币界网报道：Ondo Finance's native token ONDO has surged 15% in the past 24 hours, breaking out of an ascending channel pattern that had formed since mid-February. The token reached $0.26 before settling around $0.25, with trading volume spiking 40% to $180 million. Crypto analyst World of Charts identified the breakout, noting the formation of a bullish flag pattern on lower timeframes that suggests potential for further upside. The analyst set a short-term price target of $0.29, representing a 16% gain from current levels, with the next resistance seen at $0.30. Ondo Finance, which focuses on institutional-grade financial products for decentralized finance, has seen growing interest as its treasury-backed products gain traction among crypto-native institutions. The project recently announced partnerships with several DeFi protocols to expand its real-world asset offerings. Market observers attribute ONDO's strong performance to both technical factors and fundamental developments, including the team's roadmap updates and increasing adoption of its tokenized treasury bills product. The token's market capitalization now stands at $1.1 billion, ranking it among the top 100 cryptocurrencies by market value.