The market buzzed with expectations for ONDO to hit a new all-time high after reaching $1.48 on June 3, but the token has since dropped by 17.64%. On-chain data provides valuable insights for investors, indicating a shift in ONDO's trajectory towards bullish predictions. Initially priced at $0.11, ONDO has surged by 658% in the past year, attracting significant attention. Factors like Real World Asset (RWA) trends and solid fundamentals are propelling its growth. Metrics like Realized Cap and Mean Coin Age offer key indicators of market sentiment and potential price movements. With ONDO's Realized Cap at $1.15 billion and a rising Total Value Locked (TVL) at $549.18 million, the token shows promise for further gains. Technical analysis suggests a bullish trend, with ONDO's price likely to surpass previous highs if key levels are maintained. However, market fluctuations can impact outcomes, emphasizing the need for thorough research and caution in investment decisions. Read more AI-generated news on: https://app.chaingpt.org/news