Toncoin (TON) Jumps to $3.38 as Telegram Integration Sparks Bullish Rally
Toncoin (TON) has climbed to $3.38, posting a 1.84% daily increase, fueled by ecosystem growth and Telegram integration. The uptick follows a $9.5 million funding round for STON.fi, a TON-based decentralized exchange, driving a 38% weekly surge.
Telegram's adoption of TON's blockchain continues to draw institutional interest, creating distinctive use cases that differentiate TON from other layer-1 networks. Despite a minor dip amid market fluctuations, TON shows resilience, with its RSI at 54.65 indicating neutral momentum and potential for further gains.