TON Edges Higher to $1.64 as Consolidation Phase Continues

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email TON Edges Higher to $1.64 as Consolidation Phase Continues Technical indicators suggest a slow base-building phase, but TON's price movement is likely to be influenced by today's Fed announcement. By CD Analytics , Francisco Rodrigues | Edited by Oliver Knight Updated Dec 10, 2025, 11:50 a.m. Published Dec 10, 2025, 11:50 a.m. "TON rises 0.7% to $1.64 amid consolidation, trading weakly on low volume." What to know : Toncoin (TON) rose 1.6% in the past 24 hours, underperforming the wider cryptocurrency market which gained nearly 3% ahead of the US Federal Reserve interest rate decision. Trading volume was weak, falling 6.91% below seven-day averages, and buyers failed to sustain momentum above key levels, keeping TON rangebound between $1.61 and $1.69. Technical indicators suggest a slow base-building phase, but TON's price movement is likely to be influenced by today's Fed announcement, with a hawkish tone potentially capping gains. TON $ 1.6401 posted a modest 1.6% gain over the last 24-hour period, moving to $1.64, but underperforming the wider cryptocurrency market which, measured via the CoinDesk 20 ( CD20 ) index, rose nearly 3%. The market edged higher ahead of today’s U.S. Federal Reserve interest rate decision. Trading volume fell 6.91% below seven-day averages, according to CoinDesk Research's technical analysis data model, signaling weak participation from both institutional and retail traders. Despite the quiet session, TON maintained its support above $1.60, a level it has held for several days. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . Intraday, TON climbed from $1.6175 to $1.6437 and briefly pushed above the $1.6660 resistance before retreating. The token’s range totaled 4.9% on the day, with notable volume spikes making themselves seen. But buyers failed to sustain momentum above key levels, pointing to a lack of conviction. Technical indicators show higher lows forming around $1.61 and $1.63, suggesting a slow base-building phase. However, without a significant rise in volume or stronger market-wide sentiment, TON remains rangebound between support at $1.6099 and resistance near $1.69. The token’s price went up earlier in the month after the rollout of Cocoon, a decentralized AI computer network integrated with Telegram, and the launch of the ston.fi DAO, a governance platform for TON DeFi users. Traders are watching the Fed’s announcement closely. A surprise hawkish tone could cap gains across risk assets, including TON. Disclaimer : Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. AI Market Insights More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You Metaplanet Stock Jumps 12% as mNAV Climbs to 1.17, Highest Level Since Crypto Crisis By James Van Straten | Edited by Oliver Knight 10 minutes ago Bitcoin rebound and equity momentum push Metaplanet valuation multiple to 1.17 to highest level since October. What to know : Metaplanet’s enterprise value stands near $3.33 billion against $2.86 billion in bitcoin holdings, lifting mNAV to 1.17 Since bitcoin rose about 15% from its Nov. 21 low, Metaplanet shares have climbed nearly double that with a gain of roughly 30%. 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