Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail TON Token Yearly Loss Nears 72%, b Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail TON Token Yearly Loss Nears 72%, b

TON Token Yearly Loss Nears 72%, but Potential Reversal Signs Emerge

2025/12/09 22:49
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

TON Token Yearly Loss Nears 72%, but Potential Reversal Signs Emerge

The token's price found support at $1.6025, which held firm despite initial selling pressure, and has since shown signs of a potential reversal.

By CD Analytics, Francisco Rodrigues|Edited by Stephen Alpher
Dec 9, 2025, 2:49 p.m.
"Toncoin falls 1.8% to $1.6252 amid rising selling pressure and increased institutional volume in Asian markets."

What to know:

  • Toncoin (TON) fell 2% to $1.625, extending decline to 72% over the past 12 months.
  • The token's price found support at $1.6025, which held firm despite initial selling pressure, and has since shown signs of a potential reversal with rising volume and an ascending pattern.
  • TON's price is now at a technical crossroads, with a push past $1.635 potentially confirming a trend reversal, while a drop below $1.602 could reopen downside risk.

TON$1.6465 lost ground over the past 24 hours, sliding more than2% to $1.625 as selling pressure drove the token down to now post a near 72% decline over the past 12 months.

The move came amid a failed breakout near $1.668, with the downturn carving out a clear downtrend pattern of lower highs and lows across a narrow range.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up

Trading volume during the selloff spiked to 3.02 million TON, a 43% increase above the daily average, according to CoinDesk Research's technical analysis data model. That surge in activitycoincided with a breakdown below key support levels, further dampening sentiment.

However, TON’s price action found a floor at $1.6025. Multiple retests of that support held firm while volume tapered off, indicating that aggressive selling had cooled.

More notably, the last few hours of trading saw a potential shift in momentum. Price climbed back above $1.620 on rising volume, forming an ascending pattern of higher lows that often points to systematic buying.

TON now sits at a technical crossroads. A push past $1.635 could confirm the reversal, while a drop below $1.602 would reopen downside risk. Traders watching the $1.620 pivot will likely treat it as a deciding level for whether this bounce becomes a broader trend change.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

AI Market InsightsTONTechnical Analysis

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

Ethereum’s P2P Layer Is Improving Just as Institutional ETH Buys Pick Up

Early PeerDAS performance is proof that the Ethereum Foundation can now ship complex networking improvements at scale.

What to know:

  • Ethereum co-founder Vitalik Buterin said that the network is addressing its lack of peer-to-peer networking expertise, highlighting the progress of PeerDAS.
  • PeerDAS, a prototype for Data Availability Sampling, is crucial for Ethereum's scalability and decentralization through sharding.
  • BitMine Immersion Technologies has significantly increased its Ethereum holdings, viewing it as a strategic investment in the network's future scaling capabilities.
Read full story
Latest Crypto News

Ethereum’s P2P Layer Is Improving Just as Institutional ETH Buys Pick Up

Bitcoin Treasury Company Twenty One Drops 25% in NYSE Debut, Trades Near PIPE Pricing of $10

Will the ETF Era Usher in the End of Crypto Tribalism?

Most Influential: Don Jr., Eric and Barron Trump

Most Influential: Brandon and Howard Lutnick

Most Influential: Paolo Ardoino

Top Stories

CoinDesk's Most Influential 2025

Standard Chartered Throws in the Towel on Bullish Bitcoin Forecast

No Direction: Crypto Daybook Americas

IREN Raises $2.3B, Repurchases Debt in Balance Sheet Overhaul

SGX's Crypto Futures Draw New Liquidity, Not Diverted Cash, Exchange's President Says

Crypto Markets Today: Bitcoin Slips Back Toward Danger Zone Ahead of Fed Decision

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Pound Sterling softens as traders eye BoE rate cut next week

Pound Sterling softens as traders eye BoE rate cut next week

The post Pound Sterling softens as traders eye BoE rate cut next week appeared on BitcoinEthereumNews.com. The GBP/USD pair trades in negative territory near 1.3365 during the early European trading hours on Thursday, pressured by the rebound in the US Dollar (USD). Nonetheless, the potential downside might be limited after the US Federal Reserve (Fed) delivered a rate cut at its December policy meeting. Traders brace for the US weekly Initial Jobless Claims report, which will be published later on Thursday.  Markets continue to digest the largely anticipated rate cut by the Fed on Wednesday. The US central bank reduced its key interest rate for the third time in a row at its December meeting but signaled that it may leave rates unchanged in the coming months. Two Fed officials voted to keep the rate unchanged, while Stephen Miran, whom Trump appointed in September, voted for a larger rate cut. During the press conference, Fed Chair Jerome Powell said central bankers need time to see how the three reductions this year work their way through the US economy. Powell added that he will closely examine incoming data leading up to the next meeting in January. The Fed’s economic projections suggested one rate cut will take place next year, although new data could change this. On the other hand, the prospect of the Bank of England (BoE) rate reductions could drag the Pound Sterling (GBP) lower against the Greenback. Financial markets are now pricing in nearly an 88% chance of the BoE rate cut next week after signs from economic data that inflation pressure has eased.  Pound Sterling FAQs The Pound Sterling (GBP) is the oldest currency in the world (886 AD) and the official currency of the United Kingdom. It is the fourth most traded unit for foreign exchange (FX) in the world, accounting for 12% of all transactions, averaging $630 billion a day, according to 2022…
Share
BitcoinEthereumNews2025/12/11 13:40