Why is Toncoin Up Today Despite Crypto Market Crash?

02 Aug, 2025

Former SEO Writer

Expertise : Crypto News & Market Analysis, Content Strategy & SEO Writing

Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.

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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Highlights

Toncoin (TON) gains limelight today with significant gains despite the broader crypto market correction.
TON is strongly recovering from the early-year crash triggered by Pavel Durov’s detainment.
The TON Foundation’s institutional treasury and STON.fi’s funding are fueling the trends.

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After facing a cascading crash at the beginning of the year, Toncoin (TON) is gaining traction in the present market. Due to Pavel Durov’s detainment sparking panic, this crypto’s price went into a complete spiral, losing nearly half of its value from December 2024 peak to March 2025 crash. However, things took a different turn in the last few days, fueling its 24% rally for the month.

Toncoin Trending in Crypto Market, Price Soars 7% Today

Despite earlier bullish trends, bears dominated the last days of July. With multiple crypto market crashes and the investor sentiments shifting to neutral from greed, digital assets suffered greatly. However, that turned favorable to Toncoin, as investors saw opportunities and pumped its price.

TON, once a part of the top cryptos, currently trades at $3.61 with $8.72 billion in market capitalization. Notably, its price has surged 7% today and 24% over the month, as its trading volume doubled over the course, currently at $584.94 million. This happened as recent developments regained investors’ confidence.

: Source: CoinMarketCap, TON Price Chart

Why is Toncoin Price Up Today?

TON is trending in the crypto space today, fueling its price surge. Starting with STON.fi, the leading DEX on TON, raised $9.5 million in Series A funding. Notably, this exchange accounts for 80% of the DeFi users on the network, controlling $6 billion in trading volume.

🚀 https://t.co/FWINlY7Lnn Dev has raised a $9.5M Series A led by Ribbit Capital & CoinFund — solidifying our role as the core DeFi layer on TON.

With $6B+ volume, 27M+ txs & 80%+ TON user share, this is just the beginning.

Next: limit orders, Omniston cross-chain, DAO.

Read… pic.twitter.com/a204rfHTjz

— STON.fi (@ston_fi) July 30, 2025

The funding has highlighted the token, pushing it to break out from the key resistances. Experts’ Toncoin price prediction suggests that the Fibonacci targets are at $4.00 and $4.40, which could extend to even $5.00 if the momentum builds.

In addition, the TON Foundation (with Kingsway Capital) has established a $400 million institutional treasury to acquire and hold the native token. This step is designed to create a long-term reserve that can support the ecosystem’s stability, reduce circulating supply, and more.

During the same period, the on-chain activity has surged significantly. IntoTheBlock data highlights that new addresses have surged 36.68% and active addresses have jumped 51.48% over the week, fueled by treasury and ecosystem upgrades.

: Source: IntoTheBlock, New Active Addresses

Overall, the new development around the blockchain network is pushing Toncoin into the limelight, fueling its demand and price rally.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Frequently Asked Questions (FAQs)

1. Have the bulls returned for Toncoin?

Toncoin is on a significant uptrend today, but still stands 56% away from its ATH.

2. How is TON performing compared to earlier this year?

After a steep crash in March 2025, TON lost nearly half of its value, but is attempting a recovery this August with a 24% rally over the month.

3. What are the future targets for the Toncoin price?

Experts suggest $4 and $4.40 as the key Fibonacci targets.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.