Buoyed by Telegram’s Momentum, TON Breaks Through $3 with Robust Volume Gains

TON Tops $3 as Telegram Gains Traction Amid WhatsApp Ad Rollout

20 June 2025

Telegram’s growing popularity, fueled by users leaving WhatsApp over its new ad strategy, is giving a significant boost to The Open Network (TON), the messaging app’s native cryptocurrency. TON has soared 140% so far in 2024 and has now crossed the crucial $3 mark, driven by surging trading activity and increasing confidence in Telegram’s blockchain ambitions.

Clearing the $3 threshold marks an important psychological level for TON, underscoring investors’ optimism as Telegram positions itself as an ad-free, crypto-friendly messaging alternative.

Even with periods of volatility, TON remains on an upward path, building firm support levels and attracting heightened interest from institutional traders.

Technical Highlights

• TON continues its uptrend, registering higher highs and higher lows, and recently broke above resistance at $2.97 on strong volume.
• Support levels are well-established at $2.94, with a new support floor forming at $2.982 amid recent market swings.
• Trading volume during the 8:00 hour surged past 3 million units, nearly triple the usual average, hinting at institutional buying.
• A sharp V-shaped recovery took shape amid recent volatility, with heavy volume on both the selloff (75,822 units) and rebound (92,561 units).
• TON reclaimed the $2.995 level after a pullback, further solidifying its bullish momentum.

As Telegram’s user base grows and TON’s technical signals remain strong, the cryptocurrency appears poised for further gains in the months ahead.