High Demand Pushes TON Beyond $3 Threshold

Toncoin Clears $3 Resistance as Buyers Absorb Dip, Highlighting Strong On-Chain Momentum

Toncoin (TON), the native asset tied to Telegram’s expanding crypto ecosystem, has reclaimed the $3 level after staging a swift rebound from a brief pullback — a move supported by robust volume and fresh technical strength.

After forming a reliable support zone in the $2.94–$2.96 range, TON jumped 1.5% over the past 24 hours, reaching an intraday high above $3 before facing minor resistance. Despite underperforming the broader CoinDesk 20 Index — which rose 3.6% in the same timeframe — TON’s price action suggests resilience amid increased investor interest.

Key Technical Developments:

Initial support was established between $2.94 and $2.96 before buyers stepped in to push TON past the $3 psychological threshold.
A volume surge exceeding 1.8 million tokens helped confirm the breakout, although a subsequent pullback to $2.98 tested trader conviction.
The retracement was quickly reversed, with renewed buying volume nearing 3 million tokens, indicating strong demand around $2.98–$3.00.
TON now appears to be forming a new accumulation range between $3.00 and $3.01, setting the stage for a potential sustained breakout.
The asset’s consistent ability to reclaim key levels despite broader volatility underscores its growing appeal within the altcoin market.

With investor appetite building around Toncoin’s ecosystem — which benefits from its Telegram user base and recent developer interest — the $3 level could serve as a launchpad if broader crypto sentiment holds up.