Why did the price of TON go up?

Toncoin increased by 2.91% in the last 24 hours, outperforming the overall crypto market, which rose by 2.2%. This growth is driven by strong institutional buying, positive technical signals, and improvements in the Toncoin ecosystem.

1. Institutional Demand – $558 million raised in a private sale to build a TON treasury; Coinbase Ventures also confirmed holding Toncoin.
2. Technical Breakout – Toncoin’s price broke through a key resistance level at $3.50, sparking upward momentum.
3. Ecosystem Growth – New support from Amazon Web Services (AWS) and milestones linked to Telegram adoption.

Deep Dive

1. Institutional Demand (Positive for Price)

Overview: On August 6, Verb Technology raised $558 million in a private sale to create a TON treasury, aiming to hold about 5% of all Toncoin in circulation. Additionally, Coinbase Ventures confirmed on August 11 that it holds Toncoin, joining other big investors like Sequoia and Benchmark.

What this means: When large investors buy and hold Toncoin, it reduces the chance of sudden selling, showing confidence in the coin’s long-term value. This treasury strategy is similar to what MicroStrategy has done with Bitcoin, treating Toncoin as a reserve asset. However, since 68% of Toncoin is held by a few large wallets, price swings could still happen.

Key metric: Keep an eye on the growth of TON Strategy Co.’s treasury and staking rewards updates from @tonstrat.

2. Technical Breakout (Positive for Price)

Overview: On September 10, Toncoin’s price rose above $3.50, its highest point since mid-August. Technical indicators like the MACD turned positive, and the RSI at 57 suggests there’s still room for the price to go up before it becomes overbought.

What this means: Breaking above $3.50 ended a downward price pattern, with traders now aiming for $3.80 to $4.00. Closing prices above the 30-day moving average ($3.24) indicate buyers are in control. However, trading volume dropped by 12.83% compared to the previous day, so caution is advised.

Key level: If the price falls below $3.14, it could mean the breakout has failed.

3. Ecosystem Momentum (Mixed Impact)

Overview: Toncoin recently added blockchain data support through AWS and teamed up with ChainPatrol to fight scams and phishing. Trading of memecoins on Toncoin’s network jumped 113% month-over-month to $84.5 million, showing growing interest from everyday investors.

What this means: These infrastructure and security improvements help strengthen Telegram’s integration with Web3 technology, which has over 1 billion users. However, the high volatility of memecoins might distract from Toncoin’s main use cases.

Conclusion

Toncoin’s recent price increase is fueled by strong institutional buying, positive technical signals, and Telegram’s expanding ecosystem. While the upward trend looks solid, watch for possible profit-taking near $3.80 and updates on how the treasury funds are managed.

Key watch: Can Toncoin stay above $3.50 this week as interest in altcoins grows? The CoinMarketCap Altcoin Season Index has risen 127% month-over-month, signaling increased enthusiasm for alternative cryptocurrencies.

What could affect the price of TON?

Toncoin’s future depends on growing its ecosystem, big investors’ actions, and overall market trends.

1. Ecosystem Growth – With Telegram’s 1 billion+ users and new DeFi partnerships, adoption is on the rise.
2. Institutional Moves – Nearly $1 billion in treasury funds aim to reduce supply and attract big investors.
3. Whale Control – Large holders own 68% of Toncoin, which can cause price swings but also shows strong interest.

Deep Dive

1. Ecosystem Growth & Telegram Integration (Positive Outlook)

Overview:
Toncoin is closely linked with Telegram, giving over 100 million users access through the TON Space wallet and support for USDT stablecoin. Partnerships with Curve Finance (Curve) for easy stablecoin swaps and a $5 million DeFi rewards program are helping increase liquidity. Toncoin’s daily active users have grown 20% in six months, showing real demand.

What this means:
Telegram’s huge user base offers a ready market for Toncoin payments and apps, which could boost transaction numbers and staking. If DeFi use grows, Toncoin could become more valuable as a “gas” token, meaning it’s needed to power transactions, creating scarcity.

2. Institutional Treasury Moves (Mixed Impact)

Overview:
The TON Foundation and partners like Verb Technology have raised $958 million to build public treasuries (Bloomberg), similar to how MicroStrategy invests in Bitcoin. These efforts aim to lock up supply and attract traditional investors through NASDAQ-listed funds.

What this means:
This could help stabilize demand over time but also means a few large players control much of the supply. In the short term, prices might swing as big over-the-counter (OTC) trades happen or if treasury managers decide to sell.

3. Whale Concentration & Volatility Risks (Caution Advised)

Overview:
Large holders, or “whales,” control 68% of Toncoin’s supply (CoinMarketCap). Recently, the top 100 wallets increased futures bets by $47 million. Historically, such concentration can lead to sharp price drops, like the 65% fall from Toncoin’s all-time high in 2024.

What this means:
While whale activity shows confidence, it also raises the risk of big price swings during market stress. If Toncoin falls below the $3.10 support level—held by 1.2 million wallets—it could trigger a cascade of forced sales.

Conclusion

Toncoin’s price will likely fluctuate between the positive momentum from Telegram’s adoption and the volatility caused by large holders. The $3.10 to $3.50 price range is key in the short term, with a potential rise to $4.30 if it breaks above $3.50. Over the long term, institutional treasury strategies may help establish Toncoin as a stable Web3 reserve asset.

Will Toncoin’s DeFi incentives be enough to counter whale selling pressure? Keep an eye on trading volume and the $3.10 support level.

What are people saying about TON?

Toncoin’s buzz swings between hopes for a big price jump and concerns about large holders causing price swings. Here’s what’s trending:

1. Traders watch for a breakout from a triangle pattern – a possible 50% price move
2. Telegram’s integration boosts optimism for a $5 target, despite risks from supply concentration
3. Whales control 68% of the supply, raising warnings about price volatility

Deep Dive

1. @ali_charts: Price pattern hints at 50% move — bullish

"Toncoin $TON is consolidating in a triangle pattern, waiting for a 50% price move!"
– @ali_charts (305k followers · 1.2M impressions · 2025-09-02 07:58 UTC)
View original post
What this means: Toncoin’s price chart shows a symmetrical triangle pattern, which often signals upcoming price swings. If the price breaks above $3.50, it could rally to $4.30. But if it falls below $3.39, it might drop to $2.60.

2. @CobakOfficial: Growth in Telegram ecosystem drives optimism — bullish

"Despite overall market declines, Toncoin surged 24% in the past month to $3.61"
– @CobakOfficial (892k followers · 4.8M impressions · 2025-08-02 19:00 UTC)
View original post
What this means: Toncoin’s recent price increase matches new developments in the Telegram ecosystem, like staking features and decentralized exchange (DEX) growth. Analysts are watching the $3.70 level as a key resistance point to confirm if the upward trend will continue.

3. CoinMarketCap Community: Large holders raise concerns — bearish

"68% of Toncoin supply is held by whales, raising questions about price stability"
– CoinMarketCap Post (12.3k views · 2025-06-27 01:43 UTC)
View original post
What this means: When a few large holders (called whales) control most of the supply, it can lead to price swings. With whales holding 68% and fewer than 20% of holders being long-term investors, there’s a risk that big sell-offs could cause sharp price drops.

Conclusion

The outlook for Toncoin is mixed. On one hand, Telegram’s growing ecosystem offers strong potential for price gains. On the other, the heavy concentration of supply in whales’ hands creates risks for volatility. Keep an eye on the $3.39 to $3.50 price range and whale activity on the blockchain for clues about where Toncoin might head next. The coming week could be key in shaping its medium-term direction.

What is the latest news about TON?

Toncoin is gaining momentum with growing interest from big investors and expanding its ecosystem. Here are the key updates:

1. Coinbase Ventures Becomes a Holder (September 10, 2025) – A strong vote of confidence in TON’s connection to Telegram’s network.
2. Big Partnership Hint (September 8, 2025) – TON team teases a deal with a major global platform.
3. SEC Mentions TON in Retirement Plan Discussions (September 8, 2025) – Regulatory talks coincide with TON’s nearly 10% price jump.

In-Depth Look

1. Coinbase Ventures Becomes a Holder (September 10, 2025)

What happened:
Coinbase Ventures, the investment branch of Coinbase, bought an undisclosed amount of TON. This shows strong institutional belief in The Open Network’s goals. It follows earlier investments from well-known firms like Sequoia and Ribbit Capital.

Why it matters:
Institutional support like this is a positive sign for TON. It confirms the value of its integration with Telegram’s huge user base (over 1 billion users) and its focus on real-world uses. This could lead to more partnerships with traditional financial companies and better market liquidity.
(@ton_blockchain)

2. Big Partnership Hint (September 8, 2025)

What happened:
The TON Foundation announced a forthcoming partnership with what they called the “largest platform in the world.” While details are limited, the community suspects it might involve fintech or social media companies.

Why it matters:
This news is cautiously optimistic for TON. If the partner brings new users or practical uses like payment options, it could speed up TON’s growth. However, if the partnership is delayed or unclear, excitement might fade.
(CryptoPatel)

3. SEC Mentions TON in Retirement Plan Discussions (September 8, 2025)

What happened:
Paul Atkins, Chair of the U.S. Securities and Exchange Commission (SEC), talked about the importance of educating people about cryptocurrencies in 401(k) retirement plans. He used TON’s price volatility (+9.8% in one day) as an example. This came amid rumors of a possible executive order from former President Trump to make it easier to include alternative assets like TON in retirement accounts.

Why it matters:
This is a neutral development for TON. While regulatory openness could eventually allow more investors to access TON through retirement plans, the current focus on price swings highlights the risks. Whether TON will become a common part of mainstream financial products is still uncertain.
(Weex)

Conclusion

Toncoin’s recent news shows increasing trust from big investors and growing attention from regulators, though challenges remain. With Coinbase Ventures backing TON and a major partnership on the horizon, TON’s potential to connect cryptocurrency with everyday apps through Telegram looks promising. The big question is whether this upcoming partnership will spark a new wave of user adoption.

What is expected in the development of TON?

Toncoin’s roadmap is centered on improving scalability, growing decentralized finance (DeFi) features, and connecting with traditional financial institutions.

1. Accelerator Mainnet Upgrade (Q4 2025) – Increase transaction speed to over 100,000 transactions per second (TPS).
2. Cross-Chain Swaps & Limit Orders (2026) – Enhance DeFi capabilities through STON.fi improvements.
3. TON Strategy Co. Integration (Ongoing) – Link Toncoin with traditional finance (TradFi) institutions.
4. U.S. Market Expansion (2026) – Use Telegram’s 87 million+ U.S. users to boost adoption.

Deep Dive

1. Accelerator Mainnet Upgrade (Q4 2025)

Overview: This upgrade aims to make Toncoin’s network faster by handling more than 100,000 transactions per second. It will improve how the network splits tasks (sharding) and reaches agreement on transactions (consensus), making it better suited for everyday apps and small payments (Martin Masser, TON Foundation).
What this means: This is positive for Toncoin because faster processing can attract developers building apps like games or social finance tools, and it can lower transaction fees. However, there is a risk of technical challenges or network issues during the upgrade.

2. Cross-Chain Swaps & Limit Orders (2026)

Overview: STON.fi, Toncoin’s main decentralized exchange (DEX), plans to add features like focused liquidity pools and the ability to swap tokens across different blockchains. This is supported by a $9.5 million funding round in July 2025 (STON.fi Funding).
What this means: This development is somewhat positive. Better DeFi tools can increase the total value locked (TVL) in Toncoin and keep users engaged. However, competition from established platforms like Ethereum and Solana is strong. Success depends on how well these features integrate with Telegram’s user interface.

3. TON Strategy Co. Integration (Ongoing)

Overview: TON Strategy Co. works with traditional financial institutions to bring Toncoin into areas like bond issuance and managing treasury funds. A $400 million treasury fund announced in July 2025 aims to keep Toncoin’s liquidity stable (Bloomberg).
What this means: This is a positive long-term sign. Institutional adoption can reduce price swings and make Toncoin more reliable as a reserve asset. Still, regulatory challenges remain a concern.

4. U.S. Market Expansion (2026)

Overview: Toncoin plans to grow its presence in the U.S. by leveraging Telegram’s 87 million+ American users. This includes integrating wallets, improving compliance, and launching localized DeFi campaigns. Telegram launched its U.S. crypto wallet in July 2025 (CoinTelegraph).
What this means: This is promising if done well, as Telegram’s large user base offers a ready audience for Toncoin. Risks include potential regulatory hurdles and slower user adoption than expected.

Conclusion

Toncoin’s roadmap focuses on technical improvements for speed, expanding DeFi and traditional finance connections, and growing its market in the U.S. The Accelerator Mainnet upgrade and new DeFi tools are key short-term drivers, while partnerships with institutions could provide long-term stability. The big question remains: Will Toncoin’s integration with Telegram’s massive user base finally bring cryptocurrency into the mainstream?

What updates are there in the TON code base?

Toncoin's recent updates show strong progress in improving performance and expanding its ecosystem.

1. Jetton 2.0 Upgrade (September 10, 2025) – Token transfers are now 3 times faster thanks to smarter, more efficient contract code.
2. AWS Blockchain Data Integration (September 10, 2025) – TON is now part of Amazon Web Services’ public blockchain data tools.
3. Stable Swap Launch (September 4, 2025) – A new partnership with Curve Finance lowers costs when swapping stablecoins.

Deep Dive

1. Jetton 2.0 Upgrade (September 10, 2025)

What happened: The Jetton 2.0 upgrade improves Toncoin’s token system by making token transfers much faster—three times quicker than before. It does this by simplifying how smart contracts work behind the scenes. It also lowers transaction fees and allows multiple transactions to be processed together.

Why it matters: Faster and cheaper transfers make Toncoin more attractive for decentralized finance (DeFi) apps and blockchain games. This could encourage more developers to build on Toncoin. (Source)

2. AWS Blockchain Data Integration (September 10, 2025)

What happened: Amazon Web Services (AWS) has added Toncoin to its public blockchain dataset. This means developers can now access Toncoin’s blockchain data through AWS tools, making it easier to analyze and build applications.

Why it matters: This is a neutral development for Toncoin. While it improves access for businesses and developers who use AWS, the real impact depends on how many choose to use these tools. (Source)

3. Stable Swap Launch (September 4, 2025)

What happened: Toncoin teamed up with Curve Finance to launch a new stablecoin swapping service. This service reduces “slippage” — the difference between expected and actual swap prices — by about 40%. They also introduced a $5 million Toncoin reward program to encourage people to provide liquidity.

Why it matters: Lower slippage makes Toncoin’s DeFi services more competitive and user-friendly. The rewards program should help keep enough liquidity in the system, which is important for smooth trading. (Source)

Conclusion

Toncoin’s recent updates focus on making the network faster, easier to use, and more attractive for DeFi applications. These improvements could help Toncoin compete with other major blockchains like Ethereum and Solana, especially within Telegram’s growing Web3 ecosystem. How these changes will affect Toncoin’s position in the market remains to be seen.