Toncoin, the flagship digital asset of The Open Network, has reasserted its prominence within the cryptocurrency sector by ascending into the echelon of the top ten cryptocurrencies by market capitalization. Recent figures from CoinMarketCap highlight that Toncoin (TON) has eclipsed Avalanche (AVAX) in terms of market capitalization, registering a formidable $19 billion valuation at the latest count.
This notable leap in market capitalization is paralleled by a substantial uptick in trading activity. Over the preceding 24-hour period, Toncoin's trading volume witnessed a meteoric rise of 91%, culminating in a staggering $223 million in trades.
Concurrently, TON's valuation has experienced a commendable increase of 6.3% over the same 24-hour timeframe, reaching a price point of $5.45. This marks a significant milestone, with the
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First found on: Crypto news from Coinatory
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