Share this article
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.
Updated Jun 20, 2025, 2:38 p.m. Published Jun 20, 2025, 2:38 p.m.
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.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
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.
More For You
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
Bitcoin will be 'top performer' in 2026 after getting crushed this year, says VanEck
VanEck's David Schassler expects gold and bitcoin to rebound sharply as investor demand for hard assets is expected to rise.
What to know:
- Bitcoin has underperformed compared to gold and the Nasdaq 100 this year, but a VanEck manager predicts a strong comeback in 2026.
- David Schassler, the firm's head of multi-asset solutions, expects gold's surge to continue to $5,000 next year as fiscal "debasement" accelerates.
- Bitcoin will likely follow gold’s breakout, driven by returning liquidity and long-term demand for scarce assets.
Top Stories
