Toncoin Surges 5% Following Catchain 2.0 Upgrade
- Blockchain Upgrade: The deployment of Catchain 2.0 has reduced block creation time on the TON blockchain to 400 milliseconds, enabling payment transactions to settle in approximately one second, significantly enhancing the network's transaction processing capabilities and likely attracting more users and applications.
- Price Surge: Following the upgrade, Toncoin's value increased by over 5% to approximately $1.30, reflecting the market's positive response to this technological advancement, which may drive future investment and trading activity.
- Inflation Expectations: The substantial increase in block production frequency is expected to raise the network's annual inflation rate from 0.6% to 3.6%, which could impact Toncoin's long-term value and the earnings expectations of its holders.
- Market Expansion: Japanese exchange Rakuten Wallet is set to launch Toncoin spot trading on April 15, 2026, further broadening market reach and enhancing Toncoin's acceptance and liquidity among retail traders.
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 3 technical signals, shows that 2 indicators are flashing buy, while 1 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 | 1.057 | 1.156 | 1.267 | 1.366 | 1.477 | 1.576 | 1.687 |
| Fibonacci | 1.156 | 1.237 | 1.286 | 1.366 | 1.447 | 1.496 | 1.576 |
About TON
About the author
