The post Decoding Toncoin’s 10% rally and what Telegram’s U.S. wallet means next appeared on BitcoinEthereumNews.com. Toncoin [TON] is starting to pick up steamThe post Decoding Toncoin’s 10% rally and what Telegram’s U.S. wallet means next appeared on BitcoinEthereumNews.com. Toncoin [TON] is starting to pick up steam

Decoding Toncoin’s 10% rally and what Telegram’s U.S. wallet means next

Toncoin [TON] is starting to pick up steam.

With Telegram rolling out the network’s self-custodial wallet in the U.S., the community is taking notice! DeFi numbers may be modest for now, but the price gains are nothing to scoff at.

A breakout after a slow start

TON has climbed over the past week, an almost 10% surge; buyers stepped back in after a mid-month dip.

Source: TradingView

The price bounced from the $1.45-$1.50 zone and pushed toward $1.63, breaking above short-term resistance. RSI has showed strength improving, while the MACD flipped bullish. Price also moved toward the upper Bollinger Band, so volatility is increasing too.

While it’s not an explosive rally, looks like there’s more to come.

Wallet push changes the game

The move up happened in tandem with Telegram’s move to launch its self-custodial wallet in the U.S. For the first time, American users can send, swap, and store crypto directly inside a mainstream messaging app!

Source: X

Most blockchains haven’t managed to lower friction the way this has. With access to TON, Tether’s USDT [USDT], NFTs, and the wider TON ecosystem built directly into Telegram, usage will become part of everyday messaging.

It’s not quite there yet

While price went up, supported by strong developments in the real-world scene, the network itself looks a bit tame.

Source: DeFiLlama

TON’s DeFi TVL was around $85 million at the time of writing, still well below its earlier highs. Large capital hadn’t rushed in yet.

However, Stablecoin Supply remained strong near $960 million. Daily App Revenue and Fees looked very consistent. This goes to say that users are active, even if there isn’t much locking of funds long-term.

Activity is building at the base, but liquidity is taking its own sweet time to follow.


Final Thoughts

  • Toncoin jumped nearly 10% in a week; Telegram’s U.S. wallet launch boosted interest.
  • Network usage is steady, but liquidity needs to catch up.

Source: https://ambcrypto.com/decoding-toncoins-10-rally-and-what-telegrams-u-s-wallet-means-next/

Market Opportunity
Union Logo
Union Price(U)
$0.001194
$0.001194$0.001194
+6.03%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Denver Broncos’ Patrick Surtain II And Detroit Lions’ Terrion Arnold Talk About Their New Podcast & Nick Saban

Denver Broncos’ Patrick Surtain II And Detroit Lions’ Terrion Arnold Talk About Their New Podcast & Nick Saban

The post Denver Broncos’ Patrick Surtain II And Detroit Lions’ Terrion Arnold Talk About Their New Podcast & Nick Saban appeared on BitcoinEthereumNews.com. Alabama Crimson Tide greats Patrick Surtain II and Terrion Arnold are debuting a new podcast called “Closed On Sundays.” (Photo by Justin Edmonds/Getty Images) Getty Images Patrick Surtain II and Terrion Arnold may not have played at the same time with the Alabama Crimson Tide, but they share a lot in common during their NFL careers. The two standout cornerbacks not only played at Alabama, they did so under legendary head coach Nick Saban. That path that started in Tuscaloosa led to both players being selected in the first round of the NFL draft, where they now serve as the No. 1 cornerbacks of their respective teams. In Surtain II’s case, he’s the reigning Defensive Player of the Year and regarded as one of the top overall players as a member of the Denver Broncos. In Arnold’s case, he’s coming off of a solid rookie campaign with the Detroit Lions. Considering their backgrounds, it’s no surprise that the two are pairing up to form their first podcasts together called “Closed On Sundays.” The weekly series will see the two share stories from an on-field perspective and behind the scenes, along with featuring weekly guests. It’s an interesting dynamic considering the 25-year-old Surtain II – even though he’s the more established of the duo – is more reserved whereas as the 22-year-old Arnold is more outspoken and is not afraid to give headline-worthy quotes. The Lions cornerback arguably gave the quote of the year shortly after he was drafted when he said he would jam his mom into the dirt if she lined up across him as a receiver. “It meshes well because Terrion may say the things that I may not say or may not come out of my mouth,” says Surtain II in a one-on-one interview. “It’s good to…
Share
BitcoinEthereumNews2025/09/19 00:29
Fraudulent Token Scheme Smashed as Judge Delivers Crushing $3.34M Blow

Fraudulent Token Scheme Smashed as Judge Delivers Crushing $3.34M Blow

The post Fraudulent Token Scheme Smashed as Judge Delivers Crushing $3.34M Blow appeared on BitcoinEthereumNews.com. Colorado slams fraudulent crypto scheme with $3.34 million judgment as hype-fueled token collapse exposes lavish misuse of investor funds. Colorado Court Slams Indxcoin Founders With Multi-Million Dollar Fraud Judgment The Colorado Division of Securities announced on Sept. 16 that Denver District Court Judge Heidi L. Kutcher ruled against Indxcoin LLC and its founders, Eli and […] Source: https://news.bitcoin.com/fraudulent-token-scheme-smashed-as-judge-delivers-crushing-3-34m-blow/
Share
BitcoinEthereumNews2025/09/18 12:06
Bitcoin Set For ‘Promising’ Q4, Next Two Weeks Could Be Decisive

Bitcoin Set For ‘Promising’ Q4, Next Two Weeks Could Be Decisive

The post Bitcoin Set For ‘Promising’ Q4, Next Two Weeks Could Be Decisive appeared on BitcoinEthereumNews.com. Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn’t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country’s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about…
Share
BitcoinEthereumNews2025/09/18 23:00