While other major cryptocurrencies like $BNB and $SUI have been dropping badly in the market this week, $TON is still doing well.

As far as we can see, it seems that some Venture Capital firms have bought back $400 Million worth of Toncoin from early investors, which is believed to be related to the news of the TON foundation. It is said that well-known investors such as Sequoia Capital, Ribbit, Benchmark and Kings way are among them, as well as Vy Capital, Draper Associates and Libertus Capital.

https://blog.ton.org/ton-foundation-400m-in-toncoin-investment

This year, after the TON foundation announced a further partnership with Telegram, which has 1 billion monthly active users, TON became the exclusive Blockchain for Telegram Mini Apps.

https://blog.ton.org/ton-telegram-exclusive-partnership-2025

Because of these prospects, even in the current market conditions, $TON is expected to reach the $4.62 resistance level.

However, there is also a possibility of a drop to the support level of $3.32.

#TON #TONFoundation