Toncoin Price Today
- Ranking: #18 (by market capitalization)
- Current Price (TON): $2.80
- 24h Low/High: $2.76 / $2.91
- Market Cap: $6.9B (↑3.54%)
- Trading Volume: $164.5M (↑29.65%)
- Volume/Market Cap Ratio: 0.0238
Key Metrics
| Metric | Value | Change |
|---|---|---|
| Circulating Supply | 2.47B TON | -- |
| Max Supply | -- | -- |
| Total Supply | 2.47B TON | -- |
| Fully Diluted Market Cap | $14.36B | ↑3.54% |
Toncoin (TON) Price Chart & Analysis
The real-time Toncoin price is $2.80, with a 3.54% drop in the last 24 hours and a 3.9% decline over the past week.
👉 Track TON’s live price action here
What Is Toncoin (TON)?
Toncoin is the native cryptocurrency of The Open Network (TON), a decentralized Layer 1 blockchain initially developed by Telegram. After regulatory challenges, the project transitioned to community-led development.
Key Use Cases:
- Powers Telegram mini-apps (e.g., Hamster Kombat).
- Facilitates in-app transactions via Telegram Wallet.
- Used for advertising payments and creator monetization.
How Toncoin Works
Core Mechanics
- Consensus: Proof-of-Stake (PoS) with validator nodes.
- Token Distribution: Initially mined via smart contracts; now relies on staking.
- Inflation Control: ~2% annual inflation, with 50% of transaction fees burned.
Ecosystem Integration
- Telegram advertisers pay in TON.
- Channel owners earn revenue share in TON.
- Supports decentralized apps (DApps) and games.
Toncoin Price History
- 2021: Debuted at ~$0.50, peaked at $4.50.
- 2022: Volatile, ranging from $0.81 to $2.25.
- 2023: Stable around $2.25, dipped to $1.35 mid-year.
- 2024: Surged to $7.94 ATH (June) amid Telegram app hype.
👉 Buy TON on trusted exchanges
Toncoin Supply Dynamics
- Circulating Supply: 2.47B TON
- Total Supply: 5.11B TON
- No max supply, but inflation is capped at ~2% annually.
- Notable Holders: Telegram (10%), TON Foundation, Believers Fund.
Where to Buy Toncoin
Supported Exchanges:
- Bybit
- OKX
- MEXC
Note: Binance does not currently list TON.
FAQs
1. Is Toncoin a good investment?
TON’s utility within Telegram’s ecosystem and growing DApp adoption suggest long-term potential, but its price remains volatile.
2. How is Toncoin different from other cryptos?
Its tight integration with Telegram and focus on mini-apps sets it apart from general-purpose blockchains.
3. Can I stake Toncoin?
Yes! TON uses PoS; users can stake to earn rewards and support network security.
4. Why did Telegram abandon Toncoin?
Due to SEC litigation, Telegram discontinued direct involvement, but the community continued development.
5. What drives Toncoin’s price?
Demand for Telegram apps, crypto market trends, and adoption by influencers/media.
Conclusion
Toncoin combines social media integration with blockchain utility, making it a unique asset. Monitor its ecosystem growth for investment insights.