1 hour ago
Cocoon lets GPU owners rent retired computing powerfulness for AI tasks and person TON tokens arsenic compensation, with Telegram arsenic the archetypal user.
Dec 2, 2025, 12:59 p.m.
TON roseate 0.77% successful 24 hours to $1.5029 arsenic trading enactment intensified pursuing the instauration of Cocoon, a decentralized AI compute level built connected The Open Network.
Volume spiked to 2.95 million, marking a 37% summation implicit the play average, according to CoinDesk Research's method investigation information model.
The terms enactment comes arsenic Cocoon starts processing unrecorded idiosyncratic requests. The level enables GPU owners to rent retired computing powerfulness for AI inference tasks and person TON tokens arsenic compensation.
Telegram, which has heavy ties to the TON ecosystem, is serving arsenic the archetypal idiosyncratic of Cocoon’s AI infrastructure.
While TON’s gains way broader crypto benchmarks, underperforming the CoinDesk 20 (CD20) index, which roseate by 1.47% successful the period, the surge successful measurement suggests ample marketplace particpants whitethorn beryllium gathering positions.
Despite dips to a league debased of $1.4501, the token showed spot done the period, closing good supra its unfastened of $1.4914 and holding onto the cardinal enactment level astir $1.45.
The terms remained confined wrong a constrictive range, suggesting a consolidation phase. Still, the elevated measurement and ecosystem developments constituent to increasing involvement successful TON’s relation arsenic infrastructure for decentralized AI.
Support is besides seen astir $1.44, with absorption adjacent $1.51. A sustained determination supra that level could acceptable up a trial of $1.53 successful the adjacent term.
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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