TON Up 3.7% Amid STON.fi DAO Rollout and Growing Telegram AI Platform Interest

TON Climbs 3.7% on STON.fi DAO Launch and Telegram-Backed AI Integration

TON surged 3.7% to $1.605 over the past 24 hours, fueled by higher trading volume and developments in decentralized governance and AI infrastructure.

Trading activity spiked 16% above the seven-day average, according to CoinDesk Research, with large-market flows supporting the rally.

The move followed the launch of STON.fi’s fully on-chain DAO, the first on the TON network. Users staking STON tokens can vote on governance matters such as upgrades, funding, and protocol parameters, earning ARKENSTON tokens that encourage long-term participation. STON.fi has processed over 29 million swaps across 5.6 million wallets.

Additionally, TON’s AI platform Cocoon allows users to rent unused GPU power for TON. Telegram is the first major client, using the platform for confidential message translation and integrating AI compute into TON’s ecosystem.

Technically, TON surpassed $1.6040 resistance, targeting $1.6150, with breakout volume 67% above the 24-hour average.