$TON Toncoin (TON), a cryptocurrency associated with the The Open Network blockchain and deeply integrated into the Telegram ecosystem, has seen notable evolution in recent years.

🔹 Toncoin Price Evolution

Current Price: As of May 31, 2025, Toncoin is trading around $3.10 USD, with a market capitalization of approximately $7.6 billion and a daily trading volume of over $294 million.

All-Time High: Toncoin reached an all-time high of $8.23 on June 14, 2024.

All-Time Low: The lowest recorded price was $0.5194, marking an increase of over 488% from that level.

Recent Performance:

In the last month: -2.75%

In the last 60 days: -24.00%

In the last 90 days: -7.2%

In the last year: -51.67%

🔹 Factors Influencing Toncoin's Evolution

Integration with Telegram: Toncoin is used for payments in Telegram, including for ads, Premium subscriptions, and P2P transfers through the @wallet.

Ecosystem Growth: TON supports DeFi applications such as STON.fi (DEX), liquid staking through KTON, and wallets like Tonkeeper and TON Space, integrated directly into Telegram.

Adoption of Stablecoins: In April 2024, Tether (USDT) launched a native version on TON, facilitating stable transfers within Telegram.

Telegram's Financial Performance: In the first half of 2024, Telegram achieved significant profits from the sale of Toncoin and from an agreement that allowed the exclusive use of Toncoin for purchasing ads by small businesses.

🔹 Conclusion

Toncoin has demonstrated significant growth, supported by its integration with Telegram and the development of a robust ecosystem. However, recent volatility and decline from all-time highs indicate the need for close market monitoring. $TON