Ontology’s ONT token price soars 55%: why is the altcoin rising?

Ontology’s ONT token has staged a dramatic rally, soaring more than 55% in the past 24 hours and surprising many in the crypto ￰0￱ sudden price surge, backed by a sharp increase in trading volume, has left traders asking the same question: what is driving this move, and can it last? ONT breaks past resistance At the time of writing, the ONT token is trading around $0.21, up from lows near $0.14 just a day ￰1￱ token’s market capitalisation now sits at just over $200 million, ranking it among the mid-tier ￰2￱ there is no official news to explain the breakout, the price surge stands out not only for the size of the rally but also the way it ￰3￱ show that ONT traded flat for hours before suddenly breaking out with a series of strong green ￰4￱ surge pushed the token beyond its short-term ￰5￱ pullbacks during the climb suggest that the buying momentum was organic and not a simple pump.

Notably, the price surge was supported by volume, with 24-hour trading activity exceeding $220 billion, a 67% ￰6￱ surge hints at strong backing In crypto markets, big green candles are not unusual, but what sets ONT’s rally apart is the heavy trading volume behind it. A surge in activity of this size often points to significant interest from large investors or coordinated market ￰7￱ are already speculations of whales accumulating positions ahead of a potential ￰8￱ and ecosystem developments While price action has captured attention, Ontology’s ecosystem has also been ￰9￱ today, Geoff Richards announced a YouTube livestream scheduled for 1800 UTC where he plans to discuss upcoming developments for the project and take questions from the ￰10￱ events often provide updates on partnerships, network upgrades, or new use cases, all of which can influence market ￰11￱ addition, the Ontology team confirmed that Consensus Round 260 had ended ￰12￱ – The Trust Layer for Web3 @OntologyNetwork · Follow #OntologyConsensusRound 260 has ended 🖥Summary of annualized yield, increase in stake, operation status & fee sharing ratio changes of nodes.👉 node-docs.

ont. io/consensus-roun… 1:10 pm · 25 Aug 2025 27 Reply Copy link Read 5 replies The update highlighted changes in annualised yield, stake increases, node performance, and fee-sharing ratios, underscoring that Ontology’s blockchain remains operational and ￰13￱ long-term holders, this reinforces the idea that behind the price volatility, the network continues to ￰14￱ comes next for ONT? ONT is still a long way from its all-time high of $10.92, reached in 2018, but its rebound from June’s all-time low of $0.10 is ￰15￱ token has gained more than 100% since then, showing that interest in the project has not disappeared despite years of ￰16￱ token has established support around $0.17, and it is currently testing resistance at $0.21.

The coming days will be critical for ￰17￱ will be watching whether the token can hold above support and break convincingly past the $0.21 resistance zone. A clean breakout above that level could open the door to fresh gains, while a rejection may lead to consolidation.