Toncoin price rallies as Chainlink extends CCIP and data streams to TON

Toncoin price rallies

  • Toncoin price surges after Binance-Telegram payment rollout and Chainlink CCIP extension.
  • Chainlink CCIP links TON to 60+ blockchains for seamless DeFi access.
  • Toncoin holds above $2.25 as projections point to a possible $3 breakout.

Toncoin price has surged, fueled by strong adoption news and strategic technological integrations, with Chainlink playing a central role in expanding TON’s reach across the blockchain ecosystem.

The cryptocurrency has seen a notable uptick, driven by both real-world utility developments and enhanced cross-chain capabilities.

Chainlink integration enhances TON’s cross-chain potential

A key driver behind TON’s recent performance is its adoption of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Data Streams.

This move positions TON as a Cross-Chain Token (CCT), allowing seamless transfers of Toncoin across more than 60 leading blockchain networks.

Beyond facilitating token mobility, Chainlink’s Data Streams provide low-latency, real-time market data, enabling developers to build advanced decentralised finance (DeFi) applications with institutional-grade reliability.

The integration addresses a longstanding challenge for TON: liquidity fragmentation.

By connecting TON to the broader multi-chain ecosystem, Chainlink helps create a composable, interoperable environment where assets, protocols, and liquidity can flow freely between chains.

This expansion also opens opportunities for developers to attract capital from Ethereum, Solana, and other ecosystems, elevating TON beyond a niche within the Telegram network into a serious contender in the multi-chain DeFi landscape.

The total value locked (TVL) growth on TON-based decentralised exchanges such as STON.fi and Dedust will serve as key indicators of how effectively the integration translates into tangible network activity and economic impact.

TON adoption gets a boost from Binance and Telegram

Another key driver of the current Toncoin surge is the launch of Binance-Telegram QR payments, a fee-free system currently active in Argentina.

This integration allows users to spend Toncoin directly via QR codes while merchants receive pesos instantly.

With Telegram boasting over 1 billion users globally, this adoption represents a significant step in bridging cryptocurrency with real-world transactions.

In countries facing high inflation, such as Argentina, this kind of utility makes TON particularly attractive as a payment alternative.

Market observers are keenly watching adoption metrics in Argentina, as well as potential expansion into other regions with similar economic dynamics, including Turkey and Nigeria.

This integration not only increases TON’s real-world utility but also strengthens its position as Telegram’s default blockchain, a factor likely to sustain demand over the medium term.

If usage of TON for payments grows consistently, it could translate into higher stability and further price appreciation, potentially pushing Toncoin beyond its current resistance levels.

Toncoin price reacts to technical and adoption catalysts

Toncoin price recently broke through the $2.25 resistance, reaching a high of $2.28, signalling strong technical momentum.

While short-term traders have responded to this breakout, trading volume has slightly decreased, dipping to $209 million, raising questions about the sustainability of the rally.

Despite this, the MACD histogram has turned positive, and the price remains above the 7-day moving average, suggesting a healthy short-term trend.

Toncoin price analysis
Toncoin price chart | Source: CoinMarketCap

Market analysts have identified the next potential resistance at $2.36, with targets as high as $3 if trading volume picks up.

In the longer term, Toncoin could even reach $5.30, particularly if adoption of TON in real-world payment systems expands and the Telegram ecosystem continues to support innovative blockchain features.

With November approaching, historical data indicate that TON often posts positive monthly performance, adding further optimism to its trajectory.

Source: https://coinjournal.net/news/toncoin-price-rallies-as-chainlink-extends-ccip-and-data-streams-to-ton/