Toncoin (TON) is the native token of The Open Network, a Layer-1 blockchain originally developed by the Telegram team in 2018, designed to provide high-speed, low-cost transactions and smart contract execution. The TON blockchain is known for its deep integration with Telegram’s 900 million users, supporting application scenarios such as decentralized finance (DeFi), Mini Apps, and payment systems. TON tokens are used to pay transaction fees, stake validator nodes, and govern the ecosystem. As of June 17, 2025, TON price Approximately $2.97, with a market capitalization of about $7.3 billion, ranking in the top 30 of the cryptocurrency market.
Toncoin, with its technological innovations and Telegram’s vast user base, occupies a unique position in the blockchain space. Its blockchain uses sharding technology, achieving a high throughput of thousands of transactions per second, with transaction fees as low as a few cents, far superior to competitors like Ethereum. The TON Mini Apps ecosystem (such as Notcoin and Hamster Kombat) has attracted millions of users through the Telegram platform, driving the Web3 Furthermore, TON has received investments from top institutions such as Pantera Capital and has reached a preliminary cooperation with xAI, planning to integrate Grok artificial intelligence through Telegram to further expand its application scenarios. Currently, 90% of TON holders are in a profit state, demonstrating strong community support and market confidence.
Toncoin performed exceptionally well in 2024, with its price soaring from $2.10 to a historical high of $8.24 in June, an increase of over 280%. However, in 2025, market volatility intensified, causing the TON price to drop 41% since the beginning of the year, recently falling below a key support level to $2.97, with a monthly decline of 4.58%. Nevertheless, analysts remain optimistic about TON’s long-term prospects. PricePrediction.net predicts that TON could reach $5.32 by the end of 2025, while Coinpedia is even more bullish on its potential, forecasting a high of $16.65. Vietnam’s recognition of the legal status of crypto assets starting in 2026 also provides a favorable environment for TON’s expansion in the Asian market.
The ways to participate in the Toncoin ecosystem are diverse. Users can trade on exchanges. TON/USDT For the TON/BTC trading pair, ensure to use the official contract address to prevent scams. Users can store, send TON, or participate in Mini Apps to earn rewards through the built-in TON wallet in Telegram (@Wallet). Developers can utilize TON’s SDK to develop decentralized applications (DApps) and join the rapidly growing ecosystem. Investors can participate in network validation by staking TON and earn annual returns (approximately 3-5%). Join the TON X community (@ton_blockchain) or the official Telegram channel to get price dynamics and ecosystem updates.
The opportunity for Toncoin lies in its deep integration with Telegram and the explosive growth of the Mini Apps ecosystem. Potential collaborations with xAI and institutional investments (such as Pantera Capital) provide strong backing. However, the price volatility of TON is high, having recently broken below the symmetrical triangle support, with trading volume decreasing by 57%, indicating waning investor interest. Users on the X platform pointed out that the concentration of large holders and token unlocks could lead to further sell-off risks. Investors should pay attention to key support levels ($2.80) and resistance levels ($3.30), conduct thorough research (DYOR), choose reliable exchanges, and allocate funds wisely to reduce risk.
Toncoin (TON), leveraging Telegram’s user base and the technological advantages of The Open Network, is becoming a leading blockchain in the Web3 space. Despite market pressures in 2025, its ecosystem expansion, institutional support, and the proliferation of Mini Apps lay the foundation for its long-term growth.