TON Token Surges 5.71% as Ecosystem Upgrades and DeFi Incentives Drive 382% Volume Spike

Toncoin (TONUSDT) experienced a 5.71% price increase over the past 24 hours, rising from an open of 2.749 to a current price of 2.906 USDT on Binance. This positive price movement is attributed to recent ecosystem developments, including a tenfold improvement in transaction finality speed, deeper integration with the Telegram ecosystem, and new partnerships such as the collaboration with EVAA Protocol for a 100,000 TON DeFi incentive program and integration with LayerZero for cross-chain interoperability. These advancements have driven heightened market interest, reflected in a significant surge in trading volume—up by as much as 382.7% in the last day—despite broader market volatility and a recent monthly downtrend. As of July 5, 2025, Toncoin’s market capitalization stands between $7.16 billion and $7.43 billion, with a circulating supply of approximately 2.47 to 2.5 billion TON tokens, positioning it as a leading asset in the layer-1 blockchain sector.