Why did the price of TON go up?

Toncoin (TON) increased by 3.37% in the last 24 hours, outperforming the overall crypto market, which dropped by 0.38%. Here are the main reasons behind this movement:

1. Launch of Blockchain Payments Consortium – TON joined a $10 trillion initiative to standardize payments across blockchains (Positive)
2. AlphaTON Acquisition – A strategic move to improve TON’s media and news infrastructure (Mixed)
3. Technical Rebound – Key technical indicators suggest a short-term recovery (Neutral)

In-Depth Analysis

1. Blockchain Payments Consortium (Positive Impact)

Summary:
On November 6, the TON Foundation teamed up with Fireblocks, Polygon, Solana, and Stellar to create the Blockchain Payments Consortium (BPC). This group aims to make stablecoin transactions across different blockchains easier and more standardized. Together, these companies handle over $10 trillion in payments every year (Yahoo Finance).

Why it matters:

• Establishes TON as a key player in blockchain-based institutional payments.
• Could increase demand for Toncoin as a utility token used to pay transaction fees in cross-chain settlements.
• Supports Telegram and TON’s goal to become a major Web3 payment platform for over 1 billion users.

What to watch:
Progress updates in early 2025 on technical standards and regulatory compliance from the consortium’s working groups.

2. AlphaTON’s Acquisition of Blockchain Wire (Mixed Impact)

Summary:
On November 5, AlphaTON Capital, a Nasdaq-listed company, acquired Blockchain Wire to develop a news verification system native to TON. AlphaTON manages a $713 million TON treasury (CoinMarketCap).

What this means:

• Positive: Strengthens TON’s ecosystem by improving credibility and potentially attracting more developers.
• Negative: Raises concerns about centralization since AlphaTON controls about 5% of TON’s circulating supply.
• The market reacted with a 2% dip in TON’s price after the announcement, but it later recovered.

3. Technical Rebound from Key Support Levels (Neutral Impact)

Summary:
Toncoin bounced back from a key technical support level at $1.98 (the 38.2% Fibonacci retracement), with the Relative Strength Index (RSI) showing oversold conditions at 34.53. The MACD indicator suggests that bearish momentum is weakening.

What this means:

• Short-term traders likely bought TON at this support level.
• The next resistance level is around $2.29 (23.6% Fibonacci retracement).
• Trading volume is still 41% below the 30-day average, indicating limited strength behind the rally.

Conclusion

Toncoin’s recent price increase is driven by strategic partnerships and developments that offset the overall weak crypto market. However, low trading volume and the fact that the top 100 holders control 68% of the supply limit the potential for a strong upward move.

Key point to monitor: Will the Blockchain Payments Consortium help increase Toncoin’s real-world use and token burn to recover from a 40% drop over the past 90 days? Watch the $1.98 support level closely — if TON falls below this, it could revisit lows seen in 2025.

What could affect the price of TON?

Toncoin’s price depends on how its ecosystem grows, moves by big investors, and changes in regulations.

1. Payment Consortium Progress – Partnerships across blockchains aim to increase Toncoin’s usefulness (positive).
2. Treasury Accumulation & Regulatory Concerns – Nasdaq’s review of $558M Toncoin holdings raises caution (negative).
3. Whale Concentration – Large holders control 68% of Toncoin, causing price swings (mixed).

In-Depth Look

1. Payment Standardization Effort (Positive Outlook)

What’s happening:
Toncoin joined the Blockchain Payments Consortium (BPC) alongside Polygon, Solana, and Fireblocks. This group is working to create common technical standards for stablecoin payments across different blockchains by early 2026. They aim to handle over $10 trillion in payments annually.

Why it matters:
By connecting with major blockchain networks, Toncoin could become more widely used for global payments. Telegram’s huge user base of over 1 billion people could help boost adoption. If this plan works well, demand for Toncoin may rise. However, success depends on how well the consortium executes its goals (Yahoo Finance).

2. Treasury Accumulation & Regulatory Risks (Negative Outlook)

What’s happening:
TON Strategy Co. raised $558 million to buy and hold Toncoin as a treasury reserve, similar to how MicroStrategy invested in Bitcoin. But in November 2025, Nasdaq flagged the company for buying so much Toncoin without shareholder approval, causing the price to drop by 5%.

Why it matters:
Holding a large amount of Toncoin can reduce the number of coins available on the market, which might support the price. However, regulatory concerns like this can hurt investor confidence and make institutions hesitant to get involved (Bitget).

3. Whale-Driven Volatility (Mixed Outlook)

What’s happening:
Big investors, or “whales,” hold 68% of all Toncoin, but only 20% of that is held long-term. This means large sell-offs could happen during market downturns. On the other hand, it shows strong institutional interest from groups like Coinbase Ventures and Sequoia.

Why it matters:
Whales can help stabilize prices by staking their coins for a 0.6% yearly return. But if they decide to sell quickly, especially during bad news, prices could drop sharply. Watching whale activity is important to understand potential price moves (CoinMarketCap).

Conclusion

Toncoin’s future depends on balancing positive ecosystem developments with risks from large holders and regulatory challenges. In the short term, progress by the Blockchain Payments Consortium and TON Strategy’s efforts to comply with rules are key. Over the long term, Telegram’s integration offers a unique chance for widespread adoption.

Will cross-chain payment adoption outweigh regulatory and liquidity risks?

What are people saying about TON?

Toncoin’s buzz swings between big growth potential and concerns about large holders influencing the market. Here’s what’s trending:

1. Undervalued treasury opportunity – TON-linked stock $TONX is trading below the value of its assets
2. Technical pattern signals possible big move – A triangle chart pattern suggests a potential 50% price change
3. Coinbase Ventures backing – Institutional support is boosting excitement around the Toncoin ecosystem

Deep Dive

1. @gabrelyanov: TONX Stock Discount Points to Opportunity (Bullish)

"$TONX holds $571 million in TON and cash but trades at just $9.4 per share net asset value – is this free money?"
– @gabrelyanov (96.8K followers · 12.6K impressions · Sept 16, 2025, 2:18 PM UTC)
View original post
What this means: This is positive for $TON because when institutions buy through treasury-linked stocks like $TONX, it can reduce the number of coins available on the market. It also supports the idea that Toncoin is becoming more integrated with Telegram’s huge user base of over 1 billion people.

2. @ali_charts: Symmetrical Triangle Pattern Approaching Resolution (Mixed)

"TON is trading within a triangle pattern – a breakout could cause the price to move up or down by 50%."
– @ali_charts (162K followers · 7.5K impressions · Sept 2, 2025, 7:58 AM UTC)
View original post
What this means: This is neutral for $TON until the price breaks out of the pattern. Traders are watching the $3.39 level closely — if the price rises above this, it could jump to $4.30, but if it falls below, it might drop to $2.60.

3. @ton_blockchain: Coinbase Ventures Invests in TON (Bullish)

"Coinbase Ventures has joined TON holders, confirming confidence in the ecosystem’s growth."
– @ton_blockchain (2.36M followers · 43.7K impressions · Aug 11, 2025, 1:37 PM UTC)
View original post
What this means: This is a positive sign for $TON because having a well-known venture capital firm like Coinbase Ventures involved can speed up development and encourage more institutional investors to join. However, the exact size of their investment hasn’t been shared.

Conclusion

The overall outlook on $TON is mixed. Positive factors include its connection to Telegram and growing institutional interest. On the other hand, concerns remain about large holders controlling 68% of the supply and the price’s technical uncertainty. Keep an eye on the $3.39 support/resistance level this week — whether the price holds or breaks this point could determine short-term momentum as traders balance network growth against risks from supply concentration.

{{technical_analysis_coin_candle_chart}}

What is the latest news about TON?

Toncoin is navigating market ups and downs by forming key partnerships and growing its ecosystem. Here are the latest highlights:

1. Blockchain Payments Consortium Launch (November 6, 2025) – Leading blockchain networks team up to create a standard for cross-chain stablecoin payments.
2. AlphaTON Acquires Blockchain Wire (November 5, 2025) – A new verified newswire service is joining the TON ecosystem to improve information accuracy.
3. Benchmark Invests in Fomo App (November 6, 2025) – A unique crypto trading app using TON and Telegram integration gets major funding to reach more users.

Deep Dive

1. Blockchain Payments Consortium Launch (November 6, 2025)

What happened:
Toncoin joined forces with Fireblocks, Solana, Polygon, and Stellar to create the Blockchain Payments Consortium (BPC). Their goal is to handle over $10 trillion in stablecoin transactions each year by making cross-chain payments smoother and more reliable—similar to traditional payment systems.

Why it matters:
This is a positive sign for Toncoin. Being part of this group puts TON at the center of important payment infrastructure. Better compatibility between blockchains could help TON grow, especially since Telegram, which TON is connected to, has over 1 billion users worldwide. (Yahoo Finance)

2. AlphaTON Acquires Blockchain Wire (November 5, 2025)

What happened:
AlphaTON Capital, a company listed on Nasdaq, bought Blockchain Wire to create a decentralized news verification platform on the TON network. This aims to fight misinformation and increase TON’s usefulness in media and communication.

Why it matters:
This deal is cautiously optimistic. It still needs regulatory approval, but it shows that big institutions are confident in TON’s potential. If media companies start using TON more, we could see more activity on the network. (CoinMarketCap)

3. Benchmark Invests in Fomo App (November 6, 2025)

What happened:
Fomo, a crypto trading app integrated with Telegram and supporting TON, raised $17 million in Series A funding led by Benchmark. The app offers cross-chain trading and social features, tapping into Telegram’s large user base.

Why it matters:
This is a strong positive for TON. Fomo already has 120,000 users and handles $20–40 million in daily trading volume. Its connection with Telegram mini-apps could help bring crypto trading to everyday users more easily. (Yahoo Finance)

Conclusion

Toncoin’s recent efforts—standardizing payments, improving media tools, and deepening its link with Telegram—show a focus on practical uses despite a tough overall market. While large holders controlling 68% of TON supply can cause price swings, partnerships like the Blockchain Payments Consortium and Fomo’s growth suggest TON has a solid path forward. The key question remains: will these upgrades lead to steady demand as the crypto market stabilizes?

What is expected in the development of TON?

Toncoin’s roadmap is centered on growing its ecosystem, improving technology, and strengthening its connection with Telegram. Key upcoming goals include:

1. Institutional Treasury Expansion (Q1 2026) – Creating a $400 million+ fund to reduce the number of Toncoins in circulation.
2. Jetton 2.0 Upgrade (Q4 2025) – Making token transfers three times faster.
3. Decentralized Storage Integration (2026) – Allowing payments for TON-based decentralized storage services.

In-Depth Look

1. Institutional Treasury Expansion (Q1 2026)

Overview
The TON Foundation, together with Kingsway Capital, is working to raise over $400 million to establish a regulated treasury entity that will hold Toncoin. This fund aims to control about 5% of all Toncoins available (Kingsway Capital partnership). This move follows Verb Technology’s recent $558 million private funding round, where they chose to use TON as part of their treasury reserves.

What this means

• Positive Impact: Taking a large amount of Toncoin out of circulation could help stabilize prices and attract more institutional investors.
• Potential Risk: Since large holders (whales) control about 68% of Toncoin, uncoordinated selling by them could cause price swings.

2. Jetton 2.0 Upgrade (Q4 2025)

Overview
Jetton 2.0 is an upgrade designed to make token transfers on the TON network, like USDT-TON, three times faster. This improvement uses Amazon Web Services’ blockchain data tools (AWS partnership).

What this means

• Positive Impact: Faster transfers will improve decentralized finance (DeFi) activities on TON, supporting its growing monthly memecoin trading volume of $84.5 million (which has increased 113% month-over-month).
• Potential Risk: Other blockchain platforms like Solana and Ethereum might develop similar features, which could reduce TON’s competitive advantage.

3. Decentralized Storage Integration (2026)

Overview
TON plans to allow users to pay for decentralized storage services, building on existing tools like TON Proxy and TON DNS.

What this means

• Positive Impact: This adds practical uses for Toncoin, especially given Telegram’s massive user base of over 1 billion people, potentially making data storage more scalable and accessible.
• Potential Risk: The success of this feature depends on how easy it is for everyday users to use. If it’s too complicated, people unfamiliar with cryptocurrency might avoid it.

Conclusion

Toncoin’s roadmap focuses on attracting institutional investors, improving technical performance, and integrating more deeply with Telegram’s platform. While initiatives like the treasury expansion and Jetton 2.0 upgrade could boost demand, the project must carefully manage the influence of large holders and navigate regulatory challenges. The key question remains: How will TON maintain its decentralized nature while partnering with big institutions as it grows?

What updates are there in the TON code base?

Toncoin’s software recently received three key updates that improve transaction speed, decentralized finance (DeFi) features, and wallet usability.

1. Jetton 2.0 Upgrade (September 10, 2025) – Made transfers of TON-based tokens three times faster.
2. Stable Swap Protocol (September 4, 2025) – Lowered price slippage for stablecoin trades by integrating a new swapping method.
3. TON Wallet Rebrand (July 11, 2025) – Combined wallet features with Telegram’s app for easier access and use.

Deep Dive

1. Jetton 2.0 Upgrade (September 10, 2025)

What happened: Jetton 2.0 improved the way TON tokens are handled, speeding up transfers by 3x. This was done by making smart contracts more efficient, reducing the cost and time needed for batch transactions and validation.

Why it matters: Faster and cheaper transfers make Toncoin more practical for everyday use, especially for Telegram’s over 1 billion users. This could lead to more activity on the network and benefit projects like Notcoin and STON.fi that rely on quick trades. (Source)

2. Stable Swap Protocol (September 4, 2025)

What happened: TON teamed up with Curve Finance to create a decentralized exchange for stablecoins using a Constant Function Market Maker (CFMM) algorithm. This reduces price slippage—meaning users get better rates when swapping stablecoins like USDT and TON.

Why it matters: This makes DeFi on TON more reliable and attractive, especially for larger investors who were previously hesitant due to price swings. While it strengthens TON’s DeFi ecosystem, it also means competing with Ethereum-based stablecoin platforms. (Source)

3. TON Wallet Rebrand (July 11, 2025)

What happened: TON Space was renamed TON Wallet and integrated directly into Telegram. It now supports staking, displaying NFTs, and easy fiat-to-crypto purchases through Apple Pay and Google Pay.

Why it matters: Simplifying wallet setup and adding popular payment options lowers the barrier for new users. This could boost retail adoption and encourage more users to stake Toncoin, increasing network security and engagement. (Source)

Conclusion

Toncoin’s latest updates focus on making the network faster, improving DeFi tools, and enhancing user experience—all key steps toward becoming Telegram’s go-to Web3 platform. With support from major investors like Coinbase Ventures, these improvements might help Toncoin bounce back from its recent 43% drop over the past 90 days.

{{technical_analysis_coin_candle_chart}}