TON

Toncoin price 
TON

$7.34  

0.53% (1d)

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Toncoin statistics
Market cap
 

0.64%

$18,466,626,280
#8
Volume (24h)
 

12.72%

$176,226,509
#38
Volume/Market cap (24h)
 
0.95%
Circulating supply
 
2,514,774,167 TON
Total supply
 
5,109,255,543 TON
Max. supply
 
Fully diluted market cap
 
$37,518,562,860
TON to USD converter
TON
USD
Price performance
24h 
Low
$7.22
High
$7.35
All-time high
Jun 15, 2024 (a month ago)
$8.24
-10.87%
All-time low
Sep 20, 2021 (3 years ago)
$0.3906
+1779.91%
See historical data
Popularity
In watchlists513,491x
151st / 10.0K
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About Toncoin

What Is Toncoin (TON)?

Toncoin (TON) is the native cryptocurrency of the decentralized layer-1 blockchain, The Open Network (TON). The TON blockchain is open-sourced and supported by many network contributors, including the Switzerland-based non-profit organization, the TON Foundation.

Since 2017, the Telegram team had been developing the codebase for a blockchain network, then named Telegram Open Network (TON), with a native cryptocurrency named 'Gram.' In May 2020, Telegram founder and CEO Pavel Durov announced the end of Telegram's involvement with the TON Blockchain following a court order by the SEC. The Gram token was never issued.

Since 2020, the technology has been developed by an independent community of developers and blockchain enthusiasts. The non-profit TON Foundation is the most prominent of these supporters. The blockchain was renamed from "Telegram Open Network" to "The Open Network," with Toncoin now the native cryptocurrency of the TON network. The whitepaper contains part of the original codebase written by Dr. Nikolai Durov, co-founder of Telegram and brother of Pavel Durov. Toncoin utilizes the proof-of-stake (PoS) consensus model for network scalability and reliability.

TON Foundation's vision is to empower 500 million users to own their digital identity, data, and assets by 2028 by empowering developers to build a Web3 ecosystem in Telegram Messenger.

Who Founded Toncoin?

What Makes Toncoin Unique?

How Many Toncoin (TON) Coins Are There in Circulation?

How Is the Toncoin (TON) Network Secured?

Where Can You Buy Toncoin (TON)?

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