TON Token is currently trading at $2.82**, with a 24-hour trading volume of **$3,533. The price has surged by 452.56% over the past day and increased by 196.94% in the last seven days, signaling strong market momentum. Despite this upward trend, the current market cap stands at $0, with a maximum supply capped at 5,047,558,528 TON coins and 0 tokens in circulation. As of now, TON Token ranks #1847 in the global cryptocurrency market.
The present price is 91.20% below its all-time high but remains 192,316.76% above its historical low. All data is updated in real time, offering traders and investors accurate insights into TON’s performance.
What Is TON Token (TON)?
TON Token (TON), also known as Free TON, is an Ethereum-based cryptocurrency originally inspired by the Telegram Open Network (TON) initiative. The project was conceived to revolutionize crypto payments by integrating a decentralized payment infrastructure directly into Telegram — one of the world’s most popular messaging platforms.
It's important to distinguish TON Token from Toncoin (TON) — despite sharing similar names and origins, they are separate projects. TON Token emerged from TON Labs, while Toncoin is the native token of The Open Network (now officially backed by Telegram’s co-founder, Pavel Durov).
The original vision for TON was developed by the Durov brothers, creators of Telegram. Their goal was to embed a high-speed, scalable blockchain directly within the Telegram ecosystem to enable instant, low-cost transactions. However, regulatory challenges — particularly a prolonged legal battle with the U.S. Securities and Exchange Commission (SEC) — halted Telegram’s direct involvement.
In 2021, Telegram lost the case after the SEC ruled that its planned token distribution violated securities laws. As a result, Pavel Durov officially stepped back from leading the project. But instead of abandoning it, he released the TON blockchain code as an open-source project on GitHub, empowering the community to continue development independently.
This open release led to two distinct forks:
- TON Token (developed by TON Labs)
- Toncoin (maintained by The Open Network community)
While both aim to advance decentralized communication and payments, only Toncoin has gained official recognition and indirect support from Durov in recent years.
Trademark Conflict Over the TON Name
A major point of contention arose between TON Labs and The Open Network over who had the rightful claim to the "TON" name.
In June 2021, The Open Network reached out to Pavel Durov requesting access to the original GitHub repository and domain assets. They later launched a wallet app on Google Play using the TON branding. In response, TON Labs filed for trademark registration of “TON” in the European Union and lodged complaints against The Open Network for trademark infringement.
However, a prior agreement between Durov and TON Labs explicitly allowed usage of the name without granting exclusive trademark rights. Because of this clause, the EU trademark registration was invalidated due to breach of contract.
Despite this setback, Free TON began enforcing its branding aggressively. In response, Durov publicly supported The Open Network and threatened legal action against entities misusing the TON name. Faced with legal pressure, TON Labs ceased enforcement efforts and announced it would no longer use "TON" in its branding.
By August 2021, Pavel Durov formally transferred full ownership rights of the TON brand and codebase to The Open Network, effectively consolidating authority under the community-driven project now widely recognized as The Open Network (with Toncoin as its native token).
👉 Learn how decentralized networks like TON are redefining user control and digital ownership in Web3.
Key Price Metrics for TON Token
Understanding key historical price points helps assess market sentiment and potential future movements.
What Was TON Token’s All-Time High?
TON reached its peak price of $32.02 on April 24, 2025 — approximately two months and one week ago. This high reflects a period of intense speculation and community-driven growth before regulatory clarity and market corrections took effect.
What Was TON Token’s All-Time Low?
The lowest recorded price for TON was $0.0015, achieved on March 29, 2025, about three months and four days ago. This bottom likely occurred during a broader crypto market downturn or liquidity squeeze affecting smaller-cap tokens.
What Is the 24-Hour Trading Volume for TON?
The past 24 hours saw $3,533 worth of TON traded across various exchanges. While this volume is relatively low compared to top-tier cryptocurrencies, it indicates ongoing interest and trading activity among niche investors.
Where Can You Buy or Sell TON Safely?
The most active and trusted exchanges for trading TON include major platforms that support Ethereum-based tokens. These exchanges offer robust security, deep liquidity pools, and user-friendly interfaces.
Commonly used exchanges include:
- Binance
- KuCoin
- Kraken
For enhanced security when storing TON or any ERC-20 compatible token, consider using hardware wallets such as Ledger or Trezor — though specific recommendations have been removed per content guidelines.
Frequently Asked Questions (FAQ)
Is TON Token the same as Toncoin?
No. While both originated from the same initial concept — Telegram’s Open Network — TON Token (Free TON) and Toncoin (TON) are separate projects. Toncoin is now officially associated with The Open Network backed by Pavel Durov, whereas TON Token stems from TON Labs and operates independently.
Why did Telegram stop developing TON?
Telegram discontinued its direct involvement due to a lawsuit with the U.S. SEC, which classified its planned token sale as an unregistered securities offering. After losing the case, Telegram withdrew official support but open-sourced the technology for community continuation.
Can I still invest in a project related to Telegram’s blockchain?
Yes. Although Telegram no longer runs the network, The Open Network (with Toncoin) continues active development with growing adoption in decentralized apps (dApps), gaming, and micropayments — especially within Telegram-integrated services.
Is TON Token on Ethereum?
Yes. TON Token is an ERC-20 token built on the Ethereum blockchain. This allows compatibility with existing wallets and decentralized finance (DeFi) protocols but also subjects it to Ethereum’s gas fees and network congestion.
What factors influence TON Token’s price?
Key drivers include market sentiment around Web3 integration in messaging apps, developments in The Open Network ecosystem, overall crypto market trends, exchange listings, and community governance activities.
How can I track live TON prices?
You can monitor real-time price movements through cryptocurrency tracking platforms that provide live charts, volume data, market cap updates, and historical performance metrics — all essential tools for informed investing.
Final Thoughts
TON Token represents a unique chapter in the evolution of blockchain-based messaging ecosystems. Though overshadowed by regulatory hurdles and branding disputes, its legacy lives on through parallel developments in The Open Network.
For investors and tech enthusiasts alike, understanding the distinction between TON Token and Toncoin is crucial. While speculative interest may drive short-term price swings, long-term value hinges on actual adoption, utility in dApps, and integration within decentralized communication platforms.
As Web3 continues to expand, projects rooted in privacy, speed, and mass accessibility — like those inspired by TON — could play pivotal roles in mainstream blockchain adoption.
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