TON Slips 3.3% to $1.59 as Broader Crypto Market Weakens

Toncoin (TON) dropped 3.3% over the past 24 hours to $1.596, retreating alongside the broader crypto market even as trading volume and ecosystem expansion suggest growing institutional interest. The token climbed to $1.6929, then lost steam through the day before finding support near $1.5930, according to CoinDesk Research's technical analysis data model. The decline came despite a 20% surge in trading volume over the seven-day average, often a sign of accumulation behind the scenes. However, price acti ...