Ondo Price Surge Targets 85% Gain, While Solana's Bullish Momentum Builds, Cold Wallet Named Top Crypto to Buy

The crypto market is setting the stage for major movements as bullish catalysts line up for key players.

Ondo Finance (ONDO) is heating up with a potential 85% price surge on the horizon. The crypto is known for its role in facilitating the tokenization of real-world assets (RWAs), and recent developments could propel ONDO to new highs.

Solana (SOL) is another crypto to watch as it shows strong momentum. A recent $500 million strategic investment into the Solana ecosystem could be a "MicroStrategy moment" for the crypto, setting it up for a potential run to higher levels.

In the realm of early-stage crypto presales, Cold Wallet is quickly becoming a top pick. The crypto is preparing for its public launch, presenting an opportunity for massive asymmetric upside.

Ondo Price Targets 85% Gain As It Reaches Key Milestone

Ondo Finance (ONDO) has been making headlines in the crypto sphere. The price of ONDO, the native token of Ondo Finance, breached the $1 mark.

This surge in price follows a pivotal development that could significantly impact the future trajectory of Ondo. It was recently revealed that Ondo CEO Nathan Allman engaged in a high-level meeting with SEC officials. The agenda focused on discussing regulatory frameworks for tokenized real-world assets (RWAs).

This face-to-face discussion with regulators is a testament to Ondo’s increasing legitimacy. It is also a crucial step toward securing long-term compliance for RWA tokenization, a sector that is rapidly gaining attention.

The positive sentiment surrounding Ondo Finance is palpable, and investors are quickly recognizing the potential of ONDO to become a key infrastructure player. As traditional finance institutions increasingly seek avenues to participate in decentralized finance, Ondo is uniquely positioned to facilitate this convergence.

Technical analysis aligns with the bullish outlook. A glance at the chart reveals that ONDO has successfully flipped prior resistance into new support at the $0.95 to $1.00 zone.

The crypto is now forming a higher low, which is a bullish technical pattern. Moreover, daily trading volume has surged significantly, indicating that buyers are entering the market with strong conviction.

Should Ondo continue to secure high-profile partnerships and regulatory endorsements, the path toward higher valuations for ONDO could accelerate rapidly. In the coming months, technical analysts predict that if ONDO manages to sustain momentum above the $1 mark and confirms its breakout pattern, it could target an additional 85% rally.

This would bring ONDO to the $1.85 to $2.00 zone by late 2025, as the bulk of the breakout move is already complete.

Solana’s Bullish Momentum Builds After $500M Strategic Investment

While Ondo is making waves in the RWA sector, Solana (SOL) is another crypto showing strong momentum.

According to recent reports by crypto analysts, Solana’s latest rally has been fueled by a massive $500 million investment from a prominent venture firm, making it one of the largest capital commitments in the blockchain industry this year.

This strategic investment has breathed new life into the Solana ecosystem, sparking what some analysts are calling Solana’s “MicroStrategy moment.”

This reference alludes to the impact that MicroStrategy’s sustained Bitcoin accumulation had during previous bull cycles, which contributed to BTC’s resilience and price gains despite broader market trends.

However, instead of a single company, this "MicroStrategy moment" for Solana is unfolding through a venture firm’s broad investment strategy into multiple Solana-backed projects.

This large-scale capital injection is significant for Solana, especially as it emerges from a period of bearish pressure.

Earlier this year, Solana came under scrutiny due to several downtime incidents, and its DeFi protocols faced liquidity issues. These events contributed to a substantial 90% price decline from Solana’s all-time high in late 2021.

But as the crypto winter unfolded, Solana demonstrated resilience. Its Layer-1 blockchain technology showcased strengths in handling high throughput and low transaction costs.

Furthermore, Solana’s ecosystem of decentralized applications saw strong development, with protocols like Mango Rtobal and the Solana NFT sector showing signs of increasing adoption.

These factors, combined with the strategic investment, are positioning Solana for a potential breakout from key resistance levels.

At present, Solana is approaching the $150 to $155 zone, a level that previously sparked strong selling pressure. A glance at the weekly chart shows that candle closed with a bullish continuation pattern.

This suggests that if sellers are exhausted and buyers emerge to push prices higher, the next logical price targets could be the $180 to $200 range, or potentially even the all-time high at $251 by late 2025.

Moreover, a closer look at the daily chart reveals a recent spike in trading volume, signaling the strength behind the current move.

As broader market volatility persists and institutional capital seeks new avenues for deployment, Solana’s Layer-1

News data source: kdj.com

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