
Toncoin TONPrice $ 3.35
Rank: 14
TON Price
General Info
Contracts/Explorers:
Ethereum
Funds and Backers
Description
TON is an layer1 blockchain, created by the community using a technology designed by Telegram.
Links
Toncoin (TON) Chart
TON to USD Converter











What is Toncoin (TON)?
TON is a fully decentralized layer-1 blockchain designed by Telegram to onboard billions of users. It boasts ultra-fast transactions, tiny fees, easy-to-use apps, and is environmentally friendly. TON is scalable and shardable. Its flexible architecture lets it grow and grow, with no loss of performance. Since 2020, the technology has been developing thanks to a non-commercial group of supporters and an independent community of enthusiasts who called themselves the TON Foundation. Toncoin, formerly known as Gram, is the native cryptocurrency of the TON network.
The original idea was to integrate TON into an easy-to-use application that allows users to buy/send/store funds. Clients pay transaction fees and use TON to settle payments or validate transactions. Toncoin utilizes the proof-of-stake (PoS) consensus model for network scalability and reliability. According to the project website, the platform provides its customers with fast, transparent and secure payment services, facilitating transactions with minimal fees and third-party applications.
TON has a multi-level structure built on the principle of sharding or segmentation ("blockchain within a blockchain"). A sharding feature involves the use of multiple subnets (shards) on the same blockchain, where each shard has a specific purpose. It allows the net to avoid the accumulation of unverified blocks and speeds up tasks. The TON network consists of the master, work and shard chains.
Toncoin Price Today
Toncoin's current price is $ 3.35, it has dropped -6.44% over the past 24 hours.
Toncoin's All Time High (ATH) of $ 8.26 was reached on 15 Jun 2024, and is currently -59.5% down.
The current circulating supply of Toncoin is 2.47 Billions tokens, and the maximum supply of TON is unlimited.
Toncoin’s 24 hour trading volume is $ 188.58 Million.
Toncoin's current share of the entire cryptocurrency market is 0.29%, with a market capitalization of $ 8.27 Billions.
You can find more details about Toncoin on its official website and on the block explorer.
Trending Coins and Tokens 
- 317
RedStone
RED$ 0.410
1.01% - 92
Walrus
WAL$ 0.514
5.88% - 735
GUNZ
GUN$ 0.0421
6.03% - 149
Wormhole
W$ 0.0893
0.66% - 381
Nillion
NIL$ 0.421
0.53% - 18
Sui
SUI$ 2.23
0.12% - 208
zkSync
ZK$ 0.0606
0.41%