$TON is the native token of the TON blockchain, powering activities within the ecosystem, emphasizing fast payment settlements, user-friendly dApps, and low transaction fees. It secures its network through a PoS consensus mechanism, ensuring the reliability of the ecosystem. Recently, the price of TON rose by more than 3% in 24 hours, thanks to Binance's announcement that it will be listed on the exchange. This news, as well as the ability to withdraw tokens after 24 hours, drove the price increase. TON has demonstrated strong liquidity, with its market capitalization reflecting strong trading volume and overall stability. Currently, the token is trading near its cycle highs with an RSI of 49.6, indicating that sideways trading is likely in the short term