$TON Surpasses $ADA and $SHIB, Will It Hit $10 This Week?

$TON has hit its all-time high level of $8 a piece despite weakness in the border crypto market which has dragged bigger players like BTC and ETH.

TON coin price today is $8.09. A remarkable 7.9% price increase over the last day puts the coin in a favorable position. With a massive 900 million user base, Telegram's "The Open Network" (TON) blockchain recently surpassed Ethereum in daily active addresses.

After a recent price spike, TON is now the ninth-largest cryptocurrency project by market capitalization, surpassing both Cardano (ADA) and Shiba Inu (SHIB).

According to CoinMarketCap data, the current value of TON's circulating supply is $18.8 billion, exceeding that of ADA ($15.1 billion) and SHIB ($12.5 billion), which are ranked 10th and 11th, respectively.

The integration of the Tether (USDT) stablecoin, the introduction of Notcoin, and Telegram Stars are among the factors credited for the spike.

Moreover, TON coin price is expected to reach a maximum level of $8.23 with a minimum price of $7.83. The average price is predicted to be around $8.02 by the end of the current week.

As we can see, the coin is bullish with a high probability of reaching the $10 mark this week.

However, investors are advised to exercise caution and conduct thorough research before making any investment decisions.