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- Robinhood now allows U.S. customers to trade Toncoin.
- TON price rose 5% following the listing, signaling bullish sentiment.
- Institutional staking and treasury adoption strengthen Toncoin fundamentals.
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Robinhood has officially listed Toncoin (TON), the native token of The Open Network (TON), for U.S. customers. The crypto platform confirmed the listing via an X post, allowing millions of Americans to trade the altcoin directly. This move follows Robinhood’s recent additions of SUI, ONDO, FLOKI, and Hedera, as the exchange continues to broaden its cryptocurrency offerings.
The TON price responded positively to the news, climbing 5% from an intraday low of $3.11 to reach around $3.24, according to TradingView data. Although the price has slightly retreated to $3.21 at the time of writing, the listing signals growing institutional and retail interest in Toncoin.
Strategic Market Implications
Robinhood’s U.S. customer base of approximately 26.7 million, alongside a total platform asset value of $298 billion, underscores the significance of the listing. Robinhood also reported a 32% year-over-year increase in trading volume to $28 billion in Q2 2025, highlighting the platform’s expanding influence in crypto markets. Experts suggest that Toncoin’s addition could further boost trading volume, attract new investors, and potentially enhance Robinhood’s revenues.
Bullish Fundamentals of the TON Ecosystem
Toncoin’s ecosystem has experienced robust growth over the past year, fueled by Telegram’s 1 billion users and clearer regulatory frameworks across key markets. Telegram has fully integrated TON as the exclusive blockchain for its Mini Apps ecosystem, enhancing the token’s utility.
Institutional interest in Toncoin is also rising. Chorus One’s TON Pool, an institutional-grade staking program, now manages over 10.4 million TON (roughly $33 million). Nasdaq-listed Verb Technology has further fueled demand by acquiring $713 million in TON for its treasury, representing over 5% of the altcoin’s total supply. Such moves could create a supply shock, driving prices higher if additional treasury strategies follow.
Also Read: Verb Technology to Rebrand as TON Strategy Co. After $558M Toncoin Treasury Pivot
The TON blockchain also benefits from a growing stablecoin market cap, which has reached $708 million since its strategic partnership with Tether, despite a decline in total value locked (TVL) from $751 million in July 2024 to $145 million today.
Robinhood’s listing of Toncoin marks a pivotal moment for the altcoin, offering greater accessibility to U.S. investors while reinforcing bullish fundamentals within the TON ecosystem. With strong institutional support, a growing user base, and strategic market integrations, Toncoin appears poised for further growth in 2025.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
