An interesting dynamic in the TON ecosystem: as the TON price increases, the amount of coins locked in staking decreases. This indicates that investors, noticing the increase in price, are quickly withdrawing coins from staking for trading.

This was especially noticeable in March 2024: the Staking TVL Ratio dropped significantly when the TON price reached new heights. Funds began to move to centralized and decentralized exchanges such as Ston.FI and Dedust.

Recently, the Staking TVL Ratio has again reached low levels, coinciding with the local bottom of the TON price. This is explained by the increase in liquidity for trading.

🔸Demand for liquidity: Withdrawal of funds from staking increases the demand for the token, raising the price.

🔸Flexibility: Investors avoid locking coins during volatility.

The Staking TVL Ratio is becoming a valuable indicator of market behavior, signaling a potential price increase and a change in investor strategy.