TON Surges 3.7% on DeFi DAO Launch, AI Infrastructure Developments
It is up 3.7% over the last 24 hours to $1.605, buoyed by increasing trading volumes and significant ecosystem news releases. ????
Key highlights:
STON.fi is the largest DeFi protocol within TON and launched the network’s first fully on-chain DAO that lets users make governance decisions and vote with an entitlement to ARKENSTON tokens.
Cocoon is a decentralized AI platform on TON that allows renting unused GPU power for $TON. The first big customer is Telegram, using the platform for confidential message translation.
Trading activity surged 16% above the 7-day average, with volume at breakout 67% above the 24-hour average, signifying a strong market interest in the asset.
These developments place TON as a privacy-first, AI-enabled infrastructure layer while driving engagement through on-chain governance. The next price target is near $1.6150.
#TON #DAO #Blockchain #CryptoNews #Write2Earn $TON
