TON Live Price

Overview

Price

$5.21

24h% change

0.1%

Volume (24h)

$249.826M

Market Cap

$13.216B

The current price of Toncoin (TON) stands at $5.21, accompanied by a trading volume of $249.826M over the past 24 hours. TON has surged by 0.1% in this timeframe. However, it is presently down by -9.8%.

What Is Toncoin

Toncoin (TON) emerged as a decentralized layer-1 blockchain in 2018, originating from the encrypted messaging platform Telegram. Originally named "Telegram Open Network," the project underwent a transition, being assumed by the TON Foundation and rebranded as "The Open Network."
Since 2020, the technology has seen continuous development, driven by a non-commercial group of supporters and an independent community known as the TON Foundation. Toncoin, previously identified as Gram, serves as the native cryptocurrency within the TON network.
The initial vision aimed to seamlessly integrate TON into a user-friendly application, enabling users to effortlessly buy, send, and store funds. Clients engage in transactions by paying fees and utilizing TON for payment settlements or transaction validations. Toncoin employs the proof-of-stake (PoS) consensus model to enhance network scalability and reliability. As outlined on the project website, the platform delivers swift, transparent, and secure payment services, streamlining transactions with minimal fees and without reliance on third-party applications.
The developers' mission extends to constructing a comprehensive ecosystem, featuring decentralized storage, services, a domain name system (DNS equivalent), an anonymous network, an instant payment platform, and efficient transaction processing with affordability and speed.
The Open Network distinguishes itself as a community-driven blockchain with a versatile architecture, specifically tailored to cater to the needs of the average consumer. Noteworthy is TON's rapid processing and validation of transactions per second (TPS), with a record-setting 55,000 TPS achieved in September 2021 during a contest. The current TPS could potentially reach hundreds of thousands or even millions, facilitating the project's rapid growth without compromising performance or environmental impact.

Where to Accept ton?

We offer easy crypto currency payment solutions through our service, allowing you to receive Toncoin and over 232 other digital monies. Improve your customers' experiences and broaden your payment choices without hassle.

What is the all-time high for Toncoin (ton)?

Toncoin’s historic highest price is $8.25, which was recorded on 15th of June 2024. Currently, Toncoin’s price is %36.7 Lower than its historic high.

What is the all-time low for Toncoin (ton)?

Toncoin’s historic lowest price is $0.51936, which was recorded on 1st of January 1970. Currently, Toncoin’s price is %906.2 Higher than its historic low.

What are the most important factors affecting the price of Toncoin (ton)?

Let's take a look at the important factors that impact Toncoin's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.

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