Toncoin (TON) has reignited investor excitement after breaking through a key descending trendline, signaling the potential start of a new bullish phase toward the $3 mark.
At the time of writing on October 6, 2025, the Toncoin price hovers near $2.81, marking a steady 4% rise over the past week. This move follows a broader crypto market recovery that lifted several major digital assets, signaling improving investor sentiment after a period of consolidation.
Ecosystem Growth Drives Optimism
Toncoin’s growing ecosystem continues to play a crucial role in its recent performance. The ton crypto project—native to The Open Network, a blockchain closely integrated with Telegram’s 900 million-strong user base—has seen increased adoption across decentralized finance (DeFi) and mini-app platforms.
$TON has rebounded from its recent lows and is consolidating, signaling potential for further upward movement. Source: @W3Vibes via X
Analysts suggest that the ongoing expansion is reinforcing TON’s network fundamentals, creating a solid foundation for potential price growth. The project’s fast-evolving ecosystem continues to boost confidence and optimism among traders.
Community Buzz and New Token Activity
Adding to the momentum, community engagement remains lively. A surge of interest in meme-based tokens such as Memelandia 2.0, a new low-liquidity meme token built on the TON blockchain, has contributed to trading activity and enthusiasm across the ecosystem. Other emerging tokens like $CUPKO and $GUCOCA have also gained traction in community forums, showcasing TON’s diverse and rapidly expanding on-chain environment.
While such tokens often bring volatility, they also draw attention to the network and help sustain on-chain liquidity—factors that could indirectly support the Toncoin price in the short term.
Technical Outlook: Targeting $3
From a technical standpoint, the Toncoin price remains in a bullish structure as long as it holds above the $2.70–$2.80 support area. The recent breakout above the descending trendline suggests that buyers are regaining control after weeks of sideways movement.
$TON maintains a bullish structure, consolidating above support and potentially targeting the $3 level in the near term. Source: @Maruschi96 via X
Market watchers predict that sustained momentum could push Toncoin (TON) toward the next resistance near $3. If the breakout holds, a move beyond this level might open the door to higher targets in the medium term.
Final Thoughts
Despite optimism, traders caution that volatility remains part of the landscape. The Ton crypto market, like others, remains sensitive to macroeconomic shifts and broader risk sentiment. Nonetheless, with expanding ecosystem developments and growing community engagement, Toncoin (TON) appears well-positioned to maintain its upward trajectory.
Toncoin was trading at around $2.81, down 0.64% in the last 24 hours. Source: Brave New Coin
As the Toncoin price continues to consolidate above support, all eyes are now on whether bulls can carry the token beyond the $3 resistance—a move that could mark the start of a stronger bullish phase for the Toncoin network.