FXTM information and reviews
FXTM
95%
OctaFX information and reviews
OctaFX
94%
XM information and reviews
XM
93%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
91%
HFM information and reviews
HFM
89%

Toncoin Price, TON/USD Exchange Rates


Current Rating 25
Symbol TON
Logo
Price change, 1h 0.31%
Price change, 24h 3.43%
Price change, 7d 9.84%
TON current price $2.45
TON Market cap $2 989 369 551
Available supply 1 221 401 181 TON
Volume, 24h $41 167 341

Toncoin (TON) is a decentralized layer-1 blockchain developed in 2018 by the encrypted messaging platform Telegram. The project was then abandoned, taken over by the TON Foundation, and renamed from "Telegram Open Network" to "The Open Network". Since 2020, the technology has been developing thanks to a non-commercial group of supporters and an independent community of enthusiasts who called themselves the TON Foundation. Toncoin, formerly known as Gram, is the native cryptocurrency of the TON network.

The original idea was to integrate TON into an easy-to-use application that allows users to buy/send/store funds. Clients pay transaction fees and use TON to settle payments or validate transactions. Toncoin utilizes the proof-of-stake (PoS) consensus model for network scalability and reliability. According to the project website, the platform provides its customers with fast, transparent and secure payment services, facilitating transactions with minimal fees and third-party applications.

The developers’ mission is to build a full-fledged ecosystem with decentralized storage, decentralized services, a domain name system (DNS equivalent), an anonymous network, an instant payment platform, and affordable/fast transaction processing.

The Open Network is a community-driven blockchain with a flexible architecture and focus on serving a typical consumer. TON stands out due to the fast processing/validation of transactions per second (TPS). In September 2021, the network processed a then-world record of 55,000 TPS during a contest, although the current TPS could be in the hundreds of thousands or even millions. This feature allows the project to grow rapidly while avoiding performance losses. At the same time, the project does not harm the environment.

TON/USD Price and Exchange Rates Charts

TON/USD Price, Exchange Rates chart – 7 days

TON/USD Price, Exchange Rates chart – 30 days

TON/USD Price, Exchange Rates chart – 60 days

* Forex Rating accepts no liability for any errors in the Toncoin Price or TON Information. For the most recent information please visit the Toncoin official site.

Top Cryptocurrencies

# Cryptocurrency 7 days
1 BTC Information Bitcoin 8.82%
2 ETH Information Ethereum 1.27%
3 USDT Information Tether 0.01%
4 BNB Information BNB 5.04%
5 USDC Information USD Coin -0.02%
6 XRP Information XRP 3.39%
7 BUSD Information Binance USD -0.05%
8 ADA Information Cardano 11.05%
9 DOGE Information Dogecoin 4.98%
10 STETH Information Lido stETH -3.32%
11 MATIC Information Polygon 14.42%
12 SOL Information Solana 10.74%
13 DOT Information Polkadot 10.28%
14 SHIB Information Shiba Inu 0.57%
15 WTRX Information Wrapped TRON 3.16%
16 LTC Information Litecoin 3.24%
17 DAI Information Dai 0.02%
18 TRX Information TRON 2.78%
19 AVAX Information Avalanche 11.1%
20 UNI Information Uniswap 8.78%
Cryptocurrency Rating

Top Bitcoin Brokers

All Bitcoin Forex Brokers

BTC/USD Forecasts

Crypto market in no hurry to reach new heights
Crypto market in no hurry to reach new heights

Bitcoin spent most of Wednesday in a shallow corrective mode, pulling back to $22.3K. However, with the start of active trading in New York, optimism returned to the equity markets...

27 Jan 2023

TOP-7 best crypto coins to invest in 2023
TOP-7 best crypto coins to invest in 2023

Since its inception in 2008, Bitcoin has inspired many other crypto projects. There are currently more than 5,000 “alternative” coins - altcoins. 2022 was a stormy year for Wall Street...

27 Jan 2023

Crypto stabilises at cosy height
Crypto stabilises at cosy height

Bitcoin is currently trading at around $23.0K. Spikes to $23.7K and down to $22.5K leave their mark on the chart but do not move the market's balance point...

27 Jan 2023

Bitcoin and Ethereum: no swings in the crypto market
Bitcoin and Ethereum: no swings in the crypto market

The price of Bitcoin is currently stable at the $23,000 level, moving sideways. The price of Ethereum remained stable above the $1620 level. The price of Bitcoin is currently stable at the $23,000...

25 Jan 2023

Bitcoin enters short-term correction
Bitcoin enters short-term correction

Despite positive developments in US stock indices, Bitcoin continued its unsuccessful attempts to consolidate above $23,000 on Wednesday...

25 Jan 2023

Cosmos vs. Polkadot: Which one is the Better Investment?
Cosmos vs. Polkadot: Which one is the Better Investment?

In this article, we will look at the difference between Cosmos and Polkadot, as there are many similarities in end goals, but the approach is quite different...

24 Jan 2023

FXCM information and reviews
FXCM
87%
ActivTrades information and reviews
ActivTrades
86%
RoboForex information and reviews
RoboForex
85%
MultiBank Group information and reviews
MultiBank Group
84%
Libertex information and reviews
Libertex
83%
Vantage information and reviews
Vantage
83%

© 2006-2023 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.