Toncoin Growth Phase
Toncoin is entering a crucial growth phase, supported by a strategic initiative to enhance retail and institutional confidence.
The TON Foundation has teamed up with Kingsway Capital to create a new $400 million treasury initiative, clarifying that this is a strategic partnership and not a typical fundraising round.
This is a significant milestone for the cryptocurrency’s ecosystem, merging a solid financial strategy with long-term vision. Moreover, the treasury has support from key US-based venture capital firms, indicating high institutional trust in TON’s potential.
> TON FOUNDATION AND KINGSWAY CAPITAL PLANS $400M RAISE FOR TONCOIN TREASURY: BBG
> — Aggr News (@AggrNews) July 24, 2025
Telegram Wallet Rollout and Market Impact
This treasury announcement coincides with the launch of Telegram’s native TON Wallet, which is already available to about 87 million US-based Telegram users.
This dual approach—strengthening institutional backing via the treasury while expanding retail access through the Telegram wallet—strategically positions Toncoin to cater to both user groups simultaneously.
Related: Toncoin Price Dumps As UAE Authorities Call TON Golden Visa Offer Unofficial
TON’s Price Consolidates after Major News
Despite strong underlying momentum, current price actions indicate short-term caution. As of now, TON trades at $3.17, recovering from a recent low of $3.05. Key resistance is at $3.30, with strong support around $3.10 and $3.05.
With a 24-hour trading volume down nearly 20%, momentum appears subdued. Therefore, price consolidation or pullback seems likely unless buyers increase volume.
Technical Indicators
The MACD indicates early bullish momentum, suggesting potential recovery if market sentiment improves. Meanwhile, the RSI is around 57.43, indicating moderate buying interest without signaling overbought conditions.
Looking towards December 2025, Toncoin’s expected trading range is between $2.35 and $2.39, suggesting a potential 24.55% decline from the current price. Conversely, if the forecast is incorrect and TON rebounds, it could offer up to 23.92% gains for investors.
Disclaimer: The information presented in this article is for informational and educational purposes only and does not constitute financial advice or any kind of advisory. Coin Edition is not responsible for any losses incurred from utilizing content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to this company.
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