TON Token Surges 9.77% as $28.5M Funding, LayerZero Integration, and NFT Growth Drive Momentum

Toncoin (TON/USDT) experienced a notable price increase in the last 24 hours, rising 9.77% from a 24h open of 2.743 to a current price of 3.011 on Binance. This price surge can be attributed to several positive developments, including The Open Platform’s recent $28.5 million Series A funding round at a $1 billion valuation, ongoing NFT trading activity, and significant ecosystem advancements such as the integration with LayerZero for cross-chain connectivity and the launch of TON Teleport BTC for Bitcoin transfers. Additionally, the introduction of the $5 million "Synergy" accelerator program has further strengthened market sentiment. Trading volume remains high, reflecting increased investor interest, and Toncoin’s market capitalization is estimated between $6.74 billion and $7.22 billion, with a circulating supply of approximately 2.47–2.5 billion TON.