TON is poised for a price increase, fueled by a change in investor sentiment and positive signs from the market.
Although the price has dropped recently, experts say it could rise again, possibly reaching $7.80.
Ton enhances affordability and accessibility
The open network recently implemented a significant reduction in transaction fees, making Ton more accessible to users. The fee has been reduced by 2.5 times to improve network scalability and attract new users
Ton transactions are currently priced according to their dollar value. Initial transactions cost 0.06 USD, while subsequent transactions cost 0.04 USD, allowing for more cost-effective use of the network
In a move to further stimulate investor interest, TON distributed 20,630 TON tokens to JVT holders and ANON traders via an airdrop. This distribution contributed to a heightened sense of enthusiasm within the Ton community
TON holding behavior shows growing trust
The average age of Tons, a measure that reflects investors' holding behavior, is on the rise. This shows that investors are increasingly choosing to hold onto their TON investments
Analysis of the spread and market valuation reveals potential buying opportunities. This indicates that despite current market valuations, there may still be room for growth
Ton is currently trading at 5.5, with a potential breakout above the $7.0 resistance level. If the breakout occurs, it could lead to a significant rally, with a target of $7.80 not far away