Toncoin (TON) Price, Charts, Market Cap, and Key Metrics

Toncoin Market Overview

Market Segments

• All Markets
• CEX (Centralized Exchanges)
• DEX (Decentralized Exchanges)
• Spot Trading
• Perpetual Contracts
• Futures

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About Toncoin

What Is Toncoin (TON)?

Toncoin (TON) is a decentralized Layer 1 blockchain originally developed by Telegram in 2018. After Telegram abandoned the project, the TON Foundation rebranded it from "Telegram Open Network" to "The Open Network."

Toncoin serves as the native cryptocurrency of the TON ecosystem, designed for fast, low-cost transactions. It uses a Proof-of-Stake (PoS) consensus model, ensuring scalability and energy efficiency. Key features include:

• High TPS (Transactions Per Second): Capable of processing 55,000–1M+ TPS, making it one of the fastest blockchains.
• Consumer-Focused: Aims to integrate payments, storage, and decentralized services seamlessly.
• Eco-Friendly: Low energy consumption compared to traditional PoW blockchains.

👉 Explore Toncoin’s official resources

Who Created Toncoin?

Initially developed by Telegram’s team, Toncoin is now maintained by the TON Foundation, a community-driven organization dedicated to advancing the network’s utility.

What Makes Toncoin Unique?

1. Speed & Scalability: Handles millions of transactions without congestion.
2. Telegram Legacy: Built for mass adoption via user-friendly apps.
3. Versatile Use Cases: Supports DeFi, NFTs, and decentralized storage.

Toncoin Circulating Supply

As of 2024, the circulating supply is dynamically updated on CoinMarketCap. Total supply details are available in the project’s whitepaper.

How Is Toncoin Secured?

TON uses PoS validation, where stakers secure the network and earn rewards. Its sharding mechanism further enhances security and efficiency.

Where to Buy Toncoin (TON)?

TON is listed on major exchanges like:

• Binance
• OKX
• Bybit

👉 Compare exchanges for TON trading

Frequently Asked Questions (FAQ)

Is Toncoin affiliated with Telegram?

No. While Telegram initially developed TON, it is now fully independent, managed by the TON Foundation.

What’s the difference between TON and Toncoin?

"TON" refers to The Open Network (the blockchain), while "Toncoin" (TON) is its native cryptocurrency.

Can I stake Toncoin?

Yes! TON supports staking via PoS. Users can delegate tokens to validators for passive income.

Related Cryptocurrencies

Similar projects include:

• Ethereum (ETH)
• Solana (SOL)
• Polkadot (DOT)

Disclaimer: This page may contain affiliate links. CoinMarketCap may earn compensation for actions taken via these links. See the Affiliate Disclosure for details.

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