TON Token Surges 7.75% After $28.5M Funding, Telegram Integration, and DeFi Incentives Boost Activity
Toncoin (TONUSDT) experienced a notable 7.75% price increase over the past 24 hours, rising from 2.748 to 2.961 USDT on Binance. This positive price movement is primarily attributed to recent ecosystem developments, including the successful $28.5 million Series A funding round for The Open Platform (TOP) at a $1 billion valuation, deeper integration with Telegram—such as the launch of an NFT gift marketplace and a TON-based wallet enabling seamless USDT payments—and the introduction of DeFi incentive programs in partnership with EVAA Protocol. These factors have driven heightened trading activity and investor interest, as reflected in robust 24-hour trading volumes and a market capitalization near $7.22 billion. Overall, TONUSDT remains actively traded, supported by expanding use cases within the Telegram ecosystem and continued institutional backing.