About Toncoin
TON (The Open Network) is a general-purpose blockchain that allows developers to build decentralized apps and tokens.
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Trading Insights
Searched
688
Market Stats
Market Cap
$8.17B
-3.46%
FDV
$17.01B
Circ. Supply
2.5B TON
Max Supply
Not enough data
Total Supply
5.1B TON
Diluted Valuation
$17.03B
Performance
Popularity
Not enough data
Dominance
0.26%
Volume (24H)
$382.18M
-45.09%
Volume (7D)
$3.25B
Volume (30D)
$15.25B
All time high
$8.23
Price Change (1Y)
-47.69%
Additional info about Toncoin
Recent trends
The latest TON price is $3.32. Compared to Toncoin's value of $3.41 from 24 hours ago, there's been a -2% decrease, while the current price is 8% up from $3.07 which was recorded one week ago. Toncoin's all time high is $8.23, which was reached on June 15, 2024. This is a -60% change from its price today.
The market cap is currently $8.17B, which is a result of multiplying the current price of Toncoin($3.32) by the total supply(5,131,246,989 TON). The fully diluted valuation of Toncoin is $17.01B. The diluted valuation of Toncoin is $17.01B.
Market details
TON vs markets
↘ 60.83%
TON vs BTC
↘ 66.34%
TON vs ETH
↘ 23.65%
Tags
pos
layer-1
ftx-bankruptcy-estate
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x582d872A1B094FC48F5DE31D3B73F2D9bE47def1 | |
BNB Smart Chain | 0x76A797A59Ba2C17726896976B7B3747BfD1d220f | |
Solana | 5kts7tqfvrbseq9gokz71o2gbiamqnqc1ykdvzth1jhs |
Price history
Time | Price | Change |
|---|---|---|
Today | $3.32 | ↘ 2.45% |
1 Day | $3.41 | ↘ 2.45% |
1 Week | $3.07 | ↗ 8.20% |
1 Month | $3.18 | ↗ 4.49% |
1 Year | $6.34 | ↘ 47.69% |
FAQ
Toncoin (TON) is the native cryptocurrency of The Open Network, a decentralized layer-1 blockchain initially developed in 2018. Originally created as the Telegram Open Network, the project was later transitioned to the TON Foundation, which continues its development. Toncoin is designed to support various blockchain-based services, including decentralized storage, a domain name system, an anonymous network, and instant transactions. The network is structured to enable efficient transaction processing while maintaining decentralization and aims to provide flexible infrastructure for decentralized applications (dApps) and digital payments.
Toncoin utilizes a proof-of-stake (PoS) consensus mechanism designed to support scalability and efficient transaction validation. The network implements a multi-layered structure based on sharding, which distributes processing tasks across multiple chains to prevent congestion and enhance transaction speed. TON is used for network fees, validator rewards, and governance participation. The blockchain also facilitates cross-chain transactions and decentralized storage, aiming to create a flexible ecosystem for secure, low-cost payments and digital asset management.
Toncoin is used for transaction fees, validator staking, and smart contract execution within the TON network. It also supports decentralized application (dApp) development, cross-chain payments, and decentralized storage services. The TON ecosystem includes tools such as TON DNS and TON Proxy, allowing users to register human-readable domain names and access private, decentralized services. Additionally, TON holders can participate in governance decisions, shaping the future of the network while using the built-in wallet function for fund transfers.
Toncoin originated as part of the Telegram Open Network, launched in 2018, but was later taken over by the TON Foundation after Telegram discontinued its involvement in 2020. The blockchain’s continued development was led by Anatoliy Makosov and Kirill Emelianenko, members of the NewTON community, who expanded its capabilities beyond its initial vision. Since then, the TON network has evolved into a decentralized ecosystem focused on secure transactions, digital asset storage, and scalable blockchain applications.
We update our Toncoin to USD currency in real-time. Get the live price of Toncoin on Coinbase.
The current market cap of Toncoin is $8.17B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Toncoin is $8.23. This all-time high is highest price paid for Toncoin since it was launched.
Over the last 24 hours, the trading volume of Toncoin is $382.18M.
Assets that have a similar market cap to Toncoin include Stellar Lumens, UNUS SED LEO, Avalanche, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Toncoin is 2.5 billion.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.