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TON Breaks $3 Barrier Amid Surging Volume, Riding Telegram's Growth
WhatsApp's ad testing drives users to Telegram, boosting TON's ecosystem as the cryptocurrency shows impressive 140% gains in 2024.
Jun 20, 2025, 2:38 p.m.
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What to know:
- TON cryptocurrency has surpassed the $3 price mark with a 2.33% gain over 24 hours, showing strong bullish momentum and institutional accumulation.
- WhatsApp's testing of advertisements is driving users toward Telegram's ad-free platform, potentially increasing adoption of the TON ecosystem.
- Toncoin has secured its position among top cryptocurrencies with a 140% price jump in 2024, with analysts projecting it could reach $6.48 by 2025 and potentially $49.22 by 2030.
The Telegram-native cryptocurrency TON has broken through the psychologically significant $3 barrier, demonstrating robust momentum with exceptional trading volume nearly triple the period average.
This surge coincides with growing interest in Telegram's ecosystem as WhatsApp begins implementing advertisements, positioning TON as a beneficiary of the shift toward ad-free, crypto-integrated messaging platforms.
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Despite recent volatility, TON has established strong support levels while maintaining its upward trajectory, reflecting increased institutional participation and growing adoption of Telegram's blockchain infrastructure.
Technical analysis
- Clear uptrend formation with higher lows and higher highs, breaking through key resistance at $2.97 on exceptional volume.
- Strong support established at $2.94, with new support level forming at $2.982 after recent volatility.
- High-volume trading during the 8:00 hour saw over 3 million in volume, nearly triple the period average, suggesting institutional accumulation.
- V-shaped recovery pattern formed during recent volatility with high volume spikes during both selloff (75,822 units) and recovery phases (92,561 units).
- Successful reclaiming of the $2.995 level after correction reinforces overall bullish momentum.
