Ontology's ONT token jumps 20% as EU plans digital ID wallets for 450M citizens by 2026.

Ontology's ONT token surged over 20% following the EU's announcement to roll out eIDAS 2.0 digital identity wallets to more than 450 million citizens by 2026. Traders see ONT as a key player in decentralized identity infrastructure aligned with the EU's new regulatory framework. The token's price rose sharply amid increased trading volume and market interest, reflecting optimism about its role in Europe's digital identity overhaul. The rally highlights growing investor focus on identity and privacy projects linked to government-backed digital ID initiatives.