TON Blockchain Upgrade Achieves 10x Speed Increase
- Transaction Speed Boost: Pavel Durov announced that the TON blockchain has achieved a 10x speed increase following its latest upgrade, with block production rising 6x and transaction times reduced to about one second, significantly enhancing user experience and strengthening payment and app capabilities within the Telegram ecosystem.
- Mainnet Upgrade Timeline: The TON mainnet is set to achieve sub-second finality on April 10 through Catchain 2.0, supporting instant payments, quicker trades, and responsive Mini Apps, which is expected to attract more users and increase platform engagement.
- Fee Reduction Expectations: Durov mentioned that the next planned step will cut TON transaction fees by 6x, although specific fee levels have not been disclosed; this initiative is likely to further enhance user willingness to transact and promote more frequent transactions within the platform.
- Ecosystem Expansion: This upgrade aims to meet the demands of Telegram's over 1 billion users by reducing latency, making in-app payment experiences smoother, and is expected to drive more developers to innovate using TON, thereby increasing the overall value of the ecosystem.
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Technical Analysis for TIME
Technical Sentiment Analysis for Chrono.tech (TIME). As of , Chrono.tech (TIME) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TIME 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, TIME 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 $-.
Chrono.tech (TIME) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.426 | 1.763 | 2.009 | 2.346 | 2.592 | 2.929 | 3.175 |
| Fibonacci | 1.763 | 1.986 | 2.123 | 2.346 | 2.569 | 2.706 | 2.929 |
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