Toncoin (TON) has seen some notable developments and price movement recently. Over the past week, it dropped by about 18%, trading at $4.57 as of the last update. The price is currently testing critical support around $4.54, and if it fails to hold, it could decline further towards $3.99.

However, recent collaborations, such as with Curve Finance, have spurred optimism. Toncoin’s integration with Curve introduces a new stable swap project, which could drive its price upward again. Despite the volatility, some analysts predict a potential recovery, possibly pushing TON back towards $5.41 in the near future.

For investors, it’s essential to watch both technical signals and upcoming news, as TON’s future could be shaped by these collaborations.