The Toncoin (TON) cryptocurrency recently reached a new all-time high due to the great movement on its network in recent days. In the last seven days alone, the TON token price has increased by 12.4%.

Toncoin managed to break its previous record and reached a price of $8.00 for the first time since the cryptocurrency’s launch. The highest price paid for Toncoin (TON) was $8.25, recorded on June 15. At the time of publication, the price of Toncoin was quoted at US$8.08, up 0.3% in the last 24 hours. Comparatively, the current price of TON is 2.16% lower than the historical peak.

The Santiment platform has seen the rise in popularity of Toncoin in recent days amid the price rise above $8 and the upcoming launch of TapSwap on the TON blockchain. The Telegram messaging platform has been standing out on the digital scene, consolidating itself as a reference for the development and popularization of mini-applications such as Notcoin and TapSwap. NOT is a cryptocurrency on the TON blockchain, launched for users of the “tap to win” game, which is based on Telegram.

Toncoin (TON) is a cryptocurrency that has gained prominence in the crypto market. Toncoin was initially created by the Telegram messaging app team, and the Toncoin network was designed to be high-performance, capable of handling high volumes of applications and transactions.

Blockchain Toncoin emerges in growth and surpasses Ethereum in this metric

The Toncoin (TON) blockchain has been rising to prominence in recent months amid the impressive growth of its network, which recently reached a notable milestone by surpassing Ethereum (ETH) in daily active addresses. The cryptocurrency showed an important recovery, rising 7% in the last 24 hours, trading at a high of US$8.08 today.

Market analysis platform Delphi Analytics has revealed data on the networks, highlighting that TON addresses have been consistently higher than Ethereum addresses across multiples this month. According to the analysis, Telegram’s more than 900 million users silently drove TON’s daily active addresses to overtake Ethereum.

It is worth remembering that, recently, a renowned cryptocurrency analyst revealed a prediction of a potential bullish rally for the cryptocurrency Toncoin (TON) on the horizon. Expert Ali Martinez analyzed TON’s price movement suggesting a breakout of over 40% for the asset soon.


The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.


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