#TONRally The surge of TON in 2025, with a weekly volume of $2.1 billion, raises alarms.

It rose 17% in days, but the 89% below its historical peak suggests unfounded euphoria.

Real momentum or market manipulation?

The dependence on Telegram and the lack of clarity in its governance generate skepticism.

For critical analysts, #TONRally is a mirage: without concrete utility, the risk of correction looms. Demand data, not promises.