Toncoin gains momentum as Telegram brings self-custodial wallet to U.S.—but liquidity lags
Toncoin (TON) is picking up steam after a strong week of price action and a high-profile product rollout. With Telegram launching the network’s self-custodial wallet for U.S. users, interest is rising — and the market is responding.
Price and technical picture
- TON jumped nearly 10% over the past week after buyers re-entered following a mid-month dip. The token bounced from the $1.45–$1.50 zone and pushed toward $1.63, clearing short-term resistance (TradingView).
- Momentum indicators have turned more supportive: RSI has improved, the MACD has flipped bullish, and price has trended toward the upper Bollinger Band, signaling rising volatility. It’s not an explosive rally yet, but the setup suggests upside may continue if volume follows.
Why the catalyst matters
Telegram’s U.S. rollout lets millions of users send, swap and store crypto natively inside a mainstream messaging app. The integration includes access to TON, Tether’s USDT, NFTs and other services within the Telegram ecosystem (announcement via X). Few blockchains have seen such seamless friction reduction into everyday apps — that utility could help drive sustained on-chain activity.
On-chain and DeFi metrics
- Total value locked (TVL) in TON’s DeFi ecosystem remains modest, around $85 million at the time of writing — well below the protocol’s previous highs (DeFiLlama). Large capital inflows haven’t arrived in force yet.
- Stablecoin supply on TON is robust, hovering near $960 million, and daily app revenue and network fees are steady. Those figures point to active usage even if long-term liquidity locking is still limited.
Bottom line
Telegram’s wallet rollout is a clear adoption milestone for TON, and recent technicals support a near-term bullish bias. However, capital hasn’t fully followed the on-chain activity—liquidity and TVL remain subdued. If usage continues to rise inside Telegram and larger investors take notice, TON’s fundamentals could strengthen further.
Disclaimer: This content is informational and should not be taken as investment advice. Cryptocurrency trading carries high risk; do your own research before making any decisions. © 2026 AMBCrypto
Read more AI-generated news on: undefined/news
