Toncoin price crashes to a crucial support, gets oversold
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Mar 06 2025Toncoin Price Decline: Toncoin has experienced a significant sell-off, dropping 65% to $2.90, marking its lowest level since March 11, amid concerns about its ecosystem and declining network activity.
Weak Ecosystem Metrics: The TON Blockchain is facing challenges with a sharp decline in daily transactions and active wallets, alongside a drop in total value locked from over $1 billion to $153 million, indicating a weakening user base and market performance.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
