As of May 29, 2025, $TON
Toncoin (TON), the native cryptocurrency of The Open Network, is trading at approximately $3.40 USD, reflecting a 12.85% increase over the past 24 hours. The market capitalization stands at $8.49 billion, with a 24-hour trading volume of $899.44 million .
Toncoin has recently broken through the $3.35 resistance level, closing the day at $3.40 with a notable 14.01% gain. This breakout is supported by a 200% surge in 24-hour trading volume, indicating strong market interest .
The price action suggests a bullish trend, with the next significant resistance level at $4.00. A sustained move above the current level could confirm the breakout and target the $4.00 mark in the near term
Short-Term (Next 3 Months):
Analysts predict that Toncoin could reach $10.76 by August 14, 2025, representing a potential increase of 246.62% from current levels. This optimistic forecast is based on current market sentiment and technical indicators .
Long-Term (2025–2030):
Price forecasts for Toncoin in 2025 vary significantly:
Conservative estimates: Around $3.30, suggesting minimal growth.
Optimistic expectations: In the range of $10–15, depending on market conditions and adoption rates.
Investors considering Toncoin should be aware of the following factors:
Market Volatility: Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly.
Technical Indicators: Monitoring support and resistance levels, as well as trading volumes, can provide insights into potential price movements.
Fundamental Developments: Partnerships, technological advancements, and regulatory changes can significantly impact Toncoin's value.
As always, it's essential to conduct thorough research and consider your risk tolerance before making investment decisions.$TON
