- Toncoin whales have earned 189,700 TON in 3 months.
- A big boost comes as TON launches the Catchain 2.0 upgrade.
- TON price rose to $1.32, may look for $1.89-$2.40 next.
Toncoin (TON), the cryptocurrency token of the Telegram-backed TON Blockchain, is trading high on the day amid signs of renewed interest.
On Friday, the price of Toncoin rose to $1.30 as the main owners, or “whales,” acquired more tokens. The increase comes amid a short-term market recovery.
The price of Toncoin measures the $1.30 zone in the middle of the whale
The price of Toncoin has increased by 4% in the last 24 hours, hovering near the critical area of $1.30.
The token reached a high of $1.32 during Asian trading.
Consumers helped to raise the volume of sales, with a metric increase of 104% by recording up to $ 160 million, which shows an increase of 45% from the previous days.
This increase comes when Bitcoin has $71,000 in the middle of betting on new leg up to $80,000.
In particular, the rise in TON is consistent with this, especially since the top 100 whale addresses collectively earned 189,730 $TON in the last three months.
This trend continues despite the market’s high volatility.
Researchers at Santiment have highlighted what might be powerful in a post:
“Although the #29 cryptocurrency has lost two-thirds of its market share since its peak in early August 2025, this accumulation is a sure sign that a rally in support could come quickly as crypto markets turn the page from the bear market.”
Whale events often show new confidence in a project, and aggressive buying shows interest in the Toncoin ecosystem.
The token is tied to the Telegram-integrated TON blockchain, which continues to grow through mini-apps.
The price of TON is looking to rise significantly as the community gets excited about Catchain, an upgrade designed to improve the transmission and block power.
In a post on X, Telegram CEO Pavel Durov comments on how bullish this promotion of Toncoin is, noting that the token is the first step in the 7-stage Make TON Great Again (MTONGA) vision.
The TON blockchain has just been updated and is now 10× faster.
Block size increased 6×.
Actions have been taken recently, again.
This was part 1 of 7 making TON Great Again (MTONGA).
Next: cut the already low amount by 6×.
— Pavel Durov (@durov) April 9, 2026
What is the value of Toncoin?
Such large purchases often lead to price volatility, as these investors take into account potential returns.
Toncoin’s technical chart shows that the price was stable in the downward trend that started in June 2025, when it peaked at $8.20.
The constant sales have caused the price to drop by 84%.
The bulls aren’t out of the woods yet, but a break above $1.35 could trigger a rebound in the future.
In this case, the most likely new rally would be the next resistance band around $1.89-$2.00. Maximum pressure can be traced to $2.40, a part of the profit-taking process.
Conversely, if the sellers resume control, the initial support shares will reach $1.15.
A drop below $1.00 would result in a trade at $0.85, a multi-month low.
