TON (open network)
TON is a decentralized blockchain developed by Nicolai Durov, who is also the inventor of the Telegram messaging app. TON blockchain was created to provide users with a fully decentralized, fast and user-friendly experience. What is Toncoin? Toncoin is the native cryptocurrency of the TON blockchain, powering its ecosystem and enabling transactions. Telegram has a large user base, and TON aims to use this opportunity to make decentralized technology accessible to everyone. TON integrates blockchain and social media to provide tools for payments, decentralized apps (dApps), and digital ownership.
ton coin
Toncoin or $TON is the official cryptocurrency of the Open Network (TON) blockchain, a decentralized blockchain built to integrate Web3 services on social media platforms such as Telegram. TON was created by Nikolai Durov and Pavel Durov. Uses of Toncoin proof of stake (PoS) as a consensus mechanism used to validate blockchain transactions. They select network validators based on the amount of Toncoin they “stake” as collateral. When the Ton token was launched on the TON network in 2018. The current market capitalization of Toncoin is 7,093,527,087.55 dollars. The maximum supply of Toncoin is set at 5 billion tokens, some of which are already in circulation and others can be obtained by: staking Or mining rewards.
The technology behind Ton coin is called “multi-level sharding.” The Open Network (TON), which is a blockchain, is divided into shards or smaller parts, which makes the network very fast. This method allows this network to scale as the number of users and transactions increases without compromising speed or security. TON has Byzantine fault tolerance (BFT) Consensus Algorithm – Enables a distributed system to reach consensus on a single value or state even if some nodes (components) in the network fail or act maliciously by providing incorrect information. BFT makes your network more resilient to attacks from hackers and other miscreants.
Advantages of Toncoin
- speed: Open networks confirm transactions within seconds. This is one of the fastest blockchain technologies.
- Low transaction fees: Open networks have very low transaction fees, making them ideal for everyday transactions.
- Scalability: Multi-level sharding allows TON users to process millions of transactions per second, making it easy to scale.
- Safety: TON uses a Byzantine Fault Tolerant (BFT) consensus algorithm, and the decentralized nature of blockchain makes TON highly secure and resistant to attacks.
Disadvantages of Toncoin
- TON uses a Proof-of-Stake mechanism. This indicates that large stakeholders have more control over the TON network.
- TON blockchain was released in 2018 and Toncoin was released in 2019. Both are relatively new. They have yet to prove that they have a future in the market or within the community.
- There are many competitors in the blockchain space. Many blockchains focus on speed, scalability, and low cost.
Toncoin price
- Current price: $2.8
- Market capitalization : 7.12 billion dollars
- 24-hour trading volume: $138.43 million
- Fully diluted value: $14.52 billion
- Total supply: 5.14 billion tons
- Maximum supply: infinite TON
- Circulating supply amount: 2.51B TON
At the time of writing, Toncoin is trading at $2.8, with a market capitalization of $7.12 billion and a 24-hour trading volume of $138.43 million.
Where to buy Toncoin
TON can be purchased on major centralized exchanges (O.C.) and through decentralized exchanges (dex). Centralized websites where you can trade TON are:
Decentralized options include:
- Binance Web3
- Dust removal
- megaton finance
- STON.fi
Should you invest?
Toncoin leverages a large user base from Telegram and shows great potential following adoption in blockchain-based applications. Integration into the TON ecosystem provides fast transaction speeds, security, and reliability, qualities that attract investors. All in all, the TON community is strong and the TON coin is currently in the top 23 of the entire cryptocurrency market.
Investing in Toncoin involves the same risks as investing in any other coin. Toncoin is highly volatile and its price can fluctuate widely. Before investing in TON, it is important to consider both technical factors, such as price history, and fundamental factors, such as on-chain activity and developments.
Toncoin price prediction
The Toncoin price prediction for the next five years is as follows.
year | Minutes. price | average price | maximum. price | Potential ROI |
---|---|---|---|---|
2025 | $2.69 | $1.61 | $12.69 | 353.29% |
2026 | $2.98 | $6.30 | $12.81 | 357.61% |
2027 | $4.36 | $7.05 | $9.19 | 228.32% |
2028 | $4.30 | $7.45 | $12.84 | 358.59% |
2029 | $9.16 | $10.94 | $12.90 | 360.55% |
2030 | $9.91 | $10.83 | $12.64 | 351.51% |
conclusion
To summarize, Toncoin is cryptocurrency It was created by the Telegram company and runs on a decentralized network called “The Open Network” or TON blockchain. TON uses multi-sharding technology, an innovative technology that splits the blockchain into smaller pieces, or shards, thus providing users with a fast, secure, and user-friendly experience, resulting in faster transactions. TON Coin is Proof of Stake (Pos), a consensus mechanism that allows users who stake the maximum amount of TON Coins as collateral to determine the network validator. With such a unique vision, Toncoin is a cryptocurrency on everyone’s watchlist.
FAQ
Toncoin is the native utility token of the TON blockchain and is used to pay transaction fees, stake to secure the network, execute smart contracts, and participate in protocol governance.
Toncoin price today is $2.82.
Based on Toncoin’s 5% annual growth, Toncoin price will be $2.97 in 2026, $3.61 in 2030, $3.61 in 2030, $4.61 in 2035, and $5.88 in 2040. If the forecast is accurate, investing in tons is a good option. Always do your own research before investing.
Although direct mining is no longer possible, users can still participate in the TON ecosystem by staking TON tokens for network rewards.
TON is a Proof-of-Stake network. This means that its security and stability depend on validators. However, if you have a small amount of Toncoin, you can protect the network by joining the endorser pool.