🚀🚀🚀 Can #Toncoin ($TON ) Break $10 by 2025? Key Drivers to Watch
Toncoin (TON) Signals Recovery Amid Market Correction
- Toncoin (TON) is showing resilience as it holds steady at $5.61, despite Bitcoin’s ($BTC ) drop below $94k. Maintaining its momentum, TON has retained critical support levels for months. With a fully diluted valuation of $27.6 billion and $285 million in daily trading volume, TON hints at a bullish breakout.
Technical Highlights
- Forming a symmetrical descending triangle on the weekly chart.
- RSI rebounds around 50%, supported by a bounce from the 50-week SMA, signaling potential upward momentum.
Ecosystem Growth
Toncoin’s web3 ecosystem, heavily backed by Telegram, continues to expand:
- Over $1B in #Stablecoins added following Tether integration.$247M in Total Value Locked (TVL) across DeFi projects.
- Surpassing 5M daily active users, fueled by mini apps like Notcoin (NOT).
Telegram’s Impact
- $1B revenue in 2024, with 12M+ premium subscribers.$500M+ in cash reserves (excluding crypto holdings).
- Seamless integration of mini apps drives TON adoption and activity.
2025 Price Scenarios
- Bullish: Breaking above the triangle could push TON beyond $10.
- Bearish: A retest of $5 before rebounding to new highs in H1 2025.
With robust technical signals, ecosystem growth, and Telegram’s strategic support, Toncoin remains a top contender for 2025.
