由噸幣（噸）轉變為突出的加密貨幣操場的開放網絡（噸）

Toncoin的79億美元資本化將其置於加密貨幣市場的第20位。為了違反完全稀釋的障礙，估值需要提高到162.7億美元。

The Open Network (TON), the native token, has been transformed by the Toncoin (TON) into a cryptocurrency playground of prominence. Recapturing influence, Toncoin now holds the number 20 spot on the market cap list and has risen to $7.9 billion. At a rate of 25.64%, it’s hard to believe that we have gotten this far, and it’s a 3.97% daily price increase to $3.17, which we are talking about in 2025.

本地令牌開放網絡（TON）已被Toncoin（ton）轉化為一個突出的加密貨幣操場。重新接觸影響力，Toncoin現在在市值榜上排名第20位，並已上升到79億美元。以25.64％的速度，很難相信我們已經走了這麼遠，每天的價格上漲了3.97％，至3.17美元，我們在2025年談論的是。

Telegram and Toncoin

電報和噸幣

The primary source of power for the Toncoin is its association with Telegram, a messaging application focused on ensuring its users’ privacy. Initially, it was the management challenges that landed the project in hot water, and it remained in good shape only through the combined efforts of the community, overcoming the transactions legally.

噸幣的主要功率來源是它與Telegram的關聯，Telegram是一項旨在確保其用戶隱私的消息傳遞應用程序。最初，正是管理挑戰將項目置於熱水中，並且只有通過社區的綜合努力，它才能保持良好狀態，從而合法地克服了交易。

As for the problems with TON’s former and current ownership, what resulted in the gradual increase in the number of Telegram’s subscribers from 200K to 900M? The most straightforward response to this is “nothing”, and the network still appears to be as iconic as it ever was, and Toncoin’s network is as powerful as it is.

至於Ton的以前和當前所有權的問題，是什麼導致電報訂戶數量從200k逐漸增加到900m？對此最直接的響應是“什麼都沒有”，並且該網絡似乎仍然像以前一樣標誌性，而且Toncoin的網絡的功能非常強大。

Market Overview and Figures

市場概述和數字

Toncoin’s $7.9 billion capitalization puts it in 20th place in the cryptocurrency market. To breach the fully diluted barriers, the valuation needs to be raised to $16.27 billion.

Toncoin的79億美元資本化將其置於加密貨幣市場的第20位。為了違反完全稀釋的障礙，估值需要提高到162.7億美元。

Toncoin’s occupation of the 24-hour trading avenue, which is $339.47 million as of 24 April 2022, has further confirmed the corporation’s robust liquidity state.

Toncoin對24小時貿易大道的佔領，截至2022年4月24日為3.3947億美元，已進一步證實了該公司的強大流動性州。

Recent Events Leading to TON Growth

最近導致噸增長的事件

TON is really going full speed ahead in 2025. The recent acquisition of Max Crown as the new CEO and the associated strategic vision to bring 30% of the users from Telegram on board by 2028 provide clear evidence of it. The fundraising, which has gathered $400 million in venture backing from, among others, big names like Sequoia and Benchmark, the Foundation is on a clear ascending trajectory.

Ton在2025年確實將全速前進。最近以新的首席執行官為名的Max Crown和相關的戰略願景，將30％的用戶帶到2028年的電報中提供了明確的證據。這項籌款活動已經從紅杉和基準等知名人士那裡收集了4億美元的風險投資，基金會正處於明顯的上升軌跡上。

Price Predictions and Trust from Investors

投資者的價格預測和信任

Positive news about Toncoin’s future prospects and the likelihood of it achieving high valuations has been spreading. According to Coinpedia, it is very likely that Queen Antigen will hit $16.65 in 2025, and tools can be built for recognizing publicly available information on the DeFi savings market. 2030, hopefully, will show a price of $46.77 to be the lowest one, but probably just for a few months.

關於噸幣未來前景及其獲得高估的可能性的積極新聞一直在傳播。根據Coinpedia的說法，皇后抗原很可能在2025年達到16.65美元，並且可以構建工具以識別Defi Savings Market上的公開信息。希望2030年將顯示46.77美元的價格是最低的，但可能只有幾個月。

Technological Edge and Ecosystem

技術優勢和生態系統

Now, what makes Toncoin so special? Well, it runs on a layer-1 blockchain, enabling it to be more scalable and faster. The PoS protocol of this platform has a very low power consumption, which is one of the reasons that it is particularly suitable for the development of DeFi and NFT. The cooperation with Telegram’s TON Space wallet that is now accessible in the United States increases the usability and thus the convenient crypto transactions for the U.S. community.

現在，是什麼使噸幣如此特別？好吧，它可以在1層區塊鏈上運行，從而使其更可擴展和更快。該平台的POS協議具有非常低的功耗，這是它特別適合Defi和NFT的開發的原因之一。現在在美國可以訪問的Telegram噸太空錢包的合作增加了可用性，從而為美國社區提供了方便的加密交易。

Challenges in a Volatile Market

在動蕩的市場中的挑戰

However, despite steady growth, Toncoin has had to overcome some major challenges. A decline of 15.5% in the token’s value in the first week of April 2025 showed its vulnerability, with an annualized 48-hour volatility of 21.3%. The market situation, coupled with the issue of tariffs, has been causing a proclivity among investors for big-name companies, which puts a lot of pressure on alternative coins like TON.

然而，儘管增長穩定，但噸幣仍必須克服一些主要的挑戰。在2025年4月的第一周，令牌的價值下降了15.5％，顯示出其脆弱性，每年48小時的波動率為21.3％。市場狀況，加上關稅問題，引起了投資者的大牌公司的傾向，這給像Ton這樣的替代硬幣帶來了很大的壓力。

Institutional Backing and Strategic Moves

機構支持和戰略舉動

The massive $400 million investment in Toncoin presented in the seed round by well-known venture capital companies in March 2025 has lifted the firm’s spirits. The money raised, in the form of TON tokens, is a sign of the belief in the network directly. Besides that, Toncoin’s ecosystem is further validated by access to TVL through partnerships such as Ethena’s $6 billion, which is integrated with Toncoin.

著名風險投資公司在2025年3月在種子輪中向噸幣進行了巨額耗資的4億美元投資，這取消了該公司的精神。以噸代幣的形式籌集的資金是直接信念網絡的標誌。除此之外，托幣的生態系統通過與TONCOIN融合的60億美元的合作夥伴關係通過訪問TVL的訪問進一步驗證。

Community and Adoption Trends

社區和採用趨勢

The massively growing user base of Toncoin can be exemplified by the fact that the TON blockchain users have risen from 4 million to 41 million in the last year. The user extension has been a result of the integration of Telegram, which, in addition to the million-dollar Telegram Bond Fund initiatives, is at the peak of the major trend for 2025, asset integration in the crypto world.

噸幣的用戶基礎大量增長，可以用這一事實為例，即噸區塊鏈用戶在去年的400萬增加到4100萬。用戶擴展是電報集成的結果，電報的結果是，除了百萬美元的電報債券基金計劃之外，它是2025年主要趨勢的頂峰，即加密貨幣世界中的資產整合。

Competitive Landscape

競爭格局

Next, Toncoin is clashing with the layer-1 titans like Ethereum and Solana. The current Ethereum market cap is $220.63 billion, compared to which Toncoin’s connection with Telegram is rather innovative. Its selection of user-friendly decentralized

接下來，Toncoin與以太坊和Solana等第1層巨人衝突。目前的以太坊市值為2206.3億美元，與Toncoin與電報的聯繫相比具有創新性。它選擇用戶友好的分散化