$ONT 📈 rises 40% driven by decentralized identity narrative and community expansion

Ontology ($ONT) records a 40% rebound following a series of key events that reconfigure its positioning in the Web3 ecosystem. On August 13, the Ontology Africa initiative was launched, aimed at establishing validator nodes in countries like Nigeria and Ethiopia, with a grassroots adoption focus and real community participation.

On August 19, a new educational video on decentralized identity was released, reinforcing Ontology's technological narrative as a trusted infrastructure. This content aligns with the growing interest in verification solutions without intermediaries, especially in business and regulatory environments.

On the other hand, the end of staking support in Exodus Wallet (July 13) forced users to migrate their assets, generating temporary selling pressure. However, ONTO Wallet maintains support with lower liquidity and APY.

Technically, ONT recovers from an oversold zone (RSI 41.5) and respects support at $0.134. Volume rises 40.8% in 24h, with key resistance at $0.146.

The combination of a strong narrative, geographic expansion, and reconfiguration of staking positions ONT as an asset to watch, beyond speculative momentum.