Telegram to Lead Development of The Open Network
- Price Surge: Following Telegram founder Pavel Durov's announcement that Telegram will replace the TON Foundation as the main driving force, Toncoin's price surged to between $1.42 and $1.45, reflecting a daily rebound of approximately 7.5%, indicating strong market optimism regarding Telegram's new role.
- Structural Change: Durov stated that Telegram will take a direct role in product direction, validator participation, and technical delivery for TON, marking a significant shift in the operational structure, with a new website and developer tools expected to launch within two to three weeks.
- User Base Growth: The number of TON holders has increased from 2.9 million to 32 million over the past year, with Telegram Mini Apps becoming a major channel for user activity, demonstrating that the expansion of the Telegram ecosystem is driving user growth for the TON network.
- Governance Vote Focus: The upcoming validator vote in June 2026 will address inflation issues, with the Catchain 2.0 upgrade raising projected annual inflation from about 0.6% to roughly 3.6%, as validators will vote on reducing block rewards to stabilize issuance while maintaining network speed and limiting supply dilution.
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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 10 technical signals, shows that 5 indicators are flashing buy, while 5 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 | -0.291 | 0.498 | 1.009 | 1.798 | 2.309 | 3.098 | 3.609 |
| Fibonacci | 0.498 | 0.994 | 1.301 | 1.798 | 2.294 | 2.601 | 3.098 |
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