In the past couple of years, Toncoin has surpassed most of its competitors in terms of utility and practical use cases. Following its integration with Telegram, the TON Network has been able to attract hundreds of millions of new Web3 users. The TON Foundation has also announced several technological developments, becoming more appealing to all kinds of investors.
This guide focuses on Toncoin price prediction for 2024, 2025 and beyond. We’ll start by analyzing Toncoin price history before delving into short, medium and long-term TON price forecasts. We will also discuss what Toncoin is, what it is used for, its connection to The Open Network (TON), as well as factors that influence TON price changes.
Toncoin Price Prediction Summary
- End of 2024: Going by its current price trajectory, Toncoin is set to rise further in 2024. The market remains bullish and there are indications it will improve further before year-end. Therefore, we estimate that Toncoin price could rise to reach a high price target of $9.83 before the end of 2024.
- End of 2025: We also anticipate that the crypto market will be bullish throughout 2025. In fact, the majority of crypto analysts agree that most coins will reach new all-time high price levels in 2025. Toncoin (TON) is one of the leading cryptos that could achieve this. So, our 2025 TON price forecast is a maximum price of $16.25 per coin.
- End of 2027: Before 2027, the growing developer interest in The Open Network (TON) could result in several successful decentralized apps (dApps). These dApps will attract several new users and that will be a huge boost to the fast-growing Toncoin ecosystem. Before the end of 2027, we estimate that TON will reach a maximum price of $32.50 per coin.
- End of 2030: Despite the several strides it has made in the crypto niche, Toncoin is still undervalued. We estimate that its reputation will grow with time. Before 2030, it could move ahead of several top-ranking coins. The maximum TON price in 2030 could be as high as $72.49 per coin.
Toncoin (TON) Price History
Originally, Toncoin was created in 2018 by Telegram, led by Pavel Durov and his brother Nikolai Durov. Due to legal issues with the US Securities and Exchange Commission, the Telegram team abandoned the project. Afterwards, a group of developers unaffiliated with Telegram took over and completed the project in 2021, launching both the Toncoin blockchain and TON token.
The TON token debuted on crypto exchanges sometime in August 2021. According to Coinmarketcap, the initial price of the token was in the region of $0.5199. It recorded its all-time low price of $0.3906 on September 20. Its initial consolidation phase lasted till October 2021.
As excitement built up, Toncoin price experienced a major spike that saw it reach the $5 mark for the first time in November 2021. Of course, this was during a major crypto bull market, and as the market weakened, TON price dropped significantly in the months that followed.
2022 was a generally bearish season for cryptocurrencies as Bitcoin (BTC) and major altcoins experienced a downturn. TON was not exempted as the price dropped to as low as $0.80 in late July. Unlike most other coins, it recovered substantially to reach $2.40 by the end of the year.
In 2023, Toncoin price fluctuated between $2 and $2.4 within the first few months. Despite positive developments within the Toncoin ecosystem, TON couldn’t break through the $2.5 resistance level in the months that followed. It dipped to as low as $1.20 in August before recovering to finish the year at around $2.16.
TON Price History – 2024 Rally and Market Position
In the first two months of 2024, Toncoin price experienced mild sideways actions. As of February 18, 2024, the price of the coin was $2.24. Following the approval of Bitcoin ETFs and other positive developments, TON price rose quickly as the wider crypto market became a lot more bullish.
As of March 18, 2024, Toncoin price was $3.87. It rose quickly in the days that followed, reaching as high as $7.65 on April 11. Like all other cryptos, TON continued to witness sideways price actions, reaching as low as $5.16 on May 1 and recovering quickly to reach $6.95 on May 13.
According to Coingecko data, Toncoin (TON) reached its all-time high price of $8.25 on June 15, 2024. It declined marginally in the days that followed, recording an average price of $7.49 on June 26. By July 29, Toncoin price was $6.63.
At the time of writing this piece, Toncoin price was around $6.81, which is a 17.6% drop from its all-time high value and a 1,210% gain from its all-time low value. Its market capitalization was a little over $17 billion, making it the 9th largest cryptocurrency by market capitalization. It also ranked 29th by daily trading volume.
Key Points in Toncoin (TON) price history
- Toncoin was originally started by Telegram in 2018, and after the team abandoned it because of legal issues, a team of unaffiliated developers picked up and completed it in 2021
- According to the Toncoin price chart on Coinmarketcap, TON’s initial price was in the region of $0.5199
- TON recorded its all-time low price of $0.3906 on September 20, 2021, and remained in its consolidation phase until October 2021
- In November 2021, Toncoin experienced a significant price spark that saw it reach the $5 mark for the first time
- During the bear market of 2022, TON price dropped to as low as $0.80 in late July but recovered substantially to finish the year at around $2.40
- In 2023, Toncoin price encountered resistance at the $2.50 price level, dipping to a low of $1.20 in August before recovering to finish the year at $2.16
- In 2024, Toncoin has been having a good year, reaching an all-time high price of $8.25 on June 15, 2024
- At the time of writing this Toncoin price prediction guide, TON price was 17.6% below its ATH value and ranked as the 9th largest crypto by market capitalization
Toncoin Price Prediction 2024
As hinted in the previous section of this guide, Toncoin has had a good outing in 2024. The coin has reached a new all-time high price, allowing some holders to take huge profits. But just how far could the coin’s price go before the year runs out?
It is pertinent to note that Toncoin’s performance in the past few months reflects the general condition of the crypto market. Bitcoin and several top altcoins have posted new ATH values, so, it is not surprising that TON has done the same.
We must also mention that the TON ecosystem has done a lot to make Toncoin more attractive to all classes of investors. Following the official incorporation of the TON Foundation, several notable technological advances have been announced. The TON ecosystem has also attracted various strategic partnerships to advance the entire ecosystem. All these contribute to TON successes.
As for how Toncoin will perform in the remaining months of 2024, we have to admit that it will largely depend on how the wider crypto market turns out. The current Bull Run is expected to continue, and TON being one of the best cryptos to buy now, will continue to record price gains.
Based on the key considerations we’ve made, our Toncoin price prediction for 2024 estimates that the coin could reach a maximum price of $9.83 before year-end.
Disclaimer: Cryptocurrency is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
Toncoin Price Prediction 2025
Considering Toncoin’s strong fundamentals, there is a good reason to expect a bullish TON price forecast for 2025. Also, we anticipate that the crypto market will continue on its positive bullish run throughout 2025. That means there is huge room for TON price growth in the coming year. The implication is that TON could be one of the next cryptos to explode.
While market sentiment will play a huge role in TON price movements in 2025, we need to consider the fact that the TON ecosystem is the fastest-growing ecosystem in the world. Telegram, which is still very much affiliated with Toncoin and the TON ecosystem, has onboarded hundreds of millions of new users in the past months. The majority of these users may buy TON soon.
Toncoin’s commitment to interoperability could also start paying off in 2025. The ETH-TON Bridge was released last year, and it enables seamless transactions between Ethereum and TON. This strengthens TON’s connection to the broader crypto ecosystem, appeals to DeFi enthusiasts, and could be a catalyst for TON price gains in 2025.
The fact that Telegram has a native TON wallet is another major boost for Toncoin price prospects. Also, Certik recognized the Toncoin blockchain as the world’s fastest network, ahead of Solana and Polygon. This could be another huge attraction that will further enhance TON’s adoption in 2025.
As per our actual TON price prediction for 2025, we estimate that Toncoin could reach a high price target of $16.25 before the year ends.
TON Price Forecast 2027
Going into 2027, many factors will play different roles in determining the actual Toncoin price. However, one of the most important factors we must consider is the potential growth of the TON ecosystem. Toncoin is already one of the most sustainable cryptos, and by 2027, things could get a lot more interesting.
One of the key areas Toncoin has performed better than the average blockchain network is its growing developer engagement. Following the launch of successful Telegram-based projects like Notcoin and ANON, The Open Network (TON) has witnessed a substantial increase in developer activity.
We must also keep in mind that TON is big on scalability. That means it will be able to accommodate thousands of projects within its network. Certainly, the many developers working on the Network will launch many decentralized apps (dApps) before 2027. These apps will attract willing users, and these users will boost the TON ecosystem.
As successful dApps launch on The Open Network, Toncoin will get new users. This will significantly boost Toncoin adoption in the years ahead, and we already know that increased adoption helps to propel price growth.
At this point, we need to admit the possibility of a bearish market trend in 2027. That could be the only drawback to a bullish TON price forecast.
However, we estimate that Toncoin could reach a maximum price of $32.50 before the end of 2027.
Toncoin Price Prediction 2030
Looking ahead to 2030, it becomes a bit more challenging to estimate what TON price could be. However, there are considerations to make, and most are in support of a bullish Toncoin price forecast.
The growth trajectory of TON suggests that its price could be significantly higher by 2030. To be fair, TON is considerably new. We can categorize it among the most undervalued cryptos now. But as the Toncoin ecosystem expands, the price of the asset is expected to rise significantly.
Judging by Toncoin’s roadmap and what the TON Foundation has been able to achieve in a few years, there are good reasons to believe that the Toncoin ecosystem will be huge before 2030. The wider blockchain industry has been projected to rise to nearly $825 billion by 2032, and TON has been positioning itself to be a leader in the industry.
Already, TON has been introducing several strategic upgrades, including ‘Jetton Bridge’, ‘Collator and Validator Separation’, ‘Payment Channels’ and many more. When compared to rivals like Cardano (ADA) and Avalanche (AVAX), TON is miles ahead in terms of innovative upgrades. This will help the network and its native currency to a large degree in the long run.
Based on our analysis, TON’s potential growth in the future will see it outperform several top cryptos. Therefore, our Toncoin price prediction for 2030 is a maximum price of $72.49 per coin.
Toncoin Price Prediction 2040
From what we’ve covered so far, it will appear that Toncoin is one of the best long-term investments crypto enthusiasts can make right now. However, there are several things to consider when trying to determine how far its price could go in 2040.
To be fair, TON has what it takes to compete with some of the biggest blockchains in the industry, including Ethereum and Binance Smart Chain. However, TON price is still way lower than that of ETH and BNB. This could be attributable to its tokenomics.
At the time of writing, TON had a circulatory supply of a little over 2.5 billion TON coins, which is just about 50% of its 5.109 billion total supply. This shows that more TON tokens will be released in the future. But we need to consider that TON has been on the market for just a few years, so absorbing future supply may not be a real problem.
We’ve also stated here that TON use cases will increase in the future. Thanks to the holistic nature of the network, new use cases will continue to emerge, meaning demand will keep increasing. We also anticipate several positive developments and collaborations that will boost the TON ecosystem.
Depending on how the market turns out and how TON ecosystem develops in the future, our long-term TON price forecast estimates that the coin could reach a maximum valuation of $106.2 before the end of 2040.
Potential Highs and Lows of Toncoin Price Prediction
This Toncoin price prediction guide is aimed at providing valuable insights that can be used to make timely profitable investments. This means our projections are informed estimates and not definitive outcomes. To help you make better decisions, we’ll provide potential high and low price points of TON for the years we’ve covered in this guide:
Year | Potential High | Potential Low |
2024 | $9.83 | $5.96 |
2025 | $16.25 | $8.72 |
2027 | $32.50 | $22.42 |
2030 | $72.49 | $57.38 |
2040 | $106.2 | $86.34 |
Expert Opinions – What Other Analysts Predict for TONCOIN Price
For months, Toncoin has been among the trending cryptos. Therefore, it isn’t surprising that many analysts have offered their TON price forecasts for their audiences. To help you get an idea of what other experts are saying, we’ll sample the opinions of other analysts providing Toncoin price predictions for other media outlets:
“As the second half of 2024 unfolds, TON remains bullish, as evidenced by the price registering higher highs. The price will range between $6.11 and $9.95.”
cryptopolitan.com
“Increased adoption and applications could result in the TON token recording a new all-time high of $20 in 2025. Conversely, if the crypto industry experiences a bearish price action, the TON coin price could hit a low of $9.26.”
coinpedia.org
“Toncoin is forecasted to hover around $8.91 for most parts of 2027, with an expected low of $1.60 and expected high of $10.51.”
gate.io
“In 2030, we predict Toncoin to reach an average price of $57.35 and peak at a solid $69.78.”
crypto.ro
What is Toncoin and What is it Used For?
Put simply, Toncoin is the native cryptocurrency of The Open Network (TON). To understand the asset properly, we need to consider TON holistically.
The Open Network (TON) is a decentralized, community-driven internet platform that comprises TON Blockchain, TON Storage, TON DNS (domain name service), TON sites, and, of course, the native currency of the network, Toncoin. The project was originally conceived and started by Telegram, the popular messaging app, in 2018.
After the US Securities and Exchange Commission sued Telegram with the claim that Toncoin is a security, the project was abandoned in 2020. Developers without any affiliation with Telegram picked up and completed the project in 2021.
Since its official launch in 2021, the Toncoin ecosystem has evolved tremendously. A decentralized network modelled after Ethereum, Toncoin has evolved beyond decentralized finance (DeFi). Currently, it supports third-party applications in various sub-niches, including DeFi, GameFi, Memecoins, NFTs, and more.
The Open Network Foundation oversees the affairs of the Toncoin ecosystem. It has implemented several upgrades and technological advancements, enabling developers to create different kinds of dApps. Individuals and corporate bodies can launch different products and services, using Toncoin infrastructure.
Toncoin (TON native currency)
As you should know by now, Toncoin is the native currency of the TON Network. It is the singular authentic digital currency that powers the network, allowing users to interact and transact.
Primarily, Toncoin is used for paying transaction fees within the TON ecosystem. Users make payments in TON to process transaction fees, data storage, and any other product or service within the ecosystem. TON can also be used as a payment method beyond its ecosystem.
Toncoin is also the governance token of The Open Network. It confers holders with governance rights, allowing them to vote on proposals to shape the future of the project. The very first voting exercise happened in February 2023, and token holders voted to freeze all TON in inactive mining wallets, meaning 20% of Toncoin supply will remain locked for 4 years.
Toncoin is also used for staking. Holders can stake their TON tokens to validate transactions and secure the network. In return, stakers earn TON tokens as a reward for their support. Staking is available on the TON network and several major cryptocurrency exchanges.
Lastly, Toncoin is an investment vehicle. Like other digital assets, it can be traded across various crypto exchanges and supporting platforms. Its volatile nature means traders/investors can make profits or incur losses, depending on the prices they buy and sell their tokens. This Toncoin price prediction guide is primarily based on this aspect of the asset.
What Influences the Price of Toncoin (TON)?
You need to understand the factors that can influence Toncoin price if you intend to buy the coin and profit from it. Below, we’ll briefly discuss the major factors that can influence Toncoin price changes in the future:
Demand and Supply
Basic economics teaches us that demand and supply have direct relationships with price. The higher the demand, the higher the price. On the other hand, the higher the supply, the lower the price. This applies to TON and other volatile cryptos.
Condition of the Broader Crypto Market
Just like the rest of the financial markets, the crypto market is known to go through bullish and bearish seasons. In fact, these alternating seasons are more pronounced in the crypto niche. TON will likely rise during bull markets and drop during bear markets.
Toncoin Ecosystem Developments and Announcements
We’ve stressed in different sections of this Toncoin price prediction guide that the Toncoin ecosystem is developing at an impressive pace. These developments attract more users to the Toncoin ecosystem, and that could always be a major boost for price growth.
Adoption and New Use Cases
Toncoin adoption is increasing steadily. Thanks to the growing developer activity and the various services available on the network, new use cases are also emerging for TON. Again, the adoption of Toncoin wallet is also happening speedily. All these contribute to Toncoin price gains.
Community Support
The Toncoin community is also growing impressively. The community is also becoming more vibrant as new exciting projects are being launched on the network. Community support will always be integral to Toncoin price growth. If, on the other hand, the community starts shrinking and members start selling off their TON tokens, the price may crash.
Others
Various other factors can have a notable impact on TON price. Legal issues (just like when the SEC sued Telegram) can have a serious impact on investors’ confidence and, in extension, Toncoin price. Positive regulatory changes can also trigger positive price actions. The performances of projects running on The Open Network can also have a perceptible impact on TON price.
Is Toncoin a Buy?
Judging by what the Toncoin ecosystem offers, there is no doubt that TON is one of the best cryptos to watch out for. The Open Network Foundation has done a lot to make Toncoin Network one of the most useful and practical blockchains in the world. Therefore, TON growth is inevitable.
Based on our Toncoin price prediction, TON price is set for major rallies in the years ahead. As the ecosystem continues to evolve and attract users, the value of the TON token will continue to rise. Market factors may play huge roles in future prices, but TON has all it takes to reach new highs.
So, Toncoin looks like a pretty solid investment for the future. Telegram could reach 1 billion users within the year, and that is a big plus for Toncoin. The adoption of TON and the TON wallet is rising significantly, and the impact on TON price will be felt in the future. Therefore, we submit that Toncoin is a buy.
Toncoin Price Prediction – Conclusion
We’ve covered the most important things a crypto enthusiast, trader or investor will want to know regarding Toncoin price prediction. Our analyses show that Toncoin is one of the most practical cryptocurrencies and that its ecosystem is set for exponential growth.
While TON has recorded meaningful growth by reaching a new all-time high in 2024, there is still big room for improvement. It may not have gained as much as the best-performing cryptos of 2024, but it remains one of the best altcoins out there.
At this point, it is important to reiterate that the crypto space is full of uncertainties. TON is a volatile asset and must be considered as a risky investment. However, your ability to time your investment properly can be very rewarding. That is the essence of a comprehensive Toncoin price forecast.
Disclaimer: Cryptocurrency is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
References
- https://coinmarketcap.com/currencies/toncoin/
- https://www.coingecko.com/en/coins/toncoin
- https://www.investopedia.com/terms/d/decentralized-applications-dapps.asp
- https://www.fortunebusinessinsights.com/industry-reports/blockchain-market-100072
- https://blockworks.co/news/ton-governance-votes-to-freeze-20-of-its-ton-supply
- https://news.sky.com/story/telegram-will-probably-hit-one-billion-users-within-the-year-what-is-it-and-why-is-it-so-popular-13117068
FAQs
What was TON’s highest price ever?
At the time of writing this piece, Toncoin’s highest-ever price was $8.25, recorded on June 15, 2024
Will TON price go up?
Yes, TON price has been on the rise for some weeks and this positive price action is expected to continue for months
Will Toncoin bloom in 2024?
Yes, TON has reached a new all-time high price in 2024 and is expected to bloom further
What will Toncoin be worth in 2025?
If the crypto market continuous on the positive direction it is going, TON price can rise to $16.25 before the end of 2025
What is Toncoin price forecast for 2027?
Depending on the condition of the broader crypto market in 2027, TON could reach a maximum price level of $32.50 per coin
How much will TON be worth in 2030?
According to our 2030 Toncoin price forecast, the asset could be worth as much as $72.49 before the year runs out
What is Toncoin price forecast for 2040?
Our long-term TON price forecast estimates that Toncoin could reach a maximum valuation of $106.2 in 2040
Will TON reach $10 soon?
TON has been forecasted to reach $10 soon. Our forecast supports this and we believe it will happen in under a year
Should I buy Toncoin now?
Yes, now is a good time to buy Toncoin. The ecosystem is set for massive growth and the price of the coin could rise significantly
Is Toncoin a good investment?
Yes, Toncoin is looking like a great investment. Based on Toncoin’s strong fundamentals and its growing user base, Toncoin can yield big profits in the future