ONDO Cryptocurrency Explodes: Is This A True Breakout or Just a Short-Term Rally?

ONDO cryptocurrency has experienced a significant price surge this week, breaking out of its multi-month resistance and reaching a new all-time high. Analysts attribute this rise to the rapid adoption of tokenized stocks and ETFs from Ondo Global Markets, which recently surpassed $100 million in value locked (TVL) within just one week. This achievement has solidified ONDO’s position as a leader in the tokenization space. However, some questions remain about whether this momentum can sustain itself long term.