Latest TON Token (TON) News Update

TLDR TON rides Telegram's coattails with bold price bets and visa perks – but can it dodge whale sell-offs? Here’s what’s trending:
1. Golden Visa hype – 80% discount for TON stakers sparks adoption hopes
2. $3.75 breakout watch – Traders flag bullish patterns despite recent pullback
3. Channel breakdown alert – Technicals warn of 15% drop risk
4. $400M treasury play – Supply squeeze narrative clashes with whale dominance

Deep Dive

1. @CoinMarketCap: Golden Visa discount fuels ecosystem growth bullish

"Staking TON + fees cuts UAE Golden Visa cost by 80%"
– @CoinMarketCap (12.5M followers · 8.2M impressions · 2025-08-12 13:35 UTC)
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What this means: This is bullish for TON because reduced entry barriers for high-net-worth users could drive staking demand and reduce circulating supply. However, similar 2025 UAE partnership rumors previously caused 5% price drops when debunked.

2. @CryptoTrader: $3.75 breakout setup forms bullish

"TON testing $3.70 resistance, bullish flag suggests $3.78 target if $3.63 holds"
– @CryptoTrader (89K followers · 412K impressions · 2025-08-02 05:52 UTC)
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What this means: This is bullish for TON as the ascending channel since July 25 aligns with rising RSI (68) and 142% weekly price gain. However, the token faces overhead resistance at its 2025 high of $3.77.

3. @ChartMaster: Uptrend breakdown warns bearish

"TON broke key trendline support – $3.10 next if $3.35 fails"
– @ChartMaster (203K followers · 1.1M impressions · 2025-08-06 09:54 UTC)
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What this means: This is bearish for TON as the breakdown from its 45-day ascending channel (previously containing 87% of price action) suggests potential profit-taking. IntoTheBlock data shows 740M TON held at $3.10 – critical support.

4. @Bloomberg: Institutional treasury gambit mixed

"$400M TON accumulation plan mirrors MicroStrategy's BTC strategy"
– @Bloomberg (8.9M followers · 23M impressions · 2025-07-25 14:22 UTC)
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What this means: This is mixed for TON – while supply reduction could boost prices, whales already control 65.87% of circulation. The initiative remains unconfirmed, and similar 2024 treasury announcements saw 20% volatility within 72 hours.

Conclusion

The consensus on TON is mixed, balancing Telegram's massive user base against extreme whale concentration and regulatory overhangs. While technical traders eye $3.75-$5.50 upside, the 9% address profitability rate (IntoTheBlock) suggests most holders remain underwater. Watch the $3.63-$3.70 resistance zone this week – a clean breakout could confirm bullish momentum, while rejection might reactivate bearish channel targets.