{"id":68651,"date":"2026-02-23T17:16:01","date_gmt":"2026-02-23T17:16:01","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/toncoin-price-gains-amid-volume-spike-is-2-next-for-ton\/"},"modified":"2026-02-23T17:16:01","modified_gmt":"2026-02-23T17:16:01","slug":"toncoin-price-gains-amid-volume-spike-is-2-next-for-ton","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/toncoin-price-gains-amid-volume-spike-is-2-next-for-ton\/","title":{"rendered":"Toncoin price gains amid volume spike: is $2 next for TON?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/trading-chart-toncoin-soars-notcoin-bitbot-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/trading-chart-toncoin-soars-notcoin-bitbot-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/trading-chart-toncoin-soars-notcoin-bitbot-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/trading-chart-toncoin-soars-notcoin-bitbot-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Toncoin price is up 4% as key metrics like volume and TVL rise.<\/li>\n<li>A breakout above the $1.50 zone could result in upside momentum.<\/li>\n<li>If broader sentiment doesn\u2019t invalidate the outlook, the next target could be above $2.<\/li>\n<\/ul>\n<p>Toncoin (TON) is demonstrating resilience as a challenging crypto market sees several altcoins slump to new lows.<\/p>\n<p>The token trades around $1.37 with a modest 4% gain in 24 hours, and it\u2019s seeing a notable surge in trading volume.<\/p>\n<p>The total value locked is also up and highlights a potential strength that could embolden bulls and allow them to target the $2.00 mark.<\/p>\n<p>Toncoin\u2019s bullish outlook, however, could be tempered by the broader sentiment across major cryptocurrencies.<\/p>\n<p>Bitcoin, which trades around $65,800 as bulls struggle with macro headwinds, highlights the bearish dangers.<\/p>\n<h2>Toncoin gains amid volume spike<\/h2>\n<p>Toncoin\u2019s intraday gains to $1.37 buck the trend that saw BTC dip to under $65k before posting a slight recovery.<\/p>\n<p>Other coins, including <a href=\"https:\/\/coinjournal.net\/news\/ethereum-price-outlook-as-investors-pull-36m-from-eth-products\/\">Ethereum<\/a>, BNB and XRP, have notched downward moves amid growing negative sentiment in an increasingly risk-averse environment.<\/p>\n<p>The 25% spike in daily trading volume to $80 million reflects the cryptocurrency\u2019s likely upward strength.<\/p>\n<p>Buyers have also bumped up open interest in TON, currently at $182 million.<\/p>\n<p>While long positions account for nearly 70% of the \u201crekt\u201d value in the past 24 hours, data shows more shorts have been liquidated in the past 12 hours.<\/p>\n<p>Additionally, TON\u2019s Total Value Locked (TVL) in DeFi protocols has climbed to $165 million.<\/p>\n<p>The global defi TVL stood at $204 billion at the time of writing, but was less than 0.7% up in the past 24 hours.<\/p>\n<p>In comparison, TON had its TVL up by nearly 2% to signal increased interest in protocols on The Open Network.<\/p>\n<p>Meanwhile, the stablecoin market cap on TON has also risen to $941 million, with USDT dominance at 79%.<\/p>\n<p>These metrics suggest capital rotation into TON, rather than gains being driven by broad speculation.<\/p>\n<h2>TON price prediction: Is $2 next?<\/h2>\n<p>Toncoin approaches a pivotal technical juncture on the daily chart. Gains to intraday highs have bulls testing resistance from a descending trendline that has capped upside since late 2025.<\/p>\n<figure id=\"attachment_361921\" aria-describedby=\"caption-attachment-361921\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-361921\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/TONUSD_2026-02-23_19-06-03.png\" alt=\"Toncoin Price Chart \" width=\"972\" height=\"2037\"\/><figcaption id=\"caption-attachment-361921\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/TONUSD\/\" target=\"_blank\" rel=\"noopener\">Toncoin price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>A successful breakout could allow bulls to target the 50-day EMA. This hurdle currently sits near $1.48, a level aligning with recent consolidation zones and a key resistance line since Dec. 2024.<\/p>\n<p>If the supply zone paves the way amid overall bullish sentiment, momentum could drive TON toward the 200-day EMA around $2.0.<\/p>\n<p>This outlook might strengthen if neutral RSI readings near 43 flip higher and the daily MACD invalidates the bearish hint.<\/p>\n<p>However, Bitcoin\u2019s ongoing selloff pressure amid deleveraging and ETF outflows might pose a downward risk for the token.<\/p>\n<p>Currently, macroeconomic headwinds have dragged BTC back to the $65k area.<\/p>\n<p>A similar outlook for TON could bring the $1.12 support level into view.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/toncoin-price-gains-amid-volume-spike-is-2-next-for-ton\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Toncoin price is up 4% as key metrics like volume and TVL rise. A breakout above the $1.50 zone could result in upside momentum. If broader sentiment doesn\u2019t invalidate the outlook, the next target could be above $2. Toncoin (TON) is [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":68652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/68651"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=68651"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/68651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/68652"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=68651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=68651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=68651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}