Toncoin eyes $2 as community cheers Cocoon launch on TON

• A bounce for altcoins sees Toncoin price recover above $1.50.
• The integration of Cocoon has boosted bulls and could allow for a retest of $2.00.
• TON is the cryptocurrency token of the Telegram ecosystem.

Toncoin (TON) has reclaimed the $1.50 level as a broader market rebound lifts sentiment across major cryptocurrencies.

TON was trading near $1.51 on Tuesday, up about 1.5%, after Cocoon — a decentralized confidential compute network — went live on The Open Network.

The launch is viewed as a significant step for the TON ecosystem and aligns with Telegram’s push toward a private, decentralized AI framework.

The development has provided a fresh catalyst for bullish momentum, with the community looking to build on the optimism and potentially drive TON higher in the sessions ahead.

Toncoin price: bulls eye momentum above $1.50

Toncoin slipped sharply after months of consolidating below $3.50 and $4.00, with sellers driving the token to a low of $1.45 on Monday, December 1, 2025.

The move mirrored the broader market’s November slowdown and the weaker start to the new month.

A modest recovery has followed. TON has edged back above $1.50, even as 24-hour trading volumes across major exchanges have fallen by about 10%.

The rebound is limited, but it gives buyers a narrow window to attempt a stronger move.

A continued bounce could open the way for a push toward $1.60, which may allow Toncoin to retest and potentially flip the earlier resistance zone around $2.36 into support.

TON integrates Cocoon for AI compute

Although Toncoin’s price remains vulnerable below $2.00, both traders and long-term holders are celebrating the arrival of Cocoon.

It is about real utility that ties GPU supply directly to TON token economics.

Per latest details, Cocoon has officially begun processing live user requests.

With the launch, the platform becomes the first decentralized artificial intelligence project on TON to offer fully confidential AI inference at scale.

Notably, the network enables GPU owners worldwide to rent out their hardware for privacy-preserving AI workloads, earning TON tokens as direct compensation.

Using Trusted Execution Environments (TEEs) and zero-knowledge proofs, Cocoon ensures that sensitive data never leaves the secure enclave.

In short, it eliminates the privacy risks and high costs associated with centralized providers like AWS or Google Cloud.

Telegram itself is Cocoon’s anchor client and first major user, routing select AI features through the decentralized network to guarantee end-to-end confidentiality for its nearly one billion users.