{"id":27839,"date":"2026-05-07T13:14:26","date_gmt":"2026-05-07T13:14:26","guid":{"rendered":"https:\/\/bitunikey.com\/news\/heres-why-toncoin-price-rallied-over-100-this-week\/"},"modified":"2026-05-07T13:14:38","modified_gmt":"2026-05-07T13:14:38","slug":"heres-why-toncoin-price-rallied-over-100-this-week","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/heres-why-toncoin-price-rallied-over-100-this-week\/","title":{"rendered":"Here\u2019s why Toncoin price rallied over 100% this week"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Toncoin price went parabolic this week, surging more than 100% after Telegram founder Pavel Durov announced a major strategic overhaul that places Telegram directly at the center of The Open Network ecosystem.<\/p>\n<div id=\"cn-block-summary-block_d6975c4cdfd3a102e77c649989e1f57b\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Toncoin price surged more than 100% this week after Telegram founder Pavel Durov announced that Telegram would take direct control of TON ecosystem development.<\/li>\n<li>Telegram became the network\u2019s largest validator and introduced the \u201cMake TON Great Again\u201d roadmap focused on scaling, faster transactions, and deeper Telegram integration.<\/li>\n<li>TON rallied after transaction fees were reduced to near-zero levels and the Catchain 2.0 upgrade improved block times to roughly 400 milliseconds.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Toncoin (TON) climbed from below $1.20 earlier this week to as high as $2.90 on Wednesday before stabilizing near $2.43 at press time. The explosive move made TON one of the best-performing large-cap cryptocurrencies over the past seven days.<\/p>\n<p>The primary catalyst behind the rally came after Durov revealed on May 4 that Telegram would replace the TON Foundation as the main force driving network development and adoption.<\/p>\n<p>As part of the shift, Telegram has reportedly become the largest validator on the network after staking millions of TON tokens, aligning the company\u2019s interests more directly with the blockchain\u2019s long-term growth and stability.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Durov also introduced a new roadmap dubbed \u201cMake TON Great Again,\u201d or MTONGA, which outlines a seven-step strategy focused on scaling infrastructure, improving transaction speeds, and expanding TON\u2019s integration across Telegram\u2019s ecosystem of over 1 billion users.<\/p>\n<p>Investor sentiment strengthened further after the network sharply reduced transaction fees by nearly sixfold to around $0.0005, a move aimed at making TON more attractive for microtransactions, mini-apps, and consumer payments.<\/p>\n<p>At the same time, TON\u2019s recent Catchain 2.0 infrastructure upgrade significantly improved network performance by lowering block times to roughly 400 milliseconds, allowing near-instant transaction finality.<\/p>\n<p>The combination of deeper Telegram integration, faster infrastructure, and lower transaction costs triggered aggressive buying activity across spot and derivatives markets, while short liquidations accelerated upside momentum.<\/p>\n<p>On the daily chart, Toncoin price confirmed a powerful breakout from a prolonged accumulation range after exploding above the key $1.60 resistance zone.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Toncoin price and RSI chart \u2014 May 7 | Source: crypto.news<\/figcaption><\/figure>\n<p>The rally also pushed TON above its 200-day moving average near $1.55, reinforcing bullish momentum and signaling a possible shift in long-term trend direction.<\/p>\n<p>Momentum indicators suggest buyers remain firmly in control despite signs of short-term overheating.<\/p>\n<p>The RSI surged above 90, reflecting extremely strong buying pressure, though such elevated levels could also signal a temporary cooling-off period or near-term volatility ahead.<\/p>\n<p>At the same time, the moving average ribbon has started turning bullish, with shorter-term moving averages crossing back above longer-term averages following weeks of sideways consolidation.<\/p>\n<p>If bullish momentum continues, traders could next target the psychological $3 level, followed by the broader resistance region near $3.20.<\/p>\n<p>On the downside, failure to hold above the $2.00 breakout zone could trigger profit-taking and a retest of support near the $1.60\u2013$1.70 range before another upward move.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Toncoin price went parabolic this week, surging more than 100% after Telegram founder Pavel Durov announced a major strategic overhaul that places Telegram directly at the center of The Open&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1200,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-27839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=27839"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27839\/revisions"}],"predecessor-version":[{"id":27840,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27839\/revisions\/27840"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1200"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=27839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=27839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=27839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}