Toncoin Price
Toncoin (TON) is the native asset of The Open Network, a fast, scalable layer-1 blockchain originally designed by the team behind the Telegram messaging app and now developed by an independent community and foundation.
Market data via Binance · signals computed live from daily closes · not financial advice.
Key market insights
A plain-language read of live indicators computed from daily closes — these describe current price behaviour, not a forecast.
Technical analysis
Moving averages, momentum and support/resistance from daily closing prices — a snapshot of current structure, not a forecast.
Historical performance
52-week high and low with trailing returns across time windows. Computed from up to 365 daily closes.
Automated observations
Generated mechanically from current market data (volatility, trend, distance from highs) — descriptive, not advice.
Strengths · tailwinds
- MACD is above its signal line — near-term momentum is upward.
Risks · headwinds
- Trading 57% below its 52-week high — well off recent peaks.
- Max drawdown of -66% over the window — has endured deep peak-to-trough losses.
Supply structure
Toncoin has no fixed maximum supply. Circulating supply is a curated estimate used to derive market cap.
Toncoin derivatives
Live perpetual-swap metrics. Funding is the periodic payment between longs and shorts; open interest is the total value of outstanding contracts. Informational — not a recommendation to trade leveraged products.
Source: Binance Futures · funding shown per 8h and annualised. Leveraged products carry high risk; informational only.
Convert Toncoin to US Dollar
Two-way TON ↔ USD at the live Binance price. Type an amount in either field, or tap a preset.
About Toncoin
Toncoin (TON) is the native asset of The Open Network, a fast, scalable layer-1 blockchain originally designed by the team behind the Telegram messaging app and now developed by an independent community and foundation.
TON’s defining feature is its close relationship with Telegram, whose large user base can access TON wallets and blockchain-based “mini-apps” directly inside the messenger. This distribution advantage has driven a wave of activity, payments and consumer applications on the network. TON is used for fees, staking and in-app payments.
That Telegram link is both TON’s biggest opportunity and a source of concentration risk, and the network is younger than rivals like Ethereum. TON is volatile like all crypto assets.
The story
Toncoin powers The Open Network, a fast layer-1 tightly integrated with Telegram, where hundreds of millions of users can reach TON wallets and mini-apps directly in the app. TON pays fees, stakes and settles in-app payments.
The context
TON’s Telegram distribution is a genuinely rare edge — and a concentration risk, since much of its momentum depends on one platform. It is younger and less battle-tested than the majors. TON is volatile.
The Digital Take is reasoning and data from the Bitcoin Digital Editorial team — context, not a buy or sell call. Not financial advice.
Toncoin vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| Toncoin TON | $1.60 | +0.95% | $5.55B |
| BNB BNB | $572.38 | -0.41% | $80.13B |
| XRP XRP | $1.09 | -0.95% | $63.50B |
| Solana SOL | $76.24 | -2.01% | $36.21B |
| TRON TRX | $0.3299 | -0.12% | $28.57B |
| Monero XMR | $323.57 | +0.05% | $5.97B |
Toncoin FAQ
What is Toncoin?
Toncoin (TON) is the native asset of The Open Network, a layer-1 blockchain associated with Telegram. It is used for fees, staking and in-app payments.
How is TON related to Telegram?
The Open Network was originally designed by Telegram’s team and is now community-run. Telegram integrates TON wallets and blockchain mini-apps, giving TON a large potential user base.
What is TON used for?
TON pays transaction fees, secures the network through staking, and settles payments within Telegram-based applications.
Is Toncoin a good investment?
Bitcoin Digital does not give financial advice. TON is volatile and carries concentration risk around Telegram. Do your own research.
Where does Bitcoin Digital’s Toncoin price come from?
Live price, 24-hour change and volume come from Binance market data; market cap is the live price multiplied by a curated circulating-supply figure.