Toncoin (TON) continues to demonstrate resilience in a volatile cryptocurrency market, as technical indicators suggest a potential surge toward the $5.50 mark.
Meanwhile, institutional developments surrounding TON Strategy Co. (TSC) have added a fresh layer of optimism for traders and investors alike.
TON Price Finds Solid Ground Above $2.40 Support
Toncoin price today remains stable above the critical $2.40 support zone, demonstrating strength despite wider market fluctuations. The cryptocurrency recently climbed to $3.50, marking a 4.72% daily gain and signaling renewed bullish momentum.
Price is testing the $3.39 rejection zone, with a breakout targeting $3.65–$3.75 or a pullback aiming for $3.33–$3.15 support levels. Source: CoreliquidityLab on TradingView
Analysts point to the Relative Strength Index (RSI) hovering near 50 as a positive signal, suggesting room for further upward movement without reaching overbought levels. This $2.40–$2.70 support range has historically served as a reliable foundation for TON coin price rallies, reinforcing trader confidence.
$5.50 Target Comes Into Focus as Bulls Take Control
If buying pressure continues, toncoin could realistically test the $5.00–$5.50 resistance range in the coming weeks, representing a potential 60% gain from current levels. Technical analysis highlights a textbook scenario where prior resistance has shifted into support, suggesting that buyers are firmly in control.
TON is maintaining strength above key support at $2.40–$2.70, with momentum suggesting a potential move toward $5.00–$5.50 if the level holds. Source: Unichartz
“The $2.70–$3.00 zone is acting as a perfect springboard for TON’s next major move,” notes a market analyst at Unichartz, adding that momentum indicators align with the $5.50 target.
Traders, however, remain cautious about the $2.40 support. A decisive break below this level could trigger a deeper correction, altering the bullish narrative.
Toncoin Gets Institutional Backing Through TON Strategy Co
A significant development for TON comes from NASDAQ-listed Verb Technology, which raised $558 million to pivot entirely toward Toncoin treasury management. The company will rebrand as TON Strategy Co. (TSC), becoming the first publicly traded entity in the U.S. dedicated to holding TON as its primary treasury.
Pavel Durov announces NASDAQ-listed Verb Technology raises $558M to acquire Toncoin, with Coinbase Ventures also accumulating TON. Source: Viktor via X
The funding round, led by Kingsway Capital, attracted over 110 top-tier investors, including Pantera Capital, Animoca Brands, and Kraken. TON Foundation President Manuel Stotz will serve as chairman, while former Morgan Stanley banker Veronika Kapustina steps in as CEO, and Sarah Olsen, formerly with JPMorgan’s blockchain division, assumes CFO duties.
Pavel Durov, founder of Telegram, emphasized the significance of this move: “U.S. investors now have unprecedented access to a publicly traded company focused entirely on Toncoin.”
Market Response and Toncoin Price Performance
Following the announcement, Toncoin price rose 4.55% over 24 hours to $3.59, with its market capitalization climbing to $9.23 billion. Trading volume increased by 10.5% to $385.95 million, highlighting growing investor interest.
We have added $TSC, a meme token based on Ton Strategy Co., to our treasury, acquiring it for 150 $TON, as we believe it will be a valuable long-term asset. Source: Ton Meme Dao via X
The TSC development also positively impacted Verb Technology’s stock, which more than doubled on its first trading day post-announcement, bringing the company’s market cap above $1 billion.
Looking Ahead: Toncoin Price Forecast 2025
With the combination of technical strength and institutional backing, toncoin price forecast for 2025 remains optimistic. Analysts suggest that sustained support above $2.40, coupled with ongoing adoption through Telegram’s 900 million global users, could propel TON toward the $5.50 resistance zone in the near term.
Toncoin was trading at around $3.55, up 1.54% in the last 24 hours at press time. Source: Brave New Coin
For investors looking to gain exposure, TON wallets and exchange platforms provide straightforward options for purchase, while careful monitoring of support levels and market trends will remain essential.
Source: https://bravenewcoin.com/insights/toncoin-ton-price-prediction-poised-for-5-50-rally-as-rebranded-tsc-doubles-down-on-ton