TON Gains 3.7% as STON.fi DAO Launch and Telegram AI Boost Demand
TON’s price rose 3.7% to $1.605 over the past 24 hours, supported by elevated trading volume and key developments in decentralized governance and AI infrastructure.
According to CoinDesk Research, trading activity climbed 16% above the seven-day average, with large-market flows helping drive the rally.
The surge coincided with STON.fi’s launch of TON’s first fully on-chain DAO. Users staking STON tokens can vote on protocol upgrades, funding allocations, and parameters, earning ARKENSTON tokens that reward long-term engagement. STON.fi has processed over 29 million swaps across 5.6 million wallets.
Separately, TON’s AI platform Cocoon allows users to rent unused GPU power in exchange for TON. Telegram is the first major client, using the system for confidential message translation and integrating AI compute into TON’s ecosystem.
Technically, TON broke $1.6040 resistance, with the next target near $1.6150, as breakout volume surged 67% above the 24-hour average.
