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ONDO Price Climbs 10% — Is a Six-Month Peak on the Horizon?

12 September 2025 09:30 UTC
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  • ONDO price rallies 10% in 24 hours, extending a 20% weekly gain as bullish sentiment and strong demand fuel market momentum.
  • Weighted sentiment stands at 0.554, reflecting buy-side dominance as traders grow more optimistic on ONDO’s short-term prospects.
  • Futures open interest surges 43% in seven days to $586 million, signaling fresh capital backing ONDO’s potential breakout toward $1.23.
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ONDO DAO’s native token, ONDO, has emerged as today’s top gainer, climbing nearly 10% in the past 24 hours. 

The move extends an already strong weekly rally, with the token gaining over 20% in the past seven days as rising demand continues to fuel bullish momentum across markets.

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ONDO Rally Gains Strength: Positive Sentiment Fuels Leveraged Bets

The surge in price comes as market sentiment tilts increasingly positive. Santiment data shows that weighted sentiment around ONDO is firmly in buy-side territory, reflecting growing optimism among traders and investors. As of this writing, the metric stands at 0.554.

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ONDO Weighted Sentiment.
ONDO Weighted Sentiment. Source: Santiment

The weighted sentiment metric analyzes social media and online platforms to gauge the overall tone (positive or negative) surrounding a cryptocurrency. It considers the volume of mentions and the ratio of positive to negative comments. 

When an asset’s weighted sentiment is positive like this, there are more positive comments and discussions about the cryptocurrency than negative ones, suggesting a favorable public perception. 

The more the bullish bias toward ONDO grows, the more retail traders are inspired to take new trading positions, which can drive up the token’s value in the near term.

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In addition, the growing bullish sentiment on-chain aligns with the broader upswing in futures activity, with ONDO’s open interest now sitting at a nine-month high. At $586 million as of this writing, it has climbed 43% over the past seven days. 

ONDO Futures Open Interest
ONDO Futures Open Interest. Source: Coinglass

Rising open interest during an uptrend typically signals fresh capital entering the market rather than just existing positions rotating funds. 

For ONDO, this means that its futures traders are increasingly willing to back the token’s upside with leveraged bets, a trend that can push price gains if momentum continues.

Can Demand Push It to a Six-Month High?

On the daily chart, ONDO currently hovers above the support floor formed at $1.01. If demand grows and this price level strengthens, it could propel ONDO to a six-month high of $1.23.

A successful breach of this long-term resistance could open the door for a rally toward $1.40.

ONDO Price Analysis.
ONDO Price Analysis. Source: TradingView

On the other hand, if buying falls and profit-taking resumes, ONDO could break below $1.01, leading to a deeper decline to $0.85. 

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.