- Toncoin adoption grows with 87 million users of the Telegram wallet in the US.
- Market sentiment remains low due to altcoin volatility and whale activity.
- A resistance to $1.28 would mean a short-term bullish trend for Toncoin.
Toncoin (TON), the native token of the TON blockchain, has recently been in the spotlight thanks to the launch of the Sub-Second mainnet and its integration with many Telegram users.
💎 Sub-Second mainnet unlock starts now!
TON Core has just shared the completion of the Bug Bounty & has reported that the update has already been implemented. Now they are moving to the next stage – Sub-Second Mainnet activation.
To increase reliability, activation will be… pic.twitter.com/ddSdwXDnYM
– TON 💎 (@ton_blockchain) April 1, 2026
The upgrade, which is scheduled to take place from March 31 to April 12, is designed to improve network speed, efficiency, and scalability, which will affect Toncoin’s adoption and market performance.
However, despite its technical prowess, Toncoin has faced a difficult market in recent months.
Currently, TON is trading at around $1.23, down around 2.5% in the last 24 hours.
This dysfunction is strongly associated with more movements in the crypto market known as altcoin sector rotation, where investors shift their capital from high-risk altcoins to more stable assets.
The Altcoin Season Index, which measures market sentiment in altcoins, has fallen sharply, reflecting caution among traders.
This environment has made Toncoin difficult to get off the ground at the moment, even though development is progressing.
The establishment of TON and the growth of the environment
TON’s growth is closely related to its establishment in Telegram, which now supports more than 87 million users in the United States with its self-sustaining TON Wallet.
This wallet allows users to transfer and deposit Toncoin directly within the messaging app, providing a way to connect millions of users.
Such integration gives Toncoin a unique advantage, as it can benefit from the effects of the Internet much faster than many other Layer-1 blockchains.
On-chain transactions support this, Toncoin shows consistent daily usage.
According to the available data, the network records hundreds of thousands of active wallets and millions of daily transactions.
This shows that even though the price of Toncoin has been stagnant, the actual usage is increasing, indicating a long-term adoption base.
However, a large portion of the signal supply, about 68%, is handled by whales.
This combination increases the risk of overbuying, resulting in sudden price increases.
Technical analysis of Toncoin
Toncoin presents an interesting story of technology and market sentiment.
Its integration with Telegraph provides a unique edge, and the relaunch of the Sub-Second mainnet may improve network performance, but the short-term price drop remains uncertain.
From a technical point of view, the long-term support is around $1.02, with a second floor around $0.81.
If the price recovers following the opening of the Sub-Second mainnet, the resistance will be at $1.34, followed by the main resistance levels at $1.50 and $1.90.
In the past, a break above $1.28 always means higher prices.
But while Sub-Second mainnet activation may provide a positive driver in the short term, the value of the token is more affected by the broader market rather than by current trends.
Bottom line, experts light it up that a failure to hold the $1.20 level could lead to a test of the annual low around $1.10, especially if the altcoin’s high volatility continues.
