TON Crosses $3 as Telegram Attracts Users Seeking Alternatives to WhatsApp Ads
20 June 2025
Telegram is seeing a surge in new users as WhatsApp rolls out in-app advertisements, a shift that’s also powering gains for The Open Network (TON), Telegram’s native cryptocurrency. TON has climbed an impressive 140% so far in 2024 and recently broke through the key $3 barrier, driven by heightened trading activity and growing confidence in Telegram’s blockchain ecosystem.
Breaking above $3 represents a significant psychological milestone for TON, signaling strong investor interest as Telegram cements its position as an ad-free, crypto-integrated alternative to traditional messaging apps.
Despite experiencing volatility, TON has maintained its upward momentum, establishing solid support levels and drawing increasing attention from institutional players.
Technical Snapshot
- TON continues to form a strong uptrend, posting higher highs and higher lows, recently breaking past resistance at $2.97 on robust volume.
- Key support has settled at $2.94, with another level forming at $2.982 following recent price fluctuations.
- During the 8:00 hour, trading volume spiked past 3 million units—almost triple the average for that period—suggesting potential institutional accumulation.
- A sharp V-shaped recovery pattern developed amid recent volatility, with notable volume during both the selloff (75,822 units) and the rebound (92,561 units).
- TON successfully reclaimed the $2.995 level after a pullback, reinforcing its overall bullish trajectory.
With Telegram’s user base expanding and TON’s technical outlook strengthening, analysts believe further gains could be on the horizon as 2024 unfolds.
