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Market data as of 44 min. ago

Price history

Last three years · Low $1.20 · High $2.72▼ −24.3%

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Key figures

Market cap
—
Fully diluted
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24h volume
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Circulating supply
—
Total supply
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Max supply
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FDV to market cap
—

Above 1 means supply is still being issued

Supply issued
—

Circulating share of the maximum

Listed since
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Change

1h
—
24h
—
7d
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30d
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How this coin behaves

Measured from 335 days of daily closes. These describe what the price has done, not what it will do.

30-day volatility
0.7 %

Standard deviation of daily moves, annualised

Typical day
1.7 %

Median daily move over 90 days

Days closing higher
50 %

Over the last 365 days

Best day
▲ +25.6%

May 6, 2026

Worst day
▼ −12.9%

Jun 4, 2026

Deepest drawdown
▼ −51.6%

May 7, 2026 to Sep 16, 2026

Below its high
▼ −50.1%

High of $2.72 on May 7, 2026

Correlation with BTC
0.58

Daily moves over 90 days, −1 to +1

Base rates and derivatives positioning

How often this coin has actually managed a move of a given size in 30 days, and how the perpetual market is positioned right now.

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Base rates turn a price target into a frequency: how often a move that size has happened before.

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Where it came from

Telegram designed this chain in 2018 and raised $1.7bn for it. The SEC sued, the settlement in 2020 forced Telegram to abandon the project, and an independent group of developers picked up the open-source code and continued it as The Open Network. Telegram is not the operator, but it is the distribution channel, and that relationship is the whole investment case.

What it does

TON is a sharded proof-of-stake chain designed for very high message throughput, with wallets and mini-applications embedded directly in a messenger used by hundreds of millions of people. It is the only major chain whose primary interface is not a browser extension.

What moves the price

  • How deeply the chain is wired into Telegram: an in-app wallet, payments or a mini-app platform reaches users who never sought out a crypto product, and a change to that integration changes the addressable base overnight.
  • Validator staking, which locks supply for a bonding period rather than leaving it liquid.
  • Concentration of supply from the original mining distribution, which means a small number of addresses can move the float.
  • Regulatory treatment of messenger-embedded payments, the same question that ended the first version of this project.

A description of how this asset works, not advice about holding it. Figures above update with the market data; this text is reviewed by hand. Reviewed Sep 3, 2026

Prediction markets on Toncoin

Open prediction markets whose question turns on Toncoin. Prices update with the rest of the site.

No open prediction market mentions this coin right now. That is a statement about the market, not about the coin.

Browse live odds

AI scan

What is moving the Toncoin price right now — researched with sources, not a price target.

Every scan uses one of your research credits.

Common questions

What is Toncoin (TON)?

Telegram designed this chain in 2018 and raised $1.7bn for it. The SEC sued, the settlement in 2020 forced Telegram to abandon the project, and an independent group of developers picked up the open-source code and continued it as The Open Network. Telegram is not the operator, but it is the distribution channel, and that relationship is the whole investment case. TON is a sharded proof-of-stake chain designed for very high message throughput, with wallets and mini-applications embedded directly in a messenger used by hundreds of millions of people. It is the only major chain whose primary interface is not a browser extension.

How volatile is Toncoin?

Over the last 30 days, Toncoin has an annualised volatility of 0.7 %. The median daily move across the last 90 days is 1.7 %. Both describe what the price has done, not what it will do.

What is the biggest drawdown Toncoin has had?

Across the daily closes on file, the deepest peak-to-trough fall is 52 %, from 2026-05-07 to 2026-09-16. The highest close in that window is $2.72 on 2026-05-07.

What moves the Toncoin price?

How deeply the chain is wired into Telegram: an in-app wallet, payments or a mini-app platform reaches users who never sought out a crypto product, and a change to that integration changes the addressable base overnight. Validator staking, which locks supply for a bonding period rather than leaving it liquid. Concentration of supply from the original mining distribution, which means a small number of addresses can move the float. Regulatory treatment of messenger-embedded payments, the same question that ended the first version of this project.

Other coins in Layer 1 blockchains

Each of these has its own page with the same figures and history.

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