The reasons for the recent rebound of #TON反弹 TON are mainly as follows:
- Founder-related: On March 15, 2025, Pavel Durov, the founder of Telegram, was allowed to leave France for Dubai. This news eliminated the judicial uncertainty caused by his previous arrest, leading investors to believe that the stability and credibility of the TON ecosystem would be enhanced, driving a 50% rebound in TON's price.
- Technical advantages: TON has a unique consensus mechanism that achieves high throughput, can handle a large number of transactions, supports smart contracts and decentralized applications, providing a platform for developing complex applications, and its technological innovations have attracted market attention.
- Ecological development: The trading volume of stablecoins on the TON blockchain has exceeded $1 billion in less than a year since Tether integrated USDT. With dozens of DeFi projects, its total locked value (TVL) has grown to over $247 million, and the development of the ecosystem supports its price.
- Market sentiment and public perception: TON is traded in 265 active markets with a 24-hour trading volume of about $608 million. The high market activity and trading volume reflect strong market interest and positive expectations for TON. Positive news coverage and community activities also help to enhance its visibility and appeal.
- Global cryptocurrency market influence: When mainstream cryptocurrencies like Bitcoin perform well, it boosts the sentiment of the entire crypto market, positively affecting TON as well. Recently, Bitcoin has returned to the $100,000 mark, and Hong Kong's crypto concept stocks have strengthened, providing a favorable market environment for the price increase of TON.