Key Insights:
- TON coin price is on the edge of a rally towards $4, says analyst.
- TON Strategy approves $250 million buyback to increase shareholder value.
- TONX stock has retreated by 3.16% to around $11.5.
Crypto analyst Bobby highlighted a multi-month accumulation setup on the daily chart for Ton coin price, revealing the Telegram ecosystem token was on the edge of a rally towards $4.
According to the analyst, Telegram’s 1 billion users have the potential to push Ton’s bullish narrative and help break above a key resistance level.
Meanwhile, in its latest announcement, TON Strategy Company stated its plan for a $250 million stock buyback program aimed at strengthening its balance sheet and supporting its Toncoin holdings.
TON Coin Price Eyes $4, Says Expert
TON price has been consolidating within a symmetrical triangle pattern on the daily chart. This setup has kept the token’s price action compressed since March 2025.
The formation is marked by a series of lower highs and higher lows, creating converging trendlines that point toward an imminent breakout.
According to crypto analyst Bobby, TON price has successfully defended the ascending support trendline multiple times, showing strong demand pressure near the $3.00 level.
Meanwhile, repeated rejections from the descending resistance trendline have limited upside moves, keeping TON trapped in a narrowing range.
As the apex of the triangle approaches, the probability of a decisive move grows. A symmetrical triangle often denotes a continuation pattern, with breakouts occurring in the direction of the broader trend.
In TON coin’s case, the preceding rally that started in late 2024 suggests a bullish bias.
Using the triangle’s height, roughly $1.00 from the $2.50 support to the $3.50 resistance, the breakout target is projected to be around $4.00.
A close above $3.50 would confirm the breakout, while failure to hold $3.00 support could invalidate the bullish setup.
TON Strategy Approves $250M Buyback to Boost Shareholder Value
TON coin price is also in focus as TON Strategy Company, formerly known as Verb Technology, said in a recent press release that its board has approved a $250 million stock buyback. The company plans to carry out the buyback through open-market purchases or other methods that are compliant with securities law.
According to Manuel Stotz, the Executive Chairman, the strategy provides the company with flexibility in how it allocates capital. If the shares trade below net asset value (NAV), the company may buy them back.
If the stock trades above NAV, TON Strategy could issue new shares to acquire more Toncoin.
The buyback program comes after the company’s rebranding and its ticker change to TONX on the Nasdaq Capital Market. Previously known as Verb Technology, the firm has now transitioned to a digital asset treasury strategy centered on Toncoin.
Meanwhile, TONX stock has retreated by around 3.16% to approximately $11.50 at the time of writing, a contrast to August, when the announcement of the accumulation plan doubled its value.
At the time of writing, Ton coin price has maintained steady momentum, rising 0.54% over the past 24 hours to $3.18.
Aside from TON strategy, another Nasdaq-listed company, AlphaTON Capital Corp, launched a $100 million Toncoin treasury.
The company raised $38.2 million in a private share placement and got a $35 million loan from BitGo Prime to increase its exposure to Toncoin.
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