TON Price Update: Toncoin Remains Steady at $1.62 While Approaching Important Resistance Level

Toncoin Price Movement: Toncoin is currently trading at $1.62, reflecting a 1.53% increase in the last 24 hours, with moderate volatility and a trading range between $1.60 and $1.65.

Nexton Solutions Funding: Nexton Solutions has raised $4 million in a funding round led by South Korean payment firm Danal, with additional support from various investors and the TON Foundation.

Technical Analysis: The TON chart indicates an ascending triangle pattern, suggesting a potential breakout as the price approaches the $1.616 resistance zone.

Market Position: Toncoin ranks 27th by market cap at $4.05 billion, with a circulating supply of 2.49 billion TON, indicating sustained interest despite a drop in trading volume.