Decoding the 10% price surge of Toncoin and the next significance of the Telegram wallet in the US

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TON-0,83%

After Telegram officially launched its self-custody wallet in the US, the cryptocurrency community has begun to pay special attention to TON. Although DeFi metrics are still modest, the price movements of TON are truly noteworthy.

Breakthrough after a slow start

In the past week, the price of TON has increased by nearly 10%, reversing the mid-month downtrend thanks to renewed buying interest. The price has surged from the support zone of $1.45-$1.50, approaching the $1.63 mark and surpassing the short-term resistance level.

Giải mã đợt tăng giá 10% của Toncoin và ý nghĩa tiếp theo của ví Telegram tại MỹSource: TradingView The RSI indicator shows that the growth momentum is improving significantly, while the MACD has shifted to a positive trend. Additionally, the price is approaching the upper Bollinger band, indicating increasing volatility.

Although this is not yet a breakout rally, current signals suggest potential for continued expansion in the near future.

Self-custody wallet on Telegram – A user experience revolution

The growth of TON coincides with Telegram’s launch of its self-custody wallet in the US, allowing users to send, trade, and store cryptocurrencies directly within the popular messaging app for the first time. This is a significant step in reducing barriers to blockchain technology adoption for mainstream users.

Giải mã đợt tăng giá 10% của Toncoin và ý nghĩa tiếp theo của ví Telegram tại MỹSource: X The integration of TON, USDT, NFTs, and the entire TON ecosystem into Telegram promises to make cryptocurrency usage a familiar part of daily communication activities.

Great potential but still requires time to explode

Although TON’s price has risen due to positive developments, network activity remains relatively stable, with no signs of a major explosion. The total value locked (TVL) in DeFi on TON is currently around $85 million, still low compared to previous peaks, and large capital flows have not yet fully entered.

Giải mã đợt tăng giá 10% của Toncoin và ý nghĩa tiếp theo của ví Telegram tại MỹSource: DeFiLlama However, the supply of Stablecoins remains high at nearly $960 million, with daily revenue and transaction fees stable, indicating that users are still actively participating despite not committing long-term capital.

Platform activity is gradually strengthening, but liquidity still needs more time to truly accelerate and create significant breakthroughs.

Mr. Giáo

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