#TONRally Toncoin (TON), the main cryptocurrency of The Open Network, has seen a strong price increase recently. This happened after Telegram's founder, Pavel Durov, was allowed to leave France following months of legal restrictions.

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On March 16, 2025, TON was trading at around $3.558, up by 21.64% after reaching a daily high of $3.602. This price surge helped TON surpass Stellar (XLM) in market value, showing its growing importance in the crypto market.

Technical analysis shows that TON has formed an ascending triangle pattern, which is a bullish sign. If it breaks above the $3.37 resistance level and stays above $3.40, the price could rise another 15% to around $3.80.

Traders should keep an eye on these key levels and market news, as they may offer good trading opportunities.