
TON May Reach $3.50 Following TAC Mainnet Launch
Toncoin has recently gained new momentum, fueled by a major development that may shape its trajectory in the coming weeks. With Telegram’s integration of Ethereum-based decentralized apps (DApps) via the TAC mainnet, over one billion users can now interact with DApps directly inside the messaging platform.
TON’s price now stands at $3.23, up 3.6% since yesterday and 11% over the past week. The figures might seem small at first glance, but both the technical setup and development activity point to further upside potential.
TAC Mainnet Brings EVM Apps to Telegram
Telegram launched the TAC mainnet on July 15, adding Ethereum Virtual Machine (EVM) compatibility directly into the messaging platform. This development narrows the gap between communication tools and blockchain ecosystems. By allowing users to access Ethereum-based decentralized applications within the Telegram app, it removes the need for separate wallets, browser plugins, or lengthy setup processes. The result is a smoother user experience that could shift how decentralized apps are adopted.
Ease of use has long been a hurdle for broader DApp adoption. While Web3 platforms have grown in capability, the complexity has kept many users away. Telegram’s integration could change that. With TON powering this new layer of functionality, the token may see rising demand as users explore staking, trading, and gaming—all without leaving the app.
This isn’t without precedent. Apple’s App Store once drove iPhone adoption by turning software into a selling point. Similarly, TAC could become a turning point for TON. Even a modest share of Telegram’s vast user base interacting with on-chain applications could lead to a noticeable spike in activity and token usage.
TON Approaches Key Resistance
TON’s recent price movement has the potential for a bullish trend. It has climbed above the 20-day EMA at $2.94 and the 7-day SMA at $3.02, two indicators often associated with changes in market direction. Supporting this move, the Relative Strength Index (RSI) now sits at 64.23, signaling a shift toward bullish territory, while the MACD histogram is also positive, indicating upward momentum.
TON is currently close to the upper limit of a descending triangle formation. While such patterns often indicate a continuation of the downtrend, a move above the trendline would challenge this bearish view. Continued momentum might then push the price to $3.40 and potentially $3.50.
The trendline is expected to act as resistance. If TON fails to clear this level, it may experience a short-term drop toward the $2.90 to $2.94 range. Still, the recent price action suggests buyers remain engaged and are treating declines as buying opportunities.
Could TON Reach $3.50?
The current positive outlook for TON depends on several key factors: ongoing user engagement after the TAC launch, a supportive broader market environment, and buyers’ ability to overcome resistance levels.
Should the price dip from the downtrend line but find support at the 20-day EMA, this would suggest a healthy pullback rather than a trend reversal. However, if it falls below the moving averages, it could reflect waning buyer momentum and potentially lead to a decline toward $2.75 or lower.
TON’s performance is also influenced by the larger crypto landscape. Bitcoin and Ethereum have remained relatively stable, which reduces market-wide pressure on altcoins. In addition, Telegram's ongoing integration of TON features adds credibility to its longer-term potential. As user behavior evolves and on-chain activity increases, the price may eventually respond.
Traders should keep a close eye on volume and RSI trends. A price breakout without accompanying volume would be a cautionary sign, whereas strong volume alongside upward movement could signal the beginning of a new range closer to $3.50.
What It Means for TON?
The latest rise in TON’s price appears to be backed by more than just market sentiment. With the TAC mainnet going live, the network is showing signs that its underlying value is starting to catch up with its potential. Price goals such as $3.50 aren’t guaranteed, but they now seem more plausible.
Since the crypto market is still unpredictable, traders need to keep an eye on support and resistance levels. However, with upgrades and more users, TON might be getting close to a time when its real-world use drives steady progress.
Rate the article








comments
0
You must be logged in to post a comment