Institutional bets: Why ONDO's breakthrough heralds the big move in 2025

ONDO broke through the bullish pennant pattern and soared 12% on September 10, hitting a high of $1.06 intraday and finally closed at $1.01. The token trades above its 20-day moving average and the MACD indicator crosses positively, indicating future upward potential. Ondo Finance’s TVL has exceeded $1.5 billion, thanks to the rapid popularity of its tokenized U.S. stock and ETF platform, which attracted more than $105 million in funding in a week. Institutional credibility has improved as former Securities and Exchange Commission and Federal Deposit Insurance Corporation (FDIC) official Peter Curley became the head of global affairs. Key resistance is at $1.17 and upward target is between $1.20 and $1.25. If it falls below $0.94, it may test the support level of $0.90.