ONDO, RWA King Emerges Victorious! Leading Trader Anticipates $2.35 Price Target.
Ondo (ONDO), a prominent player in the world of real-world asset crypto (RWA), experienced a 13% surge to $1.22 following the approval of Ethereum ETFs by the Securities and Exchange Commission (SEC).
ONDO’s impressive performance has caught the attention of crypto analyst Sjuul, who predicts further upside for the cryptocurrency. Sjuul suggests price targets of $1.35, $1.85, and $2.35 based on Fibonacci levels, providing a clear roadmap for ONDO investors to set profit targets.
The integration of Ondo Finance with BlackRock’s BUIDL fund and the rising Total Value Locked (TVL) indicate continued growth for ONDO’s price. This strategic move has strengthened ONDO’s ties to the crypto giant’s ecosystem, explaining the surge in value following the Ethereum ETF news.
The approval of Ethereum ETFs by the SEC has had a significant impact on ONDO’s value, resulting in a 14% increase to $1.20. The Total Value Locked (TVL) of ONDO has also seen a promising increase to $458.42 million, with projections suggesting it could surpass $1 billion in the coming months. This optimistic outlook is further supported by ONDO’s trading volume reaching a monthly high of $449.50 million, indicating growing investor interest.
With the bright future of RWA crypto, ONDO is leading the charge, and excitement among investors is palpable.