- TON Foundation forms $400M treasury with Kingsway, not through direct fundraising
- Telegram’s TON Wallet rollout reaches 87M users in the US, boosting Toncoin’s retail exposure
- Despite bullish signals, TON may drop 24.55% by Dec 2025 without volume support
Toncoin is entering a critical phase in its growth, supported by a strategic move aimed at solidifying both retail and institutional confidence.
The TON Foundation has partnered with Kingsway Capital to establish a new $400 million treasury initiative, clarifying that this is a strategic partnership rather than a traditional fundraising round.
This marks a significant development for the cryptocurrency’s ecosystem, combining a strong financial strategy with long-term planning. The treasury is also backed by major US-based venture capital firms, showing a high level of institutional trust in TON’s potential.
Telegram Wallet Rollout and Market Impact
This new treasury announcement comes on the heels of the launch of Telegram’s native TON Wallet, which has already rolled out to around 87 million US-based Telegram users.
This dual-pronged approach, institutional reinforcement via the treasury and mass retail expansion via the Telegram wallet, strategically positions Toncoin to serve both user bases at once.
Related: Toncoin Price Dumps As UAE Authorities Call TON Golden Visa Offer Unofficial
TON’s Price Consolidates after the Major News
Despite this strong fundamental momentum, the current price action reflects short-term caution. At press time, TON trades at $3.17 after recovering from a recent dip to $3.05. Key resistance currently lies at the $3.30 mark, while strong support levels are holding around $3.10 and $3.05.
With 24-hour trading volume down nearly 20%, momentum appears subdued. Consequently, price consolidation or a pullback seems likely unless buyers step in with volume.
Technical indicators show a mixed but stable picture
The MACD suggests early bullish momentum, hinting at a potential recovery if market sentiment turns favorable. Meanwhile, RSI stands around 57.43, showing moderate buying interest without indicating overbought conditions.
Looking ahead to December 2025, Toncoin’s predicted trading range falls between $2.35 and $2.39. This implies a potential 24.55% decline from today’s price. However, if the forecast proves incorrect and TON rebounds, it could offer up to 23.92% gains for investors.
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.
