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- AlphaTON Capital buys $30M in Toncoin, planning $100M by Q4 2025.
- Toncoin trading volume surges; futures see 48% rise despite losses.
- Technicals show oversold conditions, supporting a potential rebound to $3.00.
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Toncoin (TON) may be on the verge of a rebound after AlphaTON Capital acquired $30 million worth of the token. This move reflects strong institutional confidence despite recent price declines. Currently trading at $2.66, Toncoin has dropped 4.5% in the past 24 hours and 16% over the last week, yet the significant investment signals that major players see potential in the cryptocurrency.
AlphaTON Capital plans to expand its holdings to $100 million by the end of Q4 2025 and is forming strategic partnerships with Kraken, Animoca Brands, and SkyBridge Capital. The firm also intends to participate in staking and validation to support Toncoin and Ton-based apps within Telegram’s mini-app ecosystem.
Trading Activity Shows Growing Market Interest
Toncoin’s market activity indicates increased engagement despite price pressures. Spot trading volume surged 56% to $170.5 million, while futures volume rose 48% to $142 million. However, open interest fell 16%, suggesting traders are closing positions after recent losses. The uptick in volume demonstrates renewed attention in the market, which could lay the groundwork for a potential price recovery.
Also Read: 713M Toncoin Treasury Fails to Lift TON Strategy Shares — Why It Matters
Technical Indicators Point to a Possible Rebound
Technical analysis of Toncoin shows a mixed but cautiously optimistic outlook. The token is trading near the lower Bollinger Band, with tightening bands suggesting a potential breakout. Key support sits at $2.60; holding this level could pave the way for a rebound toward $3.00–$3.20. The Relative Strength Index (RSI) of 22 indicates that Toncoin is oversold, hinting at a short-term recovery. Although the MACD remains negative, bearish momentum may be waning.
A Watchful Eye on Toncoin
With AlphaTON Capital’s significant investment and technical indicators pointing to potential recovery, Toncoin could stabilize and move higher in the near term. Investors should watch the $2.60 support level closely, as a bounce from here could reignite market confidence and attract further buying.
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 your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
