Toncoin (TON) is on the rise, showing steady gains in recent trading. In the past 24 hours, the token has climbed nearly 2.66%. Over the past week, it posted a 3.27% increase, reflecting growing momentum and investor interest. Currently, the token is trading at $1.65, with a 24-hour trading volume of $92.03 million, down 12.06% […]Toncoin (TON) is on the rise, showing steady gains in recent trading. In the past 24 hours, the token has climbed nearly 2.66%. Over the past week, it posted a 3.27% increase, reflecting growing momentum and investor interest. Currently, the token is trading at $1.65, with a 24-hour trading volume of $92.03 million, down 12.06% […]

TON Price Outlook: $15 Target in Sight, Key Levels and Technicals Explained

2025/12/10 21:00
  • Toncoin continues to show steady gains amid growing investor interest.
  • The token is trading at $1.65, with a market capitalization of $4.04 billion.
  • The key support zone lies between $1.40 and $1.60, with potential upside toward $15.
  • TON ranks #2 in on-chain app revenue, surpassing Ethereum and Hyperliquid.

Toncoin (TON) is on the rise, showing steady gains in recent trading. In the past 24 hours, the token has climbed nearly 2.66%. Over the past week, it posted a 3.27% increase, reflecting growing momentum and investor interest.

Currently, the token is trading at $1.65, with a 24-hour trading volume of $92.03 million, down 12.06% compared to the previous day. Its market capitalization sits at $4.04 billion, up 2.66%, indicating sustained confidence in the token’s value despite short-term dips in trading activity.

Source: CoinMarketCap

Also Read: Toncoin (TON) Surge Alert: 29% Rally Expected

Toncoin Technical Outlook and Key Price Levels

The token has been trending upward since mid-2022, reaching its peak around $15 in mid-2024. After a sharp correction of about 82.66%, the price dropped to $1.616. The uptrend line broke in late 2025, and a descending triangle formed, showing bearish pressure. The price recently hit strong support between $1.40 and $1.60, which is holding for now.

The $1.40–$1.60 zone acts as key support where buyers have stepped in before. Breaking below this could push the price lower. Resistance levels are at $3.55, $6.87, and $15. Weekly candles show buyers pushing back at support. A breakout above the descending trendline could confirm a reversal, opening the path to $3.55, $6.87, and ultimately $15.

Source: @CryptoPatel

If the token reverses at the support level, it will be able to reach around 936% to $15. But if the $1.40-$1.60 support level is broken, it may face deeper drops, without specific levels defined. Traders need to patiently wait for confirmation. This is because the bearish trend will keep going, but a strong turnaround is also possible.

On-Chain Revenue and Ecosystem Growth

According to the data from DeFiLlama, the token is ranked at the #2 level for the revenue that on-chain applications have reportedly generated within the last 24 hours. It has managed to surpass Hyperliquid and Ethereum.

Source: @0xdamx

The network continues to reduce the gap with Solana, and the momentum it demonstrates in terms of transaction volume and growth cannot go unnoticed. This is because the growth of TON is a clear indication that the token is emerging as a major force when it comes to on-chain revenue.

Also Read: Toncoin (TON) Surge Predicted: 28% Powerful Rebound Ahead

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

BitGo expands its presence in Europe

BitGo expands its presence in Europe

The post BitGo expands its presence in Europe appeared on BitcoinEthereumNews.com. BitGo, global leader in digital asset infrastructure, announces a significant expansion of its presence in Europe. The company, through its subsidiary BitGo Europe GmbH, has obtained an extension of the license from BaFin (German Federal Financial Supervisory Authority), allowing it to offer regulated cryptocurrency trading services directly from Frankfurt, Germany. This move marks a decisive step for the European digital asset market, offering institutional investors the opportunity to access secure, regulated cryptocurrency trading integrated with advanced custody and management services. A comprehensive offering for European institutional investors With the extension of the license according to the MiCA (Markets in Crypto-Assets) regulation, initially obtained in May 2025, BitGo Europe expands the range of services available for European investors. Now, in addition to custody, staking, and transfer of digital assets, the platform also offers a spot trading service on thousands of cryptocurrencies and stablecoins. Institutional investors can now leverage BitGo’s OTC desk and a high-performance electronic trading platform, designed to ensure fast, secure, and transparent transactions. Aggregated access to numerous liquidity sources, including leading market makers and exchanges, allows for trading at competitive prices and high-quality executions. Security and Regulation at the Core of BitGo’s Strategy According to Brett Reeves, Head of European Sales and Go Network at BitGo, the goal is clear: “We are excited to strengthen our European platform and enable our clients to operate smoothly, competitively, and securely.§By combining our institutional custody solution with high-performance trading execution, clients will be able to access deep liquidity with the peace of mind that their assets will remain in cold storage, under regulated custody and compliant with MiCA.” The security of digital assets is indeed one of the cornerstones of BitGo’s offering. All services are designed to ensure that investors’ assets remain protected in regulated cold storage, minimizing operational and counterparty risks.…
Paylaş
BitcoinEthereumNews2025/09/18 04:28