Toncoin Price Rally Targets $8 As Addresses With Balance Hit 40M

Toncoin price bounced 4.2% to $6.47 during the U.S. trading session on Monday. The new week started bullish for most major altcoins, projecting market stability to recover losses from the July correction. Though Bitcoin’s struggles to surpass the $60,000 mark still dampen broader market optimism, the TON network displays promising growth, fueled by its recent listings on major exchanges and record surge in on-chain metrics.