Recently, the price of TON (The Open Network) has seen a strong rebound, attracting widespread attention from the cryptocurrency market. As the 'favorite child' of the Telegram ecosystem, TON showcases tremendous potential due to its large user base and stickiness. Although its ecosystem development was once hindered by weak infrastructure and traffic bottlenecks, recent developments show that its price has doubled, and market sentiment suggests that this is just the beginning. Analysts point out that if TON can break through the centralization bottleneck and launch breakout applications, it may truly take off. At the same time, retail participation and the cautious attitude of large funds remain key variables. Currently, TON's rebound not only reflects a warming of market confidence but also adds room for imagination regarding its future development.