ONDO up 60% in a Month – Can 21Shares ETF Filing trigger $2 Next?

altcoin season ETF filings Ondo Crypto Journalist Anas Hassan Crypto Journalist Anas Hassan About Author Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech. Author Profile Share Copied Last updated: July 23, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews ONDO, the native cryptocurrency of Ondo Finance, has surged 60% over the past month, climbing from its July opening price of $0.6942 to reach a peak of $1.169 on July 21. This impressive rally was further accelerated by 21Shares’ recent ETF filing targeting the ONDO token. At the time of writing, however, ONDO has experienced some profit-taking activity, declining by 10.44% to trade at $1.025 during the session. This correction has resulted in a decrease in the token’s market capitalization from $3.7 billion to $3.2 billion. Despite the temporary pullback, the past 24 hours have seen over $448 million worth of ONDO tokens change hands, indicating sustained market interest. This robust trading activity has led many market participants to believe that 21Shares’ recent filing with U.S. regulators for a spot ETF tracking Ondo Finance’s native token could drive substantial institutional demand for ONDO. Institutional Foundation and ETF Filing Can Lead ONDO to $2. Ondo Finance operates as a layer-1 proof-of-stake blockchain specifically designed for institutional finance and the tokenization of real-world assets (RWAs). The platform has established a strong... https://cryptonews.com/news/ondo-up-60-in-a-month-can-21shares-etf-filing-trigger-2-next/ #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple