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Toncoin (TON) has displayed an incredible run over the last few days. The asset is up 1.1% in the daily charts, 28.1% in the weekly charts, and 19.8% in the 14-day charts. Despite the rally, TON’s price has dipped 0.2% over the previous month and 11.6% since March 2024 Also Read: Pi Coin Drops 24.13% Overnight—What’s Next for Investors? Source: CoinGecko Toncoin Outperforms The Market Source: Asia Crypto TON is currently outperforming market leaders, such as Bitcoin (BTC), Ripple’s XRP, and Solana (SOL). The resurgence is likely due to TON founder Pavel Durov being allowed to leave France for Dubai for the first time since his arrest in August 2024. Durov was apprehended due to allegations of failure to reduce criminal activity on Telegram. Also Read: Kava Up to 9.86%: Is This 24-Hour Rally Just The Beginning? The crypto market rallied after the latest FOMC meeting. The rally was likely due to The Fed keeping interest rates unchanged. Toncoin (TON) and other assets saw incre...

The Toncoin price soared 5% in the last 24 hours and 13% in a week to trade at $6.66 as of 02:29 a.m. EST on trading volume that dropped 24% to $469 million. This comes as Binance announced the listing of new TON sport trading pairs on August 8, as the decentralized and open L1 blockchain, created by the community using a technology designed by Telegram, continues to gain traction. Toncoin Price To Continue Surging The Toncoin price dropped at the beginning of August from $6.79, with resistance to finding support at around $5.2, according to data from GeckoTerminal . The bulls then pushed the token back to the $6.79 resistance, forming a rounding bottom pattern. However, the Toncoin price invalidated the bullish prospects of the rounding bottom, as it dropped back to $6.0 and back to the resistance zone, completing a cup and handle pattern. TON price aims for a bullish rally as they capitalize on the pattern to stage a bullish trend over the handle. The price of Toncoin now trade...

As per multiple reports, the TON ecosystem has been struggling to process transactions for a few days now. The TON (TON) ecosystem is seemingly experiencing severe outages as the network ’s users and projects took to X to express their concerns about the network ’s malfunction. While the root cause of the issue remains unclear, some say the volume and transactions on the network jumped significantly recently, which might have resulted in multiple outages . You might also like: TON hits world record for blockchain speed Crypto.news couldn’t immediately verify those reports . An X account for the TonRaffles crypto project confirmed the incident, without elaborating on the matter. Don't panic! The TON network has been experiencing significant outages since last night, and unfortunately our fairlaunch token $RAFF has also been affected by these issues. Our team is actively monitoring the situation, however, we have no direct influence on fixing… pi...