ONDO Network Hits $2 Billion TVL: Could It Push the Price Above $1.50?
ONDO network has just broken the $2 billion mark in the Total Value Locked (TVL), a low-key but important milestone in the crypto space. While speculation is the interesting part of the story, the truth is that hard money is moving into projects that are centered on infrastructure, and this represents a move towards growth.
Source: X
One of the important trends that is beginning to emerge as a result of this transition is the growth of real-world assets (RWA), which are bridging traditional finance with blockchain. The tokenization of real-world assets is creating new avenues of integration, which is bringing relevance to the crypto space.
Also Read: ONDO Retests Key $0.75 Level as Analysts Highlight Clean Accumulation Structure
ONDO Poised for Breakout as Support Holds Strong
However, the crypto analyst, Jonathan Carter, highlighted that the ONDO token is actually testing the upper level of its downward channel, which means that it might be on the verge of a breakout. The token has already finished its consolidation phase, which means that it has been compressing at resistance levels, and this makes it more likely that it will move upwards.
Source: X
As ONDO is approaching critical price points, the traders are targeting the following levels: $0.44, $0.54, $0.68, $0.86, $1.14, and finally $1.50. Due to the rising chances of a breakout, the price of the token may soon witness a dramatic increase, marking the beginning of a bull run.
Technicals Point to Reversal After Oversold Conditions
The ONDO price chart indicates the weekly movements of the token, which is clearly in a downward trend from late 2025 to early 2026. The price moved up and down, dropping considerably as evidenced by the presence of the red bars in the graph above. The Exponential Moving Averages (EMAs) are also declining.
Source: TradingView
The Relative Strength Index (RSI) is currently at about 33.82, which means the asset is approaching oversold levels. The RSI indicator is also approaching the yellow trend line, indicating a movement towards a potential change in trend and a rebound. But since the RSI is below the level of 50, there is a possibility of further downward movement.
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