Here's the latest Toncoin news update:
*Market Update*
- Toncoin is currently trading at $3.47, with a 0.78% increase today. The market cap stands at $9.14 billion.
- Some predictions suggest Toncoin could reach $100 in the future, while others forecast a potential breakout above $5.
*Recent Developments*
- *Coinbase Ventures Investment*: Coinbase Ventures has invested in Toncoin, purchasing tokens directly from Telegram. This strategic move underscores confidence in TON's ability to bridge mainstream social networking with blockchain-based services.
- *Verb Technology's $558M Private Placement*: Verb Technology has completed a $558 million private placement to establish Toncoin as its primary treasury reserve asset. This deal positions Verb as the first publicly traded company to hold Toncoin.
- *TON Dataset on AWS*: The TON dataset is now available on AWS Public Blockchain Platform, enhancing analytics capabilities .
*Partnerships and Integrations*
- *Bubblemaps Integration*: Bubblemaps has integrated with TON, enhancing transparency in the Telegram-native blockchain ecosystem.
- *Gate Launches TON-USDT Options*: Gate has launched TON-USDT options, expanding its blockchain derivatives portfolio.
- *MEXC's $1M TON Campaign*: MEXC partnered with TON for a $1 million crypto event, which shattered exchange records with $6.6 billion in trading volume.
*Network Update*
- *TON Blockchain Back Online*: The TON blockchain is back online after a second outage within 24 hours, with Toncoin surging 8% following the news .