Ondo Finance (ONDO) Price Has the Potential to Rise Up to 5x, Is it Possible?

Jakarta, Pintu News – After experiencing a decline due to the sell-off in the overall crypto market, the price of ONDO managed to rise from $0.94 to $1.05. Spot volumes increased by 40.65% to $209 million signaling increased market interest. Derivatives data also showed bullish sentiment with Open Interest (OI) reaching $494 million.

Check out the full information in this article!

ONDO Price Recovery After a Short Correction

On ONDO Finance’s daily technical chart, there was a significant rise in July, from $0.66 to $1.13. However, there was a pullback to $0.94 which was in line with the massive selling in the crypto market.

This drop did not last long, as ONDO prices soon bounced back to $1.05. This quick recovery, supported by technical and on-chain metrics, indicates a possible continuation of the price rally.

In the same period, on-chain data from Santiment showed increased whale activity, with 22 whale transactions worth over $1 million recorded on July 27. ONDO’s supply distribution metrics also showed accumulation by large holders, signaling preparations for further price increases.

Read also: Price of 1 Pi Network (PI) in Indonesia Today (07/30/25)

Investor Confidence and Strong Fundamentals

DeFi data from ONDO shows increased investor confidence, with Total Value Locked (TVL) approaching a record high of $1.376 billion. The platform has also recorded steady weekly revenue of around $1 million since the end of June, indicating increasing adoption and use of the protocol.

In addition, the derivatives volume that increased by 38.7% to $685.29 million and the positive “OI-weighted funding rate” indicate the dominance of long positions. These indicators collectively suggest that bulls are preparing for ONDO’s next price increase, especially as technical levels are in line with fundamental growth.

Read also: Which 4 Altcoins Will Follow BNB to Reach New Record Highs?

Technical Analysis and Price Predictions

According to analysis from The Wyckoff Architect, ONDO’s price chart is forming an ascending broadening wedge pattern. The analyst projects a potential price increase of up to 5x to $5 based on long-term chart patterns and momentum.

Meanwhile, Ali Martinez pointed out that if the price of ONDO can break through the current resistance at $1.13, a rapid surge towards $2 is expected in August.

With ONDO prices currently hovering around key support and resistance levels, price predictions for early August look optimistic. This analysis suggests that there is great potential for significant price increases in the near future.

Conclusion

With the combination of increasing volumes, favorable derivatives data, and solid technical analysis, ONDO shows excellent potential for price growth. Investors and analysts alike anticipate significant upside, driven by strong fundamentals and growing interest from whales. These conditions create an ideal environment for ONDO’s future price gains.

That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coinpedia. Is a 5x Rally Possible for Ondo Price from Current Levels? Accessed on July 30, 2025
• Featured Image: Ondo Finance