Telegram Takes Over Toncoin Network Validation with $2.88M Stake
- Durov's Strategic Shift: Telegram founder Pavel Durov announced the transition to replace the TON Foundation as the primary validator for Toncoin, staking approximately $2.88 million to become the network's largest validator, marking the next phase of his 'Make TON Great Again' roadmap.
- Toncoin Price Surge: Following Durov's announcement, Toncoin's price surged by 33.8% within 24 hours, indicating a positive market response to Telegram's new strategy, while network fees have dropped to near-zero levels, enhancing user experience.
- Record Transaction Volume: According to Token Terminal data, TON closed April with approximately 67 million transactions, its strongest monthly tally for 2026, with net staking inflows hitting about $191.83 million in a single day, marking the largest single-day inflow in nearly four months, reflecting a resurgence in market risk appetite.
- Future Development Plans: Durov's roadmap includes launching an updated website and developer tools within two to three weeks, with a governance test scheduled for June where validators will vote on reducing block rewards to address rising inflation, ensuring the network's long-term stability.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for TON
Technical Sentiment Analysis for Toncoin (TON). As of , Toncoin (TON) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 6 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TON stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, TON is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Toncoin (TON) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.612 | 0.337 | 1.009 | 1.958 | 2.63 | 3.579 | 4.251 |
| Fibonacci | 0.337 | 0.956 | 1.339 | 1.958 | 2.577 | 2.96 | 3.579 |
About TON
About the author
