Toncoin Price Analysis: USDT Circulation Boosts TON’s Bullish Outlook For New High

Toncoin Price Analysis. TON, the native cryptocurrency of the Toncoin Network, has exhibited a trend contrary to the broader market. Despite the market-wide sell-off last week, the TON price saw a notable rebound to $7.75. Since then, it has remained sideways, even amidst a recovery in the broader market over the past three days. Nevertheless, the bullish trend in the asset remains intact, as the network has experienced parabolic growth in Total Value Locked (TVL) and increasing utility.