Last Week’s TON Coin Overview (September 8-14, 2025)

Last Week’s TON Coin Overview (September 8-14, 2025) Last week, TON coin (The Open Network’s native token) experienced a moderate upward trend amid a mix of positive ecosystem developments and broader market volatility. Starting from a low around $3.02 early in the week, the price rebounded to approximately $3.25 by September 14, reflecting a 7-day gain of about 3.3%. 29 This recovery came after testing key support levels near $3.00-$3.10, with technical indicators showing mixed signals: the RSI hovered around 45-47 (neutral territory with room for upside), and the coin broke out of a falling wedge pattern, reclaiming resistances like $3.12. 0 7 11 Trading volume remained steady at around $128 million daily by week’s end, with market cap stabilizing near $8.2 billion. 29 Key global hotspots driving this momentum included: • TONX Treasury Moves: TON Strategy Company (TONX) initiated staking of its toncoin holdings to generate on-chain revenue, following a $250 million share buyback program where over 250,000 shares were repurchased. This emphasized transparent governance and long-term sustainability, boosting investor confidence. 0 9 29 • Private Placement and Partnerships: A significant $558 million private placement for the Toncoin treasury was announced on September 13, alongside a partnership between Verb Technology and the TON Foundation. These developments highlighted growing institutional interest and ecosystem expansion, including integrations with Telegram’s 900+ million users. 23 25 3 • Broader Ecosystem Activity: Inflows to centralized exchanges reached 5.7 million TON, with TON/USDT liquidity pools on DEXs growing by 7.2% (adding 0.71 million USDT). On-chain user activity increased for the fifth straight week, signaling rising adoption. Additionally, events like the USYK NFT collection drop on Fuse and discussions around Coinbase Ventures’ TON holdings added hype. 17 4 8 Social sentiment on X (formerly Twitter) was predominantly bullish, with analysts noting symmetrical triangle formations on weekly charts and Elliott Wave patterns projecting potential targets up to $15-$23 long-term, though short-term consolidation between $2-$4 was acknowledged. 6 10 However, some posts highlighted risks, like invalidation below $2.60. 10 This Week’s Projected Trends (September 15-21, 2025) As of September 15, TON is trading at $3.20, down 0.8% in the last 24 hours but still holding above the critical $3.10 support established last week. 29 24 Building on last week’s momentum, this week could see continued upside if bullish catalysts persist. The breakout from the falling wedge and retest of fair value gaps (FVGs) suggest a potential push toward $3.56-$3.63 initially, with stronger resistance at $3.75-$3.80. A clean flip of these levels could target $4.20, especially if staking rewards and treasury inflows drive demand. 7 9 11 Positive factors from last week—such as the TONX staking initiative and partnerships—may spill over, potentially amplified by ongoing blockchain events (e.g., Vienna Blockchain Week or Solana-related crossovers, though not TON-specific). 19 28 Increased on-chain activity and new dApp deployments via Telegram could further boost volume and price. Market-wide sentiment, including Bitcoin’s stability, will play a role; if altcoins rally, TON’s 30-day +7.7% trend could accelerate. 29 27 On the downside, a failure to hold $3.10 might lead to a retest of $2.90 or even $2.65, invalidating the bullish setup amid broader crypto pullbacks. 6 11 Early-week volatility from mixed technicals (e.g., neutral RSI) could cap gains unless fresh news emerges. Summary Last week positioned TON for potential growth, with a 3.3% price rise driven by treasury staking, a $558 million private placement, and partnerships that underscored ecosystem maturity and adoption. 23 29 This sets a bullish tone for the current week, where maintaining support above $3.10 could lead to targets around $3.56-$4.20, fueled by ongoing inflows and Telegram integrations. However, watch for market risks; longer-term predictions remain optimistic, with 2025 forecasts ranging from $5.7-$6.8. 20 22 Overall, TON’s fundamentals appear strong, making it a resilient altcoin in a consolidating market.