Toncoin (TON) currently holds a notable position in the cryptocurrency market. As of April 29, 2025, it ranks around #16-#19 in terms of market capitalization, which stands at approximately $8.0 - $8.2 billion USD. The price of one TON coin is fluctuating around $3.20 - $3.30 USD.

Over the past 24 hours, TON has shown minor price changes, generally within a +/- 2% range. The 24-hour trading volume is around $140 - $170 million USD, indicating active trading. The circulating supply of TON is approximately 2.51 billion coins, while the total supply is around 5.13 billion coins. Toncoin reached its all-time high in June 2024, trading at over $8.00 USD.

Toncoin is the native cryptocurrency of The Open Network (TON), a decentralized blockchain initially developed by Telegram. It aims to provide fast, secure, and scalable transactions. TON is used for various purposes within its ecosystem, including transaction fees, staking by validators to secure the network, and governance. It also powers decentralized applications (dApps), including NFTs and DeFi projects within the TON blockchain.

#