Why is Toncoin Price Surging Today?

The post Why is Toncoin Price Surging Today? appeared first on Coinpedia Fintech News

Pavel Durov fueled a sharp rally in Toncoin after unveiling the “MTONGA” roadmap, which positions Telegram as TON’s largest validator while cutting transaction fees nearly sixfold. The announcement strengthened confidence in TON becoming Telegram’s financial infrastructure layer. On-chain growth supports the move, with 67 million monthly transactions and rising staking activity. However, technical indicators show TON is overbought, with traders closely watching whether the token can maintain support above $2.50 before targeting the next resistance zone near $3.00.