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TON 24-hour surge of 12%, becoming the market focus**
Recently, TON (The Open Network) has performed brilliantly, with a 12% increase within 24 hours, leading mainstream cryptocurrencies. Market analysis suggests that this rise is mainly driven by the growth of ecological applications and institutional accumulation.
Data shows that the number of active addresses on the TON chain increased by 30% week-over-week, with significant contributions from payment and gaming DApps. At the same time, well-known investment institutions have recently increased their holdings in TON, signaling positive momentum. On the technical front, TON has broken through the key resistance level of $4.8, and if it maintains this level, it could further test the high of $5.5.
Analysts point out that the deep integration of the TON ecosystem with Telegram remains a core advantage, but caution is needed regarding market volatility risks. In the short term, if it retraces to around $4.5, it may present a buying opportunity.
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