
Toncoin (TON) price is currently consolidating within a symmetrical triangle pattern.
TON's ecosystem is rapidly growing, driven by Telegram's integration and a thriving DeFi sector, with over 5 million daily active users.
TON's strong fundamentals and technical analysis point towards a potential bullish breakout and price growth in 2025.
As Bitcoin (BTC) slips below $94,000, triggering a market-wide correction, Toncoin (TON) has held steady at its key $4.8 support level. This level, established over the past eight months, is shaping up as a critical point for potential recovery. With a fully diluted valuation of $27.6 billion and a 24-hour trading volume of $285 million, TON continues to stand out among large-cap layer-one cryptocurrencies.
TONโs weekly chart reveals a symmetrical descending triangle, often signaling a breakout. The Relative Strength Index (RSI) also shows repeated rebounds from the 50% level, suggesting steady market confidence. Furthermore, TON has successfully held its 50-week Simple Moving Average (SMA), adding weight to expectations of an upcoming rebound.
Why You Should Bet on Toncoin in 2025
Toncoinโs momentum is strongly linked to its integration with Telegramโs mini-app ecosystem. Over the past year, the TON blockchain has surpassed $1 billion in stablecoin value, thanks to Tetherโs USDT adoption. With over a dozen active DeFi projects, TON has secured more than $247 million in total value locked (TVL).
Data from IntoTheBlock highlights the role of Telegramโs mini-apps, such as Notcoin (NOT), in driving engagement. These apps have helped TON surpass 5 million daily active users.
Telegramโs strong financial performance has further boosted confidence in Toncoin. In 2024, Telegram achieved annual profitability for the first time, driven by over 12 million premium subscribers.
CEO Pavel Durov announced record revenues exceeding $1 billion, with the company now holding more than $500 million in cash reserves, excluding its crypto holdings.
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Price Analysis: Breakout Likely?
TONโs price is preparing for a major breakout, as it continues consolidating within a triangular pattern on both daily and weekly charts. A breakout above the upper boundary of this pattern could trigger a bull run, potentially pushing the price above $10 in 2025.
On the downside, TON could retest the $4.44 support level before rebounding toward a new all-time high in early 2025. Regardless of short-term movements, the token appears set for significant growth as it builds momentum.
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All eyes remain on Toncoinโs next moveโwill it live up to its growing potential?
FAQs
At the time of writing, the price of 1 TON price wasย $5.66
Yes, with the upcoming bull run for the Layer-1 projects, this #13th position altcoin is expected toย outperformย major cryptocurrencies during the coming time.