$TON Toncoin increased by 1.65% over the last 24 hours, reaching $1.63, which is below the overall growth of the crypto market at 2.21%. Key factors include the launch of the Telegram wallet in Uzbekistan and technical consolidation around a critical support level.
1. Expansion of the Telegram wallet – Launch of a custodial wallet in Uzbekistan after receiving approval from regulators.
2. Maintaining technical support – The price held the support level at $1.59 despite weak market participation.
3. Mixed sentiments – Low trading volume (-18% compared to the 7-day average) indicates cautious optimism.

TON

1.604

-1.71%