TON closed at $5.134, marking a 2.88% decline for the day. Despite this drop, key developments within the TON ecosystem are drawing increased attention from the community.
Technical Analysis: MACD and CMF Insights
On the 1-day chart, the MACD line is below the signal line, indicating bearish momentum. Although the histogram currently suggests sellers dominate, the shrinking bars hint at weakening bearish pressure. A breakout above the MACD line could signal a bullish reversal, but for now, traders should remain cautious.
Conversely, the Chaikin Money Flow (CMF) shows a value around 0.06, reflecting positive buyer sentiment. A consistently positive CMF suggests a net capital inflow into TON, which could stabilize the price despite recent declines.
Related: TON Foundation Targets the US Market with Blockchain Expansion
Mixed signals from the MACD and CMF lean slightly bearish, but buying interest could trigger a rebound. If the CMF stays positive and buyer momentum increases, TON might attempt to test resistance at $5.30. However, a drop below $5.00 would indicate heightened bearish momentum.
Traders should monitor the MACD crossover and changes in trading volume for clearer market direction.
TON’s 2025 Roadmap: Ecosystem Upgrades and Security Enhancements
Accelerator Mainnet Upgrade
TON Core has announced its ambitious 2025 roadmap, featuring key updates to enhance network performance. The Accelerator Mainnet Upgrade introduces infinite sharding and optimized shard chain tracking to improve node functionality and ensure stable transactions during high traffic periods.
Strengthening Validator Security
The TON Proxy update includes improved penalties and robust DDoS protections to stabilize validator operations.
Layer 2 Payment Network
The upcoming Layer 2 Payment Network, designed for instant transactions and low fees, is currently in beta testing. The network promises enhanced functionality for high-frequency trading and gaming applications once fully implemented.
TOLK 1.0 and Toncenter API Enhancements
A major addition to the ecosystem is TOLK 1.0, a new programming language offering advanced features like pattern matching and smart contract interfaces. Complementing this is an updated Toncenter API, which simplifies user interactions with features like human-readable transaction chains.
TON’s collaborations with DeDust, MyTonWallet, and the TON BTC Teleport platform further underscore its commitment to innovation.
Related: TON Ecosystem Expands with Stablecoins, DEX Growth in 2024
Exclusive Partnership with Telegram
Telegram’s partnership with the TON Foundation further cements TON’s position in blockchain innovation. Under the agreement, TON will serve as the exclusive infrastructure for Telegram’s Mini App ecosystem. Telegram will also continue accepting Toncoin for all non-fiat transactions.
As part of the transition, all crypto-related MiniApps must migrate to the TON Blockchain by February 21, 2025. Developers must align with this exclusivity policy by ceasing references to non-TON platforms.
This partnership strengthens TON’s strategic position and aligns it with Telegram’s ecosystem goals, signaling significant growth opportunities for developers and users.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
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