Toncoin Price Struggles While Long-Term Investors Enjoy 69% Profit

Toncoin (TON) is currently trading below $4, struggling to reverse its downward trend. Recent performance has been largely negative.

  • Long-term holders (over a year) are seeing 69% profits, while short-term investors are incurring losses.
  • TOTAL VALUE LOCKED (TVL) on the network remains stable at $300 million since early 2024.
  • Market resilience indicates sustained confidence in the platform's fundamentals despite overall market downturns.

Market Activity and Ecosystem Growth

Blockchain activity is crucial for assessing TON's long-term potential. The workchain has shown consistent usage, particularly through events like "Hamster Kombat" in early 2024.

  • The masterchain underpins the ecosystem, storing vital configuration data and ensuring operational stability.
  • Growth in the masterchain suggests increasing adoption and structural integrity within the TON ecosystem.

Overall, TON has maintained robust activity and a solid TVL amid broader market challenges, indicating its potential for long-term establishment in the crypto landscape.