Toncoin Price Chart

Toncoin Market Data

  • Market Capitalization

    $14.75 B

  • Fully diluted valuation

    $29.76 B

  • Volume 24H

    $463.97 M

  • Circulating supply

    2 532 860 983

  • Total supply

    5 111 703 626

  • Circ. percent

    49.6%

  • All-time high

    $8.25 (-29.4%)

  • All-time high date

    Jun 15th, 2024

  • All-time low

    $0.5194 (1 021%)

  • All-time low date

    Sep 21st, 2021

  • First announced

  • Popularity

    10

  • Price Change (1H)

    -$0.0401 (-0.69%)

  • Price Change (1D)

    $0.2411 (4.15%)

  • Price Change (1W)

    $1.51 (26.1%)

  • Price Change (2W)

    $0.4950 (8.52%)

  • Price Change (1M)

    -$0.9621 (-16.6%)

  • Price Change (1Y)

    $12.13 (209%)

  • 24h Range

    $5.49 - $5.87

  • Volume/Market cap

    3.15%

Toncoin News

About Toncoin

Toncoin (TON) is a decentralized layer-1 blockchain developed in 2018 by the encrypted messaging platform Telegram. The project was then abandoned, taken over by the TON Foundation, and renamed from “Telegram Open Network” to “The Open Network”.

Since 2020, the technology has been developing thanks to a non-commercial group of supporters and an independent community of enthusiasts who called themselves the TON Foundation. Toncoin, formerly known as Gram, is the native cryptocurrency of the TON network.

The original idea was to integrate TON into an easy-to-use application that allows users to buy/send/store funds. Clients pay transaction fees and use TON to settle payments or validate transactions. Toncoin utilizes the proof-of-stake (PoS) consensus model for network scalability and reliability. According to the project website, the platform provides its customers with fast, transparent and secure payment services, facilitating transactions with minimal fees and third-party applications.

The developers’ mission is to build a full-fledged ecosystem with decentralized storage, decentralized services, a domain name system (DNS equivalent), an anonymous network, an instant payment platform, and affordable/fast transaction processing.

The Open Network is a community-driven blockchain with a flexible architecture and focus on serving a typical consumer. TON stands out due to the fast processing/validation of transactions per second (TPS). In September 2021, the network processed a then-world record of 55,000 TPS during a contest, although the current TPS could be in the hundreds of thousands or even millions. This feature allows the project to grow rapidly while avoiding performance losses. At the same time, the project does not harm the environment.

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How much is 1 TON?

Conversion Table
TON/USD (US Dollar) 5.81 USD
TON/EUR (Euro) 6.44 EUR
TON/JPY (Japanese Yen) 0.04 JPY
TON/CHF (Swiss Franc) 6.84 CHF
TON/CNY (Chinese Yuan) 0.82 CNY
TON/GBP (British Pound Sterling) 7.62 GBP
TON/INR (Indian Rupee) 0.07 INR
TON/KRW (South Korean Won) 0 KRW
TON/CAD (Canadian Dollar) 4.27 CAD
TON/NGN (Nigerian Naira) 0 NGN
TON/BRL (Brazilian Real) 1.04 BRL
TON/SGD (Singapore Dollar) 4.47 SGD

Toncoin Guides

What Are Zero-Knowledge Proofs?

In this guide, we will delve into everything associated with zero-knowledge proofs, from their history to their multiple use cases. We will explain the pros and cons of this innovative cryptographic method and its growing relevance in the cryptocurrency industry.

Read more
zero-knowledge proofs

What Is a Decentralized Autonomous Organization (DAO)?

Decentralized autonomous organizations (DAO) appear to be an emerging trend that many enthusiasts seem unfamiliar with. Here is a guide to fully explain what a DAO is and other factors concerning it.

Read more
decentralized autonomous organization DAO

Toncoin Price Live Data

Today's live Toncoin price is $5.81 USD, with a 24-hour trading volume of $463 971 770 USD. We provide real-time updates for the TON to USD price. Ethereum has increased by 4% in the last 24 hours. Currently ranked 10 in the cryptocurrency market, Toncoin has a live market cap of $14 747 403 322 USD, with a circulating supply of 2 532 860 983TON coins and the maximum supply not available.
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