Key takeaways:
Toncoin (TON) has dropped 24% over the last 30 days and is up 1,295% since inception. Looking ahead, TON is anticipated to trade higher. It will cross the $10 mark in 2028 and $20 in 2030.
TON (The Open Network) is a decentralized protocol designed by Telegram and created by the community. The protocol is designed as a distributed supercomputer, or “super server,” that consists of TON Blockchain, TON DNS, TON Storage, and TON Sites. The native token for the network is called Toncoin.
“Will TON ever go up? Can TON reach the $10 mark? Where will TON be in five years?” These are the questions traders and investors ask. Let’s answer them and more in our Toncoin price prediction.
Cryptocurrency | Toncoin |
Ticker | TON |
Current price | $5.71 |
Market cap | $14,471,038,682 |
Trading volume | $302,081,685 |
Circulating supply | 2,535,825,628 |
All-time high | $8.24 on Jun 15, 2024 |
All-time low | $0.3906 on Sep 20, 2021 |
24-hour high | $5.81 |
24-hour low | $5.57 |
Metric | Value |
Volatility (30-day variation) | 6.19% |
50-day SMA | $5.85 |
200-day SMA | $5.55 |
Sentiment | Bearish |
Fear and greed | 59 (Greed) |
Green days | 16/30 (53%) |
Following Pavel Durov’s condemnation of his arrest and release, market sentiment has shifted positively towards Toncoin. The value of the Telegram-linked asset has surged 1.85% over the past 24 hours.
TON’s surge aligns with the percentage of its total supply held in profit, now at a monthly high, rising by almost 50% from the month’s low registered on September 8. The recovery came as a correction following Durov’s arrest in August.
Toncoin supply in profit. Source: Santiment
A surge in an asset’s supply in profit indicates that a significant portion of its circulating supply is now valued higher than when it was originally acquired. Data from IntoTheBlock further strengthens the sentiment, showing that most addresses that bought the cryptocurrency last month are hodling it, resisting the urge to sell.
Defillama shows TON’s total value locked (TVL) is now rising from a recent drop to $324 million. It is now at $428 million, still shy of the year’s high of $774 million.
TON Total Value Locked. Source: Defillama
TON/USD 1-day chart. Image source: TradingView
The daily chart highlights TON’s recovery after Durov’s arrest and release with the formation of green engulfing candles. Notably, its volatility is dropping, as shown by the converging William Alligator trendlines, and has registered positive momentum over the last eleven days.
Period | Value ($) | Action |
SMA 3 | 6.02 | SELL |
SMA 5 | 5.76 | SELL |
SMA 10 | 5.65 | BUY |
SMA 21 | 5.44 | BUY |
SMA 50 | 5.85 | SELL |
SMA 100 | 6.46 | SELL |
SMA 200 | 5.55 | BUY |
Period | Value ($) | Action |
EMA 3 | 5.60 | BUY |
EMA 5 | 5.78 | SELL |
EMA 10 | 6.04 | SELL |
EMA 21 | 6.25 | SELL |
EMA 50 | 6.54 | SELL |
EMA 100 | 6.48 | SELL |
EMA 200 | 5.73 | SELL |
Our analysis shows the current sentiment is bearish, while the Fear and Greed Index shows greed among investors. Further analysis shows that TON is moving into consolidation after a bullish run in the last few days.
The Open Network enables rapid transactions and supports various decentralized applications. The network’s association with Telegram is fast-tracking the onboarding of new users into web3. According to our price predictions, TON is set to make more records in the future.
Our analysis shows the current sentiment is bearish, while the Fear and Greed Index shows extreme fear among investors. The charts show TON is extending a bear run.
TON is trading at its lowest this month, and the rest of the crypto market also dropped below $2 trillion capitalization. The drop in TON value could be attributed to the slump in the crypto market.
Yes, TON should rise above $10 in 2028. The move will come as the market recovers to previous highs.
Per the Cryptopolitan price prediction, TON is unlikely to reach $100 before 2030.
Per the Cryptopolitan price prediction, TON is unlikely to reach $1000 before 2030.
According to Cryptopolitan price predictions, TON is set to trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.
Bitget and Foresight Ventures have revealed they are committed to a record $30 million investment into The Open Network to propel its ecosystem forward. The investment will entail buying TON tokens and aligning them with the network’s governance and vision of quickly expanding new dapps to the marketplace.
TON will break above the $8 resistance. The TON September price prediction will range between $5.21 and $7.38. It will average at $5.78.
Month | Potential Low ($) | Potential Average ($) | Potential High ($) |
September | 5.21 | 5.78 | 7.38 |
As the second half of 2024 unfolds, TON remains bullish, as evidenced by the price registering higher highs. The price will range between $2.51 and $7.38. The average price for the month will be $5.62.
Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
2024 | 2.51 | 5.62 | 7.38 |
Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
2025 | 3.53 | 3.66 | 4.45 |
2026 | 5.24 | 5.42 | 6.19 |
2027 | 7.74 | 7.96 | 8.97 |
2028 | 11.02 | 11.34 | 13.45 |
2029 | 16.18 | 16.64 | 19.17 |
2030 | 23.35 | 24.18 | 28.25 |
The Toncoin price forecast for 2025 set the high at $4.45. However, when the market corrects, TON will reach a minimum price of $3.53 and an average of $3.66.
The year 2026 will experience more bullish momentum. According to the TON price prediction, it will range between $5.24 and $6.19, with an average trading price of $5.42.
The TON prediction climbs even higher into 2027. According to the prediction, Toncoin’s price will range between $7.74 and $8.97, with an average price of $7.96.
The analysis suggests a further acceleration in TON’s price. TON will trade between $11.02 and $13.45. It will average at $11.34.
According to the TON price prediction for 2029, the price of TON will range between a minimum of $16.18, a maximum of $19.17, and an average of $16.64.
The TON price prediction for 2030 indicates the price will range between $23.35 and $28.25. The average price of Toncoin will average at $24.18.
TON price prediction 2024-2030
Firm | 2024 | 2025 | 2026 |
DigitalCoinPrice | $12.43 | $14.53 | $20.21 |
Swapspace | $6.17 | $7.48 | $2.95 |
Gate.io | $5.52 | $5.93 | $6.85 |
Our predictions show TON will achieve a high of $7.38 in the second half of 2024. In 2025, it will range between $3.53 and $4.45, with an average of $3.66. In 2030, it will range between $23.35 and $28.25, with an average of $24.18. Note the predictions are not investment advice. Seek independent professional consultation or do your research.