ONDO token has been quietly building momentum in the background of the crypto market. As many investors chase the next 1000x meme coin or cling to old giants with limited upside, ONDO sits somewhere in the middle.
It is an ambitious project with real fundamentals and serious potential. Recent developments around real-world asset (RWA) tokenization and growing institutional interest only strengthen the case for taking a closer look at this token.
One crypto analyst who shared his bullish perspective is Lee the Captain, a crypto YouTuber. He broke down three reasons why he’s still buying ONDO and why he believes it’s one of the more balanced bets in the current market.
What you'll learn 👉
ONDO Price Has Room to Grow
Lee the Captain explains that ONDO isn’t the flashiest or the most hyped project, but that’s part of its appeal. He describes it as “pretty decent” for a project that is already gaining traction, without yet being mainstream.
According to him, ONDO isn’t like microcaps that might shoot up 1000x but carry extreme risk, nor is it a “dinosaur” altcoin that might only offer a 2x return. ONDO sits in the sweet spot with potential for major gains and less downside.
His personal price target for ONDO in this bull cycle is $20. That would be roughly a 22x return from its current ONDO price, which he calls “crazy to think about” but not unrealistic. He points out that this kind of move wouldn’t be out of place during peak altcoin seasons, especially for tokens that already have strong foundations.
Strong Fundamentals Backed by Real-World Asset (RWA) Momentum
Lee the Captain puts a big emphasis on the fundamentals behind ONDO. He talks about how Ondo Finance is building institutional-grade infrastructure for DeFi, especially through real-world asset tokenization. ONDO allows investors to gain exposure to tokenized versions of traditional assets like stocks, bonds, and ETFs. These assets are reportedly backed 1:1, which gives them additional credibility.
He highlights the importance of real-world assets, especially in a future where traditional finance and DeFi begin to merge. Ondo’s platform might not be available in the U.S. yet, but it’s already gaining global traction.
Lee also mentions ONDO’s Total Value Locked (TVL), which has climbed past $500 million. For him, that’s a major sign of strength. On top of that, the recent launch of the Ondo Chain shows the team is pushing ahead with innovation. This new Layer 1 blockchain is being developed to handle RWAs at an institutional level. While some details are still unknown, he appreciates projects that attempt to innovate and push the space forward.
Read Also: AI Predicts: How Much Could 2,500 ONDO Tokens Make You by End of 2025?
Market Timing and the Bigger Picture for ONDO
The third reason Lee the Captain is buying ONDO has to do with timing. He believes we are still in the middle of a broader crypto bull cycle, with altcoins expected to peak around 18 months after the last Bitcoin halving. That puts the potential altcoin top around October of this year. It’s not a guarantee, but he sees this pattern as a helpful guide when planning entries and exits.
Beyond technical timing, macro factors support his thesis. He cites data from Crypto.com showing that there are now more than 600 million crypto users worldwide. That’s more than ever before, and Bitcoin hasn’t even reached $150,000 yet. If Bitcoin continues climbing, say to $200K or more, he believes crypto adoption could expand to 700 million or 800 million users. In that scenario, ONDO stands to benefit.
He ends by reaffirming his belief that ONDO has what it takes to survive multiple market cycles. He doesn’t expect it to become the biggest project of all time, but he sees it growing into a premier altcoin that sticks around well beyond this year’s hype.
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