Toncoin Surges 10% on UAE Golden Visa Partnership

Toncoin (TON) has seen a significant price increase, rising more than 8% today. This surge is attributed to a major development in its partnership with the United Arab Emirates, which has introduced a blockchain-based residency program. The program offers a 10-year Golden Visa to eligible TON stakers who commit to staking $100,000 worth of TON for three years and pay a one-time processing fee of $35,000. This initiative is designed to attract high-net-worth individuals and long-term crypto holders by providing residency benefits in exchange for network participation.

The program allows applicants to secure a Golden Visa by staking the specified amount of TON, bypassing traditional real estate or income requirements. This move is expected to attract a wide range of crypto enthusiasts and investors seeking alternative residency options. The staking period is set at three years, with a one-time processing fee of $35,000. Notably, users retain full control of their funds, which remain locked in a decentralized smart contract and can be fully withdrawn after the staking period.

Following the announcement, the TON price surged by 10%, reflecting the crypto community's positive response to this development. The initiative is seen as a strategic move by Toncoin to expand its user base and increase the adoption of its cryptocurrency. The partnership with the UAE, known for its crypto-friendly laws, further solidifies Toncoin's position in the global crypto market.

This new residency program is a testament to the growing acceptance of cryptocurrencies in mainstream financial systems. By offering a crypto-native option for residency, Toncoin and the UAE are paving the way for more innovative use cases of digital assets. The program not only provides a flexible residency option but also encourages long-term staking of TON, which could potentially drive up its value over time. The move is expected to attract a wide range of crypto enthusiasts and investors seeking alternative residency options, further boosting the adoption and value of TON in the global market.

The 4-hour chart for Toncoin shows a strong technical breakout. The price had been consolidating between $2.73 and $2.95 for the past two weeks. On July 5, TON dipped into a key demand zone near $2.73 and sharply rebounded. This bounce produced a large green candle that broke through the $2.90 resistance, confirming a bullish break of structure (BOS). The breakout suggests a potential reversal in short-term trends, with Toncoin price now trading well above the previous resistance level. If TON holds above the $2.90 area, the move could extend toward $3.10 and beyond. The former resistance may now act as support on any pullback.

The support area between $2.70 and $2.73 has held up after two clean retests. This zone attracted buyers both times the price dropped to it, forming a foundation for the current push upward. The strength of the bounce and size of the breakout candle point to increased buyer interest. Traders are watching for a possible retest of the $2.90–$2.93 zone. If TON price remains above this range, the setup may support continued upward momentum.

The UAE Golden Visa announcement aligns with a broader interest in digital residency programs tied to crypto. By combining staking with a long-term incentive like residency, Toncoin expands its appeal to strategic investors. The offer to retain full control of staked tokens while accessing a 10-year visa could support both price stability and lock-in network liquidity. The partnership and breakout structure appear to be driving both technical and narrative momentum for TON price heading into the week.