$TON Toncoin is the native token of The Open Network (TON), originally developed by Telegram, aimed at creating a high-speed, scalable blockchain that supports decentralized applications (dApps) and smart contracts. The main uses of Toncoin include paying transaction fees on the network and staking to secure the network and earn rewards. According to the latest data, the current price of Toncoin is $1.11, with a market capitalization of $149 million and a 24-hour trading volume of $1.5379 million. The architecture of the TON network allows for processing millions of transactions per second, designed to solve the scalability issues of existing blockchains.