TON Jumps 3.7% on STON.fi DAO Launch and Telegram-Backed AI Platform
TON’s price climbed 3.7% to $1.605 over the past 24 hours, driven by rising trading volume and key developments in decentralized governance and AI infrastructure.
Trading activity surged 16% above its seven-day average, according to CoinDesk Research’s technical model, with large-market flows supporting the move.
The increase coincided with the launch of STON.fi’s fully on-chain DAO, the first of its kind on TON. Users staking STON tokens can vote on governance decisions—including upgrades, funding, and protocol parameters—and receive ARKENSTON tokens representing voting power, encouraging long-term participation. STON.fi has processed over 29 million swaps across 5.6 million wallets.
Separately, TON’s AI platform Cocoon allows users to rent idle GPU power for TON, with Telegram as the first major customer powering confidential message translation. The integration positions TON as a privacy-focused infrastructure layer for future apps.
Technically, TON broke past $1.6040 resistance, with the next target near $1.6150, and volume at breakout surged 67% above the 24-hour average.
About The Author
More Stories
Bitcoin rises above $87,000 while the yen weakens after Japan raises interest rates.
XRP falls alongside Bitcoin, which drops back to $85,000 after a surge.
With Bitcoin’s realized cap staying at a record $1 trillion, the four-year market cycle comes under scrutiny.