What is TON Coin?

TON Coin (TON) is a Layer-1 blockchain network currently ranked 23rd by market capitalization across all crypto assets we track. As a Layer-1 network, TON provides settlement, consensus, and computation for a wider ecosystem of applications. The token plays a dual role: paying for transaction fees, and acting as the economic incentive securing the network.

Market position

At the current price of $1.63, TON Coin carries a market capitalization of $4.14B. Daily trading volume across exchanges sits at roughly $122.39M. That works out to a 24-hour turnover of about 2.96% of the float — consistent with healthy market activity for a mid-to-large cap asset.

Price action across timeframes

Over the past 24 hours, TON Coin has moved -5.38%; over the past week, TON Coin has moved -20.91%; over the past 30 days, TON Coin has moved +52.88%; over the past year, TON Coin has moved -35.71%.

Volatility profile

Recent price action puts TON Coin in the High-volatility bucket. The asset has been actively trading, with daily moves that would be unusual in traditional equities. Over the past 30 days, the 30-day move totals +52.88%, which traders should weigh against position sizing and stop-loss placement.

How to evaluate TON Coin

A balanced read on TON typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is TON performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.