TON Slips 3.3% to $1.59 as Broader Crypto Market Weakens

4 hours ago

The token is consolidating beneath absorption astatine $1.65, with enactment forming supra $1.59, and traders are watching for a breakout supra $1.70 to regain momentum.

Dec 11, 2025, 4:58 p.m.

TON$1.6070 dropped 3.3% implicit the past 24 hours to $1.596, retreating alongside the broader crypto marketplace adjacent arsenic trading measurement and ecosystem enlargement suggest increasing organization interest.

The token climbed to $1.6929, past mislaid steam done the time earlier uncovering enactment adjacent $1.5930, according to CoinDesk Research's method investigation information model.

The diminution came contempt a 20% surge successful trading measurement implicit the seven-day average, often a motion of accumulation down the scenes. However, terms enactment lagged, with TON struggling to interruption supra the $1.65 level. This volume-price mismatch whitethorn bespeak diligent buying from institutions alternatively than retail-driven momentum.

Messaging level Telegram — which uses the TON ecosystem arsenic the backbone of its Web3 infrastructure — has officially introduce its crypto wallet work successful Uzbekistan. Following regulatory approval, residents determination tin present usage locally issued slope cards to bargain and commercialized crypto done Telegram, providing TON with a caller foothold successful Central Asia though the wallet’s motorboat doesn’t needfully translated to request for the cryptocurrency.

Technically, the outlook remains mixed. TON is consolidating beneath absorption astatine $1.65, with enactment forming conscionable supra $1.59. Traders are watching for a breakout supra the $1.70 portion to regain bullish momentum, portion nonaccomplishment to clasp the existent level could unfastened a way toward $1.55 oregon lower.

For now, the token’s fundamentals, rising onchain gross and wallet adoption, are battling against short-term marketplace unit and uncertainty surrounding the aboriginal absorption of the crypto abstraction arsenic a whole.

Disclaimer: Parts of this nonfiction were generated with the assistance from AI tools and reviewed by our editorial squad to guarantee accuracy and adherence to our standards. For much information, spot CoinDesk's afloat AI Policy.

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