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Toncoin (TON) is gaining traction once again, currently priced at $3.35 and boasting an 18.60% recovery from its 30-day low. With increasing momentum and a surge in trading volume, its connection to Telegram is drawing renewed investor attention. Could this strategic alignment be the key to unlocking Toncoin’s next breakout?
TON Key Statistics
- Current Price: $3.35
- Market Cap: $8.5 billion
- Trading Volume (24h): $892 million
- Circulating Supply: 3 billion TON
- Total Supply: 5 billion TON
- CoinMarketCap Ranking: #16
Toncoin (TON) has shown notable resilience, currently sitting 4.12% below its highest level in the past 30 days but trading 6.55% above its recent 7-day peak. Meanwhile, it has climbed 18.60% from its 30-day low and 17.47% above the lowest point recorded over the last week, highlighting a strong recovery trend.
TON/USD Market (Daily Chart)
Key Levels
- Resistance: $3.49, $3.85, $4.10
- Support: $3.16, $2.84, $2.36
Toncoin (TONUSD) is once again lighting up the charts with a vibrant surge, now trading at $3.35 after leaping over 11% in a single day. This fresh breakout mirrors the structure of the brief but notable bull run we saw in April, where TONUSD sprang to life following bullish RSI divergence. That rally, though modest, laid the groundwork for the current wave that seems more confident and sustained. Price has now closed above the middle Bollinger Band and is climbing toward the upper band, signaling a strengthening trend. Should this rhythm continue, resistance may unfold around $3.49, followed by $3.85, and a further hurdle near $4.10 where previous upswings faded.
Yet, momentum is a delicate dance. If enthusiasm eases, support rests first at $3.16, the mid-Bollinger Band, with deeper cushions at $2.84 and the April low of $2.36. The Relative Strength Index is now at 59.06, showing plenty of room for upward travel before the market overheats. Importantly, this latest run, which sparked around May 24, seems to be a more amplified echo of April’s upswing—fueled by similar technical signals but strengthened by renewed volume and conviction. If buyers can guard the $3.16 level with discipline, the current tempo could evolve into a graceful climb, paving a path toward fresh highs.
Toncoin’s Bullish Wave and the Telegram Factor: Is the Stage Set for a Breakout?
Toncoin’s recent upward momentum comes at a time when its connection to Telegram is beginning to draw more attention. As the native asset of The Open Network, which was originally developed by Telegram, TON benefits from the messaging platform’s growing interest in Web3. Telegram’s integration of wallet features and digital payments opens the door for Toncoin to play a larger role in the app’s ecosystem. While there are no guarantees, the increasing alignment between platform and token adds credibility to the idea that this rally could be supported by more than just short-term speculation.
Is TON Breakout Ahead?
From a technical point of view, Toncoin is displaying signs of a healthy trend, but outcomes remain open. The recent price climb has been steady, which raises the probability of continuation if broader market conditions remain supportive. However, as with many bullish phases, there’s always the possibility of exhaustion or short-term pullbacks. The structure does not yet confirm a major breakout, but it leans in that direction. As the market watches for follow-through, the real question becomes: will Toncoin’s link to Telegram be the edge that sustains its upward momentum?
TON/BTC Performance Insight
The TON/BTC daily chart reveals a strong bullish reversal, with today’s price jumping 12.92% to 0.00003120 BTC. This surge has propelled the pair above the Bollinger Bands’ midline, suggesting a key momentum shift following a prolonged downtrend. The Relative Strength Index (RSI) has risen to 54.42, indicating growing buying interest and aligning with recent “Bull” signals from the RSI Divergence Indicator. Should the upward trend persist, the next resistance level is around 0.00003383 BTC, while immediate support is seen near 0.00002984 BTC.
Adding to the bullish sentiment, independent journalist Viktor—followed by over 440,000 users on X—highlighted TON’s strategic developments. The TON Foundation has appointed former Visa executive Nikola Plecas as Vice President of Payments, reflecting its deepening commitment to advancing global payment infrastructure. Continuing this momentum, Telegram is reportedly set to raise $1.5 billion through bonds, drawing interest from institutional giants such as BlackRock, Mubadala, and Citadel. These developments point to growing institutional confidence and expanding prospects for the TON ecosystem.
BREAKING NEWS OF THE DAY:
– TON Foundation has appointed former top executive at Visa – Nikola Plecas, as the Vice President of Payments at $TON
– Telegram Set to Raise $1.5 Billion in Bonds, with Investors include BlackRock, Mubadala & Citadel pic.twitter.com/XhUdkVr4Tz
— Viktor 🧡 (@s0meone_u_know) May 28, 2025
Alternatives to Toncoin
Telegram’s addition of wallet and digital payment functionalities paves the way for Toncoin to become more deeply integrated within its ecosystem. As enthusiasm around TON continues to build, the launch of Best Wallet delivers a robust solution for users seeking efficient asset management.
Best Wallet is a flexible multi-chain platform that supports a broad selection of tokens, including TON. Prioritizing user-friendly design and performance, it offers secure storage, smooth transactions, and built-in DEX aggregation—all within a streamlined interface. This empowers users to effortlessly oversee diverse crypto holdings while tapping into DeFi opportunities.
How to Find a Token in Best Wallet
At the heart of the platform is its native token, $BEST, which serves as a cost-effective alternative to TON for covering transaction fees inside the wallet. Beyond that, $BEST enables governance participation and offers compelling staking incentives. After a successful presale that brought in around $13 million, Best Wallet is officially live, offering a safe and accessible entry point into the world of decentralized finance.
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