Toncoin’s explosive growth continues, but not in terms of price. According to recent TON on-chain data, the number of active users on the network has surpassed 32 million users.
Toncoin’s explosive growth continues, but not in terms of price. According to the latest data from TON on-chain, the number of active users on the network exceeded 32 million users.
Perhaps the only cryptocurrency in the top 10 with significant support from the Telegram app is Toncoin, making it stand out in the crowded cryptocurrency market. Toncoin’s bullish outlook is largely supported by the unique ecosystem of Telegram, one of the most used messaging applications worldwide.
The Toncoin (TON) price chart is supported by several significant moving averages showing a clear bullish trend. The 26-day, 50-day, and 200-day moving averages indicate a sustained uptrend. With $7.36 and $7 acting as support levels, TON is currently trading at $7.73. The price of TON is rising smoothly despite market fluctuations.
Gamza KhanzadaevThe volume profile shows steady trading activity in addition to the growing number of active users. The consistency of this volume suggests that continued interest is necessary for TON’s long-term growth. The relative strength index is around 58, with TON in the neutral zone and room to rise before becoming an overbought position.
The integration of Toncoin and Telegram provides an important fundamental advantage. Toncoin has a widely used and viable platform thanks to Telegram’s infrastructure and its large user base.
By virtue of this integration, Toncoin is no longer just another cryptocurrency and is joining a larger, well-established ecosystem. A recent milestone of 32 million active users shows how people are becoming more interested and confident in Toncoin. The increase in users is a sign of TON’s long-term potential because a larger user base usually translates into greater demand and stability for the product.
