Toncoin (TON) Gains 2% as Institutional Interest and Exchange Listings Boost Liquidity

Toncoin (TON) has recently shown signs of potential growth, with technical indicators suggesting a possible breakout above the $3.00 mark. As of July 15, 2025, TON is trading at approximately $2.98, demonstrating resilience despite recent price fluctuations. The cryptocurrency's market presence has expanded through new exchange listings on platforms such as Zondacrypto and BingX, which have improved its liquidity and accessibility for investors.

Institutional interest in TON has also grown, with Crypto.com Custody announcing support for the cryptocurrency on July 8. This move provides institutional investors with secure storage and staking options, further solidifying TON's position as a viable institutional-grade asset. Additionally, the TON Wallet integrated Omniston on July 12, enhancing its decentralized finance (DeFi) capabilities and making it more accessible to users.

Despite these positive developments, TON faced a regulatory setback when authorities in the UAE invalidated claims that staking $100,000 worth of TON could secure a 10-year Golden Visa. This announcement briefly impacted the price, highlighting the regulatory risks that could affect investor sentiment.

Technical indicators for TON present a mixed but generally positive outlook. The cryptocurrency is currently trading near its 50-period Simple Moving Average (SMA) of $2.99, suggesting potential for a short-term bullish trend if TON breaks above the $3.00 mark. The Relative Strength Index (RSI) at 54.24 falls in the neutral zone with room for upward movement, while the Moving Average Convergence Divergence (MACD) histogram at 0.0310 displays a bullish divergence. The Stochastic oscillator at 71.05 is approaching overbought territory, indicating that the market may be due for a correction.

TON’s price action has been consolidating between $2.90 and $3.05, creating a key decision zone for future direction. Support at this level displays bullish undertones, though the market awaits a definitive breakout. The cryptocurrency’s price is positioned close to the upper Bollinger Band, suggesting a potential resistance level near $3.09. Key support sits at $2.72, with the critical pivot point at $3.00.

Toncoin has demonstrated remarkable recovery strength in recent days. After dropping from over $3.05 to $2.73 due to short-term profit-taking, TON bounced back strongly. The intensity of selling pressure quickly dissipated, giving way to renewed buyer interest. The recovery pushed the token beyond short-term resistance levels, allowing it to reclaim the $2.95 level without serious opposition. As TON approaches the psychological $3.00 barrier, some consolidation has occurred as traders exercise caution.

From a technical perspective, Toncoin sits above both its 20-day and 50-day exponential moving averages ($2.89 and $2.97 respectively), traditionally considered key indicators of short-term momentum. This positioning above both averages further supports the case for continued upward movement. If Toncoin successfully crosses the 100-day EMA at $3.15, its next significant target could be $3.60. However, failure to maintain current support might stall the advance. With the existing structure intact, TON appears poised for sustained progress in upcoming sessions.

As Toncoin navigates both positive ecosystem developments and regulatory challenges, its price behavior in the coming days will likely depend on its ability to maintain momentum above the crucial $3.00 pivot point. The cryptocurrency's market cap of $7.43 billion reflects healthy market activity, and the price stability and technical indicators suggest potential for further growth if current support levels hold.