- The key support levels are between $ 3.50 and $ 4.00, with a possible rebound if it is maintained.
- Tancoin experienced a 20% increase on March 17 after Pavel Durov returned to Dubai.
- OKX Ventures invested $ 5 million in the development of native TON applications in December 2024.
Toncoin ($ ton), the native cryptocurrency of The Open Network, has experienced strong volatility during the last year, and its value collapsed 55% since its June peak, 2024 of $ 8.24.
At the time of writing this article, Toncoin quote $ 3.50.
Fountain: Coinmarketcap
Despite this decrease, the interest of investors remains strong, particularly among the main venture capital companies, which together have more than 400 million dollars in $ ton.
This financial support is a sign of long -term confidence in the network, even though legal issues and controversial air releases have tarnished their short -term perspective.
Ton’s volume of operations increases
While $ ton has fallen significantly from their maximums, recent technical indicators suggest that operators are closely observing a possible break.
Tancoin is currently testing critical support levels between $ 3.50 and $ 4.00.
This area is considered a decisive point for Token.
The volume of operations has increased by 18%, indicating a renewed activity, although the impulse remains mixed.
An inverted head and shoulder pattern (H&S) is being formed in the graphics, often associated with bullish reversals.
If $ ton manages to stay above the range of $ 4.00– $ 4.50 (which corresponds to the neckline of the H&S structure), could pave the way for a recovery to $ 5.00– $ 5.50.
The relative force index (RSI) is currently 58.37, just below the overcompra territory.
However, a fall below $ 3.00 would reinforce the bearish trend and cancel the bullish signals.
Since its launch, Toncoin has risen more than 800%, but its recent price action shows a growing sensitivity to both market dynamics and external developments.
Legal and air launch issues
Recent fluctuations of the Tancoin price cannot be explained solely by technical factors. External events have had a significant impact on investor confidence.
In the second half of 2024, the legal problems that involved Pavel Durov, the creator of Telegram and a key figure behind the Ton project, pressed the market.
Although Durov was allowed to return to Dubai on March 17, 2025, which caused a 20% increase in the price of Toncoin, the episode joined a series of challenges.
Criticism also increased on the air releases of Hamster Kombat and Notpixel, which used the Ton block chain infrastructure.
These events aroused concern in the community about transparency and equity in the distribution of rewards.
Despite the controversy, The Open Network continued to be one of the highest performance 1 layer block chains last year and continued to attract user activity and the interest of developers.
VC have 400 million dollars
The confidence of investors in the long -term viability of Toncoin has been reinforced by the growing institutional support.
In December 2024, OKX Ventures announced an investment of $ 5 million in Ton Ventures, a fund dedicated to support native telegram applications in the block chain.
The fund focuses on attracting experienced developers and creating tools that foster a broader adoption of the Ton network.
Among the risk companies with notable shares in $ Ton are Sequoia, Ribbit, Benchmark and Skybridge.
The accumulated VC investment in Toncoin now exceeds $ 400 million.
This level of institutional exposure indicates that, despite the winds against the short term, many expect the network to grow even more, especially as the decentralized applications created in Ton become more common.
Launched in 2021
Tancoin’s trip began in 2018 when it was conceptualized by the creators of Telegram.
After facing regulatory obstacles, the main network of the block chain was finally operational in May 2021.
Since then, it has evolved to becoming a decentralized layer of layer 1, which houses a variety of applications that include games, decentralized exchanges and minialy composed with the Telegram interface.
The close integration with Telegram has helped Ton differentiate in a crowded blockchain market.
However, this association has also made the network susceptible to events that involve the dome of the messaging platform, as seen with the impact of Dorav’s legal case.
Despite volatility, the Ton ecosystem continues to grow, with an increasing number of users and a greater activity of developers.
The challenge now consists of maintaining the technical impulse while navigating the broader regulatory panorama.
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