Toncoin jumps near $1.30 as whale buying sparks hopes of breakout

Tonkoin whales stocked more than 189,700 tons in three months. Heavy stock comes when Ton activates the Catchain 2.0 update. The price of a ton rose to $1.32 a day, it could see $1.89-$2.40 next.

Toncoin (TON), the Telegram-backed blockchain cryptocurrency exchange, saw heavy trading on the day amid signs of renewed investor interest.

On Friday, Toncoin's price gathered more signals as large caps or “whales” hovered around $1.30. The stock comes amid a temporary broad market recovery.

The price of Toncoin is testing the $1.30 zone among whale stocks

Toncoin's price has increased by 4% in the last 24 hours, hovering near the critical $1.30 protection zone.

The token reached a high of $1.32 in the Asian trading session.

Buyers helped boost transaction volume, which jumped 104% to $160 million at the time of writing, a 45% increase from the previous day's average.

A new leg up to $80,000 comes as Bitcoin holds above $71,000.

Notably, the tonnage rate is consistent with this background, especially as the network's 100 largest whaling addresses have collectively taken in an additional 189,730 $TON over the past three months.

This accumulation has persisted despite broad market headwinds.

Analysts at Sentiment highlighted the potential in a post:

As the #29-ranked coin in crypto has lost two-thirds of its market cap since its local high in early August 2025, this heavy stock is a hopeful sign that a relief rally could come quickly if crypto markets finally turn the page from this bear cycle.

Whale activity often signals renewed confidence in a project, and the aggressive acquisition shows interest in Tonkoin's underlying ecosystem.

The token is tied to the Telegram-integrated Ton blockchain, which continues to expand with the use of decentralized applications and mini-applications.

Ton prices are looking to rise as the community promotes blockchain, an innovation designed to increase network utilization and block processing capacity.

In a post on X, Telegram CEO Pavel Durov commented on how bullish this update is for Toncoin, stating that it marks the first step in the vision of the 7-step Ton Great Regeneration (MTONGA).

The TON blockchain has just been upgraded and is now 10× faster.

Block size increased 6×.

Transactions are now instantaneous, split second.

This was level 1 of 7 to make a ton great again (MTONGA).

Next step: Reduce already low transaction fees by 6×.

— Pavel Durov (@durov) April 9, 2026

What's next for the price of Toncoin?

Such large-scale buying often precedes a price reversal, as these investors position themselves for potential returns.

Toncoin technical picture In the downtrend that started in June 2025, the price is above $8.20, indicating that it will remain entrenched.

Continued sales resulted in an 84% reduction in prices.

Bulls are not out of the woods yet, but a critical break above $1.35 could trigger a new upside momentum.

In this case, a possible target on a new rally would be the next set of resistance around $1.89-$2.00. Significant supply pressure may follow at $2.40, the area of ​​early profit-taking deals.

Conversely, if sellers regain control, primary support levels will start at $1.15.

A drop below $1.00 could accelerate the selloff to $0.85, a multi-month low.