The Open Network’s TON token is making a strong recovery, defying recent market odds after a prolonged downtrend.
On-chain data indicates about 10% of TON holders are now back in profit, a significant shift from when nearly all holders were at a loss, signaling renewed bullish interest in the Telegram-linked token.
1/ TON is one of the few tokens in the green today, rebounding from a prolonged downtrend that left nearly 100% of holders at a loss in early March. Its steady upswing now has roughly 10% of holders back in profit. pic.twitter.com/zcWXmoFLkE
— IntoTheBlock (@intotheblock) March 28, 2025
This resurgence largely follows Telegram founder Pavel Durov revealing major investments into the project from top Silicon Valley VC firms.
On March 26, Durov stated that prominent funds including Sequoia, Benchmark, Ribbit, Draper, and VY Capital had collectively invested over $400 m…
The post Decoding TON’s Rally: $400M VC Trust Vote & Strong On-Chain Signals appeared first on Coin Edition.
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