Toncoin (TON) Price Hits Fresh All-Time High, Eyes $10 Milestone

Toncoin (TON), the native cryptocurrency of The Open Network, has surged to a new all-time high, trading at $7.64 and boasting a market cap of $18.5 billion, making it the ninth largest cryptocurrency. This rally is attributed to a golden-cross formation on the technical charts, indicating a potential long-term uptrend. The number of active Toncoin wallets has skyrocketed from 1.28 million to over 8 million in 2024, reflecting strong investor confidence. With the total value locked (TVL) in Toncoin’s DeFi ecosystem nearing $1 billion, analysts predict the price could soon reach $10.

_{Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.}