BTC
$104,850.02
+
0.65%
ETH
$2,512.27
+
0.52%
USDT
$1.0001
–
0.03%
XRP
$2.1544
+
0.20%
BNB
$646.08
+
0.85%
SOL
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+
1.51%
USDC
$0.9999
–
0.01%
TRX
$0.2742
+
0.12%
DOGE
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–
0.13%
ADA
$0.5940
+
0.26%
HYPE
$36.39
–
0.12%
WBT
$49.22
–
0.12%
BCH
$486.41
+
0.33%
SUI
$2.8021
+
0.00%
LINK
$12.97
+
0.10%
LEO
$8.8662
–
0.07%
XLM
$0.2483
–
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AVAX
$18.00
+
1.55%
TON
$2.9964
+
1.92%
SHIB
$0.0₄1164
+
1.22%
By Oliver Knight, CD Analytics
Updated Jun 20, 2025, 2:38 p.m. Published Jun 20, 2025, 2:38 p.m.
- TON cryptocurrency has surpassed the $3 price mark with a 2.33% gain over 24 hours, showing strong bullish momentum and institutional accumulation.
- WhatsApp’s testing of advertisements is driving users toward Telegram’s ad-free platform, potentially increasing adoption of the TON ecosystem.
- Toncoin has secured its position among top cryptocurrencies with a 140% price jump in 2024, with analysts projecting it could reach $6.48 by 2025 and potentially $49.22 by 2030.
The Telegram-native cryptocurrency TON has broken through the psychologically significant $3 barrier, demonstrating robust momentum with exceptional trading volume nearly triple the period average.
This surge coincides with growing interest in Telegram’s ecosystem as WhatsApp begins implementing advertisements, positioning TON as a beneficiary of the shift toward ad-free, crypto-integrated messaging platforms.
STORY CONTINUES BELOW
Despite recent volatility, TON has established strong support levels while maintaining its upward trajectory, reflecting increased institutional participation and growing adoption of Telegram’s blockchain infrastructure.
Technical analysis
- Clear uptrend formation with higher lows and higher highs, breaking through key resistance at $2.97 on exceptional volume.
- Strong support established at $2.94, with new support level forming at $2.982 after recent volatility.
- High-volume trading during the 8:00 hour saw over 3 million in volume, nearly triple the period average, suggesting institutional accumulation.
- V-shaped recovery pattern formed during recent volatility with high volume spikes during both selloff (75,822 units) and recovery phases (92,561 units).
- Successful reclaiming of the $2.995 level after correction reinforces overall bullish momentum.
Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings.
CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets.
All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data and other sources to create timely market reports, with all external sources clearly attributed within each article.
CoinDesk Analytics operates under CoinDesk’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about CoinDesk’s approach to AI-generated content in our AI policy.
