which the analyst sees as realistic), the price could soar to new all-time highs.
See also: "Ethereum Rally Pauses, but Indicators Suggest Further Growth"
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