On a day when most cryptocurrencies are showing red charts, Toncoin ($TON ) continues to grow steadily, attracting the interest of investors and analysts. As of August 3, 2025, TON is trading at $3.72, which is +2.8% higher than the previous day amidst a general market decline.
TON against the market: what is the secret?
Despite many tokens losing positions due to macroeconomic uncertainty, TON demonstrates resilience and positive dynamics. Reasons for this growth:
- Integration with Telegram: TON is actively used in the Telegram ecosystem, particularly in Play-to-Earn and DeFi bots, which stimulates demand.
- High user engagement: In July 2024, the TON network processed over 4.8 million transactions and had 24 million active users, setting a record.
- Stable TVL: The total value locked (TVL) in the TON ecosystem reached $300 million at the beginning of 2025, with over $200 million allocated to liquid staking.
Risks and warnings
Although the growth of TON looks convincing, some technical indicators signal potential overbought conditions:
- Divergence between price and address activity indicates a lack of organic demand.
- The MVRV index exceeds 1, which may indicate a willingness of some investors to lock in profits.
- Chaikin Money Flow shows a decline, which may foreshadow a correction.
$TON Today, it is an example of a local leader capable of growing even in unfavorable conditions. Its integration with Telegram, active ecosystem, and stable capital make it an interesting option for long-term investors. At the same time, short-term speculation remains risky — the market has yet to determine its direction.