$TON
As of June 6, 2025, the current price of Toncoin ($TON ) is approximately $3.14 USD. Over the past 24 hours, the price has experienced a decline of about 3.48%. Toncoin's market capitalization stands at around $7.74 billion USD, with a 24-hour trading volume of approximately $310 million USD.
Toncoin has been trading within a range of $2.90 to $3.60 since April 2025, indicating a period of accumulation. Technical analysis suggests a potential breakout, with price targets at $5.73, $6.86, and $7.90, should the upward momentum continue. However, if the price falls below $3.00, there could be downside risks toward $2.50.
Toncoin is the native cryptocurrency of The Open Network (TON), a decentralized layer-1 blockchain initially developed by Telegram and now maintained by the TON Foundation. It is used for various purposes within the TON ecosystem, including transaction fees, staking, and governance.
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