Real-Time TON Price Overview
Toncoin's current price stands at $2.80** with a 24-hour trading volume of **$51,039,664. The price has:
- Decreased by 3.27% in the past 24 hours
- Dropped 1.04% over the last 7 days
Key metrics:
- Market Cap: $6.91B
- Circulating Supply: 2.47B TON
- Market Rank: #22
👉 Track TON price in real-time
Historical Context:
- Current price is 66% below all-time high
- 1,188.81% above historical low
What Is Toncoin (TON)?
Toncoin serves as the native token of The Open Network (TON) blockchain—originally developed by Telegram as a Layer 1 solution designed for mass adoption. Key features include:
- Ultra-fast transactions
- Low fees
- User-friendly interface
- Eco-friendly design
Development Timeline:
- 2018: Launched by Durov brothers (Telegram founders)
- 2022: Became fully operational open network
Technical Highlights
- Consensus: Proof-of-Stake (PoS)
- Annual Inflation: 0.6% (used to reward validators)
- Native Wallet: Secure storage with instant transactions
Use Cases of Toncoin
Network Operations
- Pays transaction fees
- Secures network through staking
Governance
- Stakeholders gain voting rights
- Participate in protocol upgrades
Extended Utilities
- Smart contract commissions
- dApp service payments
- Cross-chain development funding
Pro Tip: Always check live price charts before trading due to TON's volatility from market shifts.
Market Data FAQ
What's TON's 24-hour trading volume?
Answer: $51,039,664
All-time high price?
Answer: $8.24 (June 15, 2024)
All-time low price?
Answer: $0.2173 (December 11, 2022)
Where to buy TON?
Top Exchanges:
- Binance
- KuCoin
- Kraken
Safest hardware wallets?
Recommended:
- Ledger Nano X
- Trezor Model T
Essential Resources
Prices and data update in real-time. For investment decisions, conduct independent research.