Toncoin (TON) has reclaimed the $1.50 level as a broader market rebound lifts sentiment across major cryptocurrencies.

TON was trading near $1.51 on Tuesday, up about 1.5%, after Cocoon — a decentralized confidential compute network — went live on The Open Network.

The launch is viewed as a significant step for the TON ecosystem and aligns with Telegram’s push toward a private, decentralized AI framework.

The development has provided a fresh catalyst for bullish momentum, with the community looking to build on the optimism and potentially drive TON higher in the sessions ahead.

Toncoin price: bulls eye momentum above $1.50

Toncoin slipped sharply after months of consolidating below $3.50 and $4.00, with sellers driving the token to a low of $1.45 on Monday, December 1, 2025.

The move mirrored the broader market’s November slowdown and the weaker start to the new month.

A modest recovery has followed. TON has edged back above $1.50, even as 24-hour trading volumes across major exchanges have fallen by about 10%.

The rebound is limited, but it gives buyers a narrow window to attempt a stronger move.

A continued bounce could open the way for a push toward $1.60, which may allow Toncoin to retest and potentially flip the earlier resistance zone around $2.36 into support.

TON integrates Cocoon for AI compute

Although Toncoin’s price remains vulnerable below $2.00, both traders and long-term holders are celebrating the arrival of Cocoon.

It is about real utility that ties GPU supply directly to TON token economics.

Per latest details, Cocoon has officially begun processing live user requests.

With the launch, the platform becomes the first decentralized artificial intelligence project on TON to offer fully confidential AI inference at scale.

Notably, the network enables GPU owners worldwide to rent out their hardware for privacy-preserving AI workloads, earning TON tokens as direct compensation.

Using Trusted Execution Environments (TEEs) and zero-knowledge proofs, Cocoon ensures that sensitive data never leaves the secure enclave.

In short, it eliminates the privacy risks and high costs associated with centralized providers like AWS or Google Cloud.

Telegram itself is Cocoon’s anchor client and first major user, routing select AI features through the decentralized network to guarantee end-to-end confidentiality for its nearly one billion users.

The post Toncoin eyes $2 as community cheers Cocoon launch on TON appeared first on CoinJournal.

Toncoin eyes $2 as community cheers Cocoon launch on TON

Source: https://coinjournal.net/news/toncoin-eyes-2-as-community-cheers-cocoon-launch-on-ton/

Verb Technology Company, Inc. (Nasdaq: VERB), an interactive video-based sales applications firm, has announced plans for a major TON treasury strategy.

The firm has eyes on a $558 million initial haul for the first publicly listed TON treasury company.

News that Verb is looking to add TON to its treasury comes as the Toncoin (TON) price navigates notable selling pressure.

Big news for TON from Verb Technology?

Verb Technology has embraced TON, the native token of The Open Network blockchain network.

In an announcement on Monday, Aug. 4, Verb revealed a $558 million private placement aimed at the purchase of TON as the company positions itself as a leading TON player.

Verb’s capital raise attracted more than 110 institutional and crypto-native investors, including Kingsway Capital, Vy Capital, Blockchain.com, Ribbit Capital, and Graticule (GAMA). Kraken, Pantera, MEXC Ventures, Arrington Capital, Animoca, and BitGo also subscribed.

Another milestone for crypto. Verb Technology secures $558M private raise marking a pivotal step in institutional TON adoption. @ton_blockchain‘s impact + @blockchain’s institutional expertise = a new era of blockchain innovation.

Thrilled to join the TON Strategy Co as a…

— Peter Smith (@OneMorePeter) August 4, 2025

Verb is partnering with Kingsway Capital to help the ambitious venture.

The partnership will see Verb Technology rebranded as TON Strategy, with its move expected to make it the first publicly traded treasury reserve of TON.

By integrating TON, Verb seeks to capitalise on the blockchain’s growing adoption. According to the press release, Verb will begin its TON purchase and holding as a treasury asset on August 7, 2025.

“Telegram is the preferred messenger for the growing global crypto community and TON is the currency that powers the Telegram ecosystem. In my judgment, permanent capital vehicles are particularly suitable for long-term holdings of TON, which not only has the potential to compound in value, but also offers staking yield, meaning TSC can benefit from staking rewards,” said Manuel Stotz, founder and CEO of Kingsway Capital.

Toncoin price outlook as altcoin attracts Wall Street

At the time of writing, Toncoin (TON) traded 6% lower as the broader market attempted to recover from last week’s volatility.

While TON was down, news that Verb Technology was eyeing a $558 million treasury strategy with the altcoin could quickly buoy sentiment.

This is because Verb’s $558 million commitment signals increasing Wall Street confidence in TON’s long-term value, aligning with overall institutional interest in cryptocurrencies.

TON traded to highs of $3.73 on Aug. 3, but with profit taking it down to around $3.37.

It’s a performance that sees Toncoin price hover just in the green on the weekly time frame.

However, the altcoin remains 23% up in the past month and holds an uptrend line formed since July 8.

Verb’s stock jumped amid the news, and it’s likely TON will follow as the new company begins to execute its strategy.

The post Toncoin price outlook as Verb Technology announces $558m TON treasury strategy appeared first on CoinJournal.

Toncoin price outlook as Verb Technology announces $558m TON treasury strategy

Source: https://coinjournal.net/news/toncoin-price-outlook-as-verb-technology-announces-558m-ton-treasury-strategy/

Toncoin (TON) price caught the crypto market’s attention on Wednesday as it rose sharply amid broader market struggles for Bitcoin and top altcoins.

With 13% in price gains in the past 24 hours, Toncoin ranked among the top gainers on the day, outpacing the likes of Quant, Uniswap, and Injective among the top 100 by market cap.

TON, native to The Open Network blockchain, rallied as traders raced to buy amid a series of major Telegram news.

Toncoin price soars, volume up 400%

As the price of Toncoin soared by more than 13%, trading volume rose through the roof.

As per data from CoinMarketCap, Toncoin recorded a 410% spike in volume, hitting $745 million.

TON’s price reached highs of $3.69 before slightly retreating to $3.48 at the time of writing.

Gains see TON token up by more than 10% in the past week.

Before the latest gains, Toncoin price largely traded flat over the week, with no momentum after bulls gave up ground.

Is this uptick thus going to push the altcoin to above $5? The price last hovered above these levels in early 2025.

Telegram news buoys TON price

As noted above, the main catalyst for Toncoin’s notable price surge is a series of positive news.

The vibe mostly relates to two major announcements linked to Telegram and the TON Foundation.

First, the TON Foundation revealed the appointment of Nikola Plecas as its new Vice President of Payments.

Plecas, a former Visa executive with deep expertise in crypto product innovation, is tasked with scaling TON’s payment infrastructure to cater to Telegram’s massive user base of over 1 billion.

His focus will be on enhancing interoperability, security, and scalability—key pillars for mainstream adoption of Web3 payments.

Plecas’s experience at Visa, where he shaped the company’s global crypto strategy, positions him as a pivotal figure in TON’s ambition to revolutionize payments within the Telegram ecosystem.

Why else is Toncoin’s price up today?

Also fueling optimism around TON is news that Telegram plans to raise $1.5 billion through a bond sale.

Notably, market reaction largely jumped as traders noted that Telegram’s initiative is backed by Wall Street heavyweights like Citadel and BlackRock.

That’s not all. TON is also expanding its ecosystem, integrating Ethena’s USDe and tsUSDe stablecoins for in-app savings.

Collaboration with Tether via LayerZero for a multi-chain network has also been a key development.

The post Toncoin price spikes 13% amid major Telegram-related news appeared first on CoinJournal.

Toncoin price spikes 13% amid major Telegram-related news

Source: https://coinjournal.net/news/toncoin-price-spikes-13-amid-major-telegram-related-news/