DeFi News : Unlock Market & DeFi Insights • CoinLaw

Toncoin powers The Open Network, a scalable layer‑1 ecosystem deeply integrated into Telegram. TON continues to gain traction in on‑chain finance, driven by Telegram’s massive user base and robust institutional backing. Its role in decentralized payments and staking models makes it relevant across global finance and social tech. Dive in to explore how Toncoin is shaping markets today.

Editor’s Choice

• Live price sits around $3.13, reflecting modest short‑term movement with strong mid‑term stability.
• Market cap stands near $8.05 billion, ranking #28,#29 among cryptocurrencies.
• Circulating supply is approximately 2.57 billion TON tokens.
• Total supply reaches roughly 5.14 billion TON.
• Annual inflation rate hovers around 0.55%, with 3,140 TON burned daily and 88,137 TON minted daily.
• Daily transactions exceed 2.16 million, with 155,000 daily active wallets and 45 million wallets activated since inception.
• Institutional investment shines with a $558 million PIPE via TON Strategy Co., offering a hybrid of appreciation and staking yield (4.86%).

Recent Developments

• TON’s hybrid treasury model attracts major institutional players like Pantera Capital, Kraken, and Blockchain.com.
• As regulatory clarity evolves, the U.S. CLARITY Act has proposed classifying TON and similar digital assets as commodities, while the EU’s MiCA framework includes provisions that support TON’s operational legitimacy under European crypto regulations.
• Telegram integration fuels adoption, TON is now accessible in‑app, broadening DeFi usage via platforms like STON.fi.
• Despite whale dominance controlling 68% of the supply and declining TVL, the institutional bond continues to strengthen.
• TON remains range‑bound recently, down 6% weekly, 13% monthly, but barely –0.5% over six months, trading between $3.00,$3.33.
• Technical pressure mounts via a descending channel pattern, with focus on the $3.00 support level.

Transaction Statistics

• Weekly active transactions reached 3.8 million, a notable 32% jump.
• Daily on-chain transactions hold at 2.16 million, consistent with sustained throughput.
• Total accounts on the network push past 162 million.
• Monthly active wallets tally at roughly 1.78 million.
• On‑chain wallet activations (cumulative) reach 45.96 million.

• Transaction fees spiked 52%, highlighting growing economic activity.
• First‑time user transactions made up 38% of total demand.
• Daily wallet activations track around 43,623, reinforcing onboarding trends.

Trading Volume & Liquidity

• 24-hour trading volume fluctuates between $140 million, $158 million, indicating stable activity.
• CoinGecko reports a 46% day-over-day increase, reflecting heightened short-term interest.
• Exchange liquidity is strongest on HTX ($15.6 million daily), Binance ($13.1 million), and KuCoin ($5.7 million).

Circulating and Total Supply

• Circulating supply stands at 2.57 billion TON.
• Total supply is around 5.14 billion TON, though no maximum cap has been defined.
• Daily minting averages 88,137 TON, while the daily burn rate is about 3,140 TON.

On‑Chain Activity

• Daily transactions average around 2.16 million, reflecting sustained network usage.
• Total on‑chain wallet activations have reached roughly 45.96 million to date.
• Daily new wallet activations hover near 43,623, signaling consistent onboarding.
• Daily active wallets total approximately 155,364, while monthly active wallets reach about 1.78 million.
• In August 2025, active transactions surged 32%, topping 3.8 million in a week.
• Daily active addresses rose 5%, indicating deeper engagement.
• Transaction fees increased 52%, underscoring stronger network utility.
• Approximately 38% of demand came from first‑time users.

Toncoin (TON/USDT) Technical Indicators

• Current Price is $3.159, marking a +0.54% gain in the latest 4-hour candle.
• 24H Price Range fluctuated between $3.132 and $3.160, with modest upward movement.
• Trading Volume recorded at 385.46K TON, signaling steady on-chain activity.
• Alligator Indicator shows tight clustering:
  • Jaw (blue) at $3.137
  • Teeth (red) at $3.127
  • Lips (green) at $3.126
  • This implies low volatility and a potential breakout setup.
• RSI (Relative Strength Index) stands at 53.10, reflecting mild bullish sentiment just above the neutral zone.
• MACD Indicator is bullish:
  • MACD Line: +0.011
  • Signal Line: –0.011
  • Histogram: +0.022
  • This confirms a positive crossover, pointing to early upward momentum.

Active Wallet Statistics

• Total on‑chain activated wallets, 45.96 million.
• Daily wallet activations, 43,623 new users.
• Daily active wallets, 155,364 unique addresses interacting.
• Monthly active wallets: 1.78 million engaged in transactions.
• Total accounts registered on-chain exceed 162 million.
• Active wallets grew 5% in August, reflecting deeper user activity.
• First-time users accounted for 38% of block activity.
• Consistent daily activations and engagement reinforce growing ecosystem adoption.

Adoption and User Growth

• First‑time users contributed to 38% of demand, indicating strong onboarding.
• Weekly active transactions rose 32%, driven by DeFi and Mini App usage.
• Daily active addresses climbed 5% in August.
• 45.96 million wallets activated since inception.
• Monthly active wallets reach 1.78 million.
• Toncoin’s active wallets may reach between 16 and 20 million by the end of 2025, based on continued user engagement and Telegram app integration.
• Predictions consider shifts from tap‑to‑play games toward Mini Apps and DeFi.
• Despite slowing growth rates from 2024’s explosive gains, increasing adoption continues via Mini Apps integration.

Toncoin Exchange Inflows and Selling Pressure

• Over 240,000 TON were moved to centralized exchanges within 1 week, as of January 29, 2025.
• This sharp transfer trend is a classic on-chain signal of rising selling pressure.
• The supply of TON on exchanges increased consistently throughout the final week of January.
• Coinciding with the inflows, TON’s price fell below $2.60, down from above $2.90 earlier in the month.
• The inverse relationship between exchange supply and price suggests bearish momentum is building.
• This pattern often precedes short-term corrections, profit-taking, or liquidity exits by large holders.

Validator and Staking Data

• Active validators count: 340 nodes securing the network.
• Total Toncoin staked, 667.3 million TON under validation.
• Validator distribution spans 29 countries, reflecting decentralization.
• Liquid staking protocols hold over 60.73 million TON.
• Tonstakers controls 80% of the liquid staking market share among TON protocols.
• Tonstakers offers instant withdrawals and supports key wallet integrations.
• KTON protocol introduces next-gen staking infrastructure with instant liquidity.
• Some third-party services have explored offering Golden Visa discounts (up to 80%) to users participating in high-value staking programs, though these are not directly linked to TON’s protocol and may vary by country or vendor.

Annual Inflation and Burn Rate

• Annual inflation rate hovers around 0.55%, reflecting moderate issuance.
• Daily minting of Toncoin typically sits near 88,137 tokens.
• Daily burn rate, 3,140 TON, indicating ongoing supply deflation.
• On‑chain supply model remains dynamic, partial inflation offset by deflationary burns.
• Combined with staking, net inflation effectively reduces long‑term supply pressure.
• Institutional programs and minting constraints support more measured supply growth.
• Supply metrics underpin a balanced economic model focused on stability and long‑term value retention.

Toncoin (TON) Price Forecast

• In 2025, TON is projected to range between $2.02 and $6.35, with a potential average of $4.23.
• By 2026, forecasts rise to a low of $6.58 and a high of $7.71, signaling early-stage momentum.
• 2027 projections show further gains, with a low of $9.26 and a potential high of $11.49.
• In 2028, prices could surge between $13.84 and $16.29, with an average near $14.22.
• 2029 shows a significant jump, forecasting a low of $20.71 and a high of $23.42, highlighting long-term growth potential.
• 2030 projections point to a strong rally, with a high of $34.81 and an average near $29.16.
• By 2031, TON could reach as high as $48.12, with a low of $41.21 and an average of $42.37, representing a potential 20x+ return from 2025 levels.

DeFi Metrics and Total Value Locked

• TON’s Daily DEX volume reaches $11.4 million, with weekly volume around $47.6 million.
• Stablecoin market cap on TON stands at approximately $729 million, growing +3.5% over 7 days.
• 24‑hour chain fees are around $17,000, while app revenue is about $4,400.
• Following the incentive program’s end, TVL dropped from $600 million (early 2025) to roughly $400 million.
• Peaked at $1.1 billion in July 2024, showing strong prior DeFi activity.
• TVL further declined by 71% in the past quarter, reflecting regulatory and on‑chain pressures.
• DEXs account for just 0.06% of TON’s total trading volume, highlighting CEX dominance.

NFT and Asset Statistics

• TON has over 44.6 million unique wallets interacting with the network.
• Monthly active wallets reach 1.7 million, indicating consistent NFT and DeFi usage.
• In June 2025, NFT trading volume hit a record of $9.7 million.
• TON uses TEP‑62 and TEP‑64 standards to represent NFT assets.
• NFT use cases extend beyond collectibles, paving the way for long‑term asset ownership utility.
• Foundational NFT collections include TON PUNK, Toned Ape Club, TON Ducks, and more.
• Active marketplaces, Getgems, Fragment, and TON Diamonds, host trading and minting of such collections.

Top Holders and Distribution

• A small number of whales control a dominant share of TON supply, raising centralization concerns.
• Institutional holdings via TON Strategy Co. suggest a large-scale concentration of tokens.
• Historic data shows approximately 2.56–2.57 billion TON in circulation.
• The remaining 2.5 billion TON remain in distribution or staking pools.
• Liquid staking platforms (e.g., Tonstakers) aggregate substantial TON supply.
• Staking protocols like Tonstakers and KTON handle token flows.
• While exact holder breakdowns remain opaque, decentralized wallet activation (over 162 million accounts) suggests fragmentation.

Exchange Listings and Liquidity

• TON is widely listed across major exchanges, Binance, HTX, and KuCoin, with daily liquidity breakdowns of $13M, $15M, and $5.7M, respectively.
• 24‑hour trading volume hovers around $150 million.
• Fully diluted valuation (FDV) totals $16.0 billion.
• Volume-to‑market‑cap ratio (1.9%) suggests healthy turnover.
• TON’s rank is near #29 by market cap.
• Inclusion on platforms like CoinGecko and CoinMarketCap ensures wide visibility and price tracking.
• Telegram’s in‑app wallets broaden liquidity by enabling seamless in‑chat trading.

Technical Indicators and Analysis

• As of early July 2025, TON trades at $2.83, reflecting a –3.4% weekly dip, but a +14.6% monthly gain.
• RSI sits near 41.6, indicating neutral to slightly oversold conditions.
• Moving averages suggest a short‑term bearish trend.
• Increasing volatility is evident from indicators like the William Alligator trend lines.
• Price forecasts vary. DigitalCoinPrice sees a range of $2.77 to $6.86, while Telegaon projects $8.62 to $16.97.
• OKX forecasts a broad $2.96 to $16.65 range for 2025.
• Gate.io predicts a possible breakout towards $6.20 to $9.00 by year‑end 2025.

Major Partnerships and Integrations

• TON is deeply integrated with Telegram, supporting peer‑to‑peer transfers via @wallet and TON Space.
• TON Wallet rebranding and in‑app crypto management have attracted over 100 million signups and 35 million active wallets.
• Popular dApps like Hamster Kombat (240 million users) and tokenized usernames show adoption via Mini Apps.
• The ecosystem supports cross‑chain bridges, decentralized storage, and a naming system.
• Liquid staking solutions like Tonstakers, STON.fi, and KTON enhance network utility.
• Partnering exchanges, including OKX, Crypto.com, and Binance, support seamless staking and trading flows.
• Institutional backing via TON Strategy Co. adds credibility and investment confidence.

Future Outlook and Projections

• If current trends hold, TON’s active wallets may reach 16–20 million by late 2025.
• DeFi TVL could rebound from its $400 million trough.
• Price projections span from $2.7 to $17.
• Continued Telegram integration will likely increase mainstream adoption.
• Liquid staking and DEX growth may boost economic activity and reduce volatility.
• Institutional interest may underpin price support.
• Ecosystem developments position TON for long‑term sustainability.

Conclusion

Toncoin’s profile reflects a dynamic ecosystem constantly adjusting across DeFi, NFTs, wallets, and staking. While TVL and price face short‑term setbacks, user engagement, Telegram integration, and decentralized infrastructure suggest robust undercurrents for growth. The coming months may define whether TON transitions from speculative rallies to mainstream blockchain utility.