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**Toncoin (TON) Price: Can This Cryptocurrency Break the $3 Barrier as Trading Volume Surges**
In a dramatic turn of events, Toncoin’s price has been steadily increasing throughout the week. At the time of writing, the cryptocurrency is trading at $2.87, marking an impressive 0.8% increase over the past 24 hours. This surge in trading volume to $86.82 million with a whopping 22.58% increase further solidifies this upward trajectory.
The market appears to be optimistic about TON’s potential price movement. DigitalCoinPrice forecasts that Toncoin could exceed its all-time high of $8.24 by the end of 2025, suggesting a trading range between $5.60 and $6.29 during late 2025. Their analysis emphasizes the expected network growth and increased adoption within the Toncoin ecosystem.
Conversely, Changelly provides a more conservative outlook with a projected price range of $3.61-$3.80 for June 2025. It seems that investors are increasingly taking notice of TON’s potential.
The recent surge in trading volume indicates renewed confidence in the broader cryptocurrency market. The current price action is garnering attention as traders eagerly await the psychological barrier at $3. Market participants are closely monitoring this development, as it may be a crucial turning point for the asset’s future performance.
Will Toncoin break the $3 barrier? With trading volume surging and analysts offering varied yet promising forecasts, only time will tell. Stay tuned for further updates on TON’s price action!
Source: coincentral.com
