Toncoin (TON) Eyes $4.70 Rally as UAE Partnership Sparks Whale Accumulation and Visa Incentives

Toncoin (TON) has become a major focus in the cryptocurrency market after announcing a strategic partnership with the United Arab Emirates. The deal offers long-term stakers eligibility for a 10-year Golden Visa, requiring a $100,000 TON stake locked for three years. This geopolitical incentive has already driven significant on-chain activity, with whale accumulation and derivatives volume surging 235%.

Analysts point to a bullish technical setup, identifying $3.20–$3.80 as the key resistance zone. A breakout could push TON toward $4.70. The UAE initiative adds real-world utility to staking—a factor attracting institutional interest in proof-of-stake assets.

Derivatives markets show growing confidence, with open interest up 22% amid aggressive long positions. The residency-by-staking model represents an innovative blend of crypto economics and geopolitical mobility, potentially setting a trend for other regions.