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Toncoin price

TON · Smart-contract network

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TON/USD referenceDirect U.S.-dollar market data from Kraken.Methodology →
Current reference$1.33
Live market data
24h change-0.45%
24h high1.344
24h low1.315
24h quote volume311,745 USD
Historical closeCurrent reference
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24-hour TON/USD history

About Toncoin

The native asset of The Open Network, used for fees, staking, and applications.

Toncoin is tracked here because it has an established public market and recurring reader interest. Inclusion is not an endorsement. Bitcoin.now compares other networks on their own terms while keeping Bitcoin's monetary design, custody model, and proof-of-work security as the site's main subject.

How to read the TON price

There is no single official Toncoin price. The number above is the latest public observation from Kraken. Another exchange can show a different last trade because its buyers, sellers, liquidity, and order book are different.

A displayed price is not the amount guaranteed for an order. Spread, fees, depth, slippage, payment method, and location can change the final value.

How Toncoin works

Five facts to check before treating a price as an understanding of the asset.

Reviewed 2026-08-04

Network

Toncoin uses a programmable base-layer network where validators order transactions and applications execute shared state.

Issuance and supply

For TON, units enter circulation under the network's protocol schedule, while fees, staking, and possible burns affect the liquid supply.

Who can influence it

Rule changes depend on the client teams, validators, token holders, foundations, and application ecosystem involved in that network.

Main use

The intended role includes paying network fees, staking where supported, and interacting with applications.

Main risks

Material risks include validator concentration, client bugs, smart-contract failures, bridge risk, governance changes, and volatile demand for block space.

Questions to verify for yourself

Who can change the software or token contract? Where can supply data be reproduced? Which keys, validators, administrators, bridges, or issuers must keep working? How much real liquidity exists near the displayed price? A useful asset review answers those questions with current primary documentation instead of relying on market capitalization or social attention.

Toncoin network history

The Open Network grew from technology first developed for Telegram and continued as a community-led proof-of-stake network.

How transactions are validated

Validators stake TON to produce and confirm blocks across a design intended to use multiple workchains and shardchains.

What makes TON different

Integration with messaging applications can support distribution while also creating ecosystem and interface dependencies.

Toncoin price questions

Short answers to the things readers usually need before using a market number.

What is the current Toncoin price?

The current Bitcoin.now reference is based on TON/USD from Kraken. It updates from public market data and is informational only.

How does Toncoin validate transactions?

Validators stake TON to produce and confirm blocks across a design intended to use multiple workchains and shardchains.

What are the main TON risks?

Validator concentration, client bugs, smart-contract failures, bridge risk, governance changes, and volatile demand for block space.

Is TON/USDT the same as TON/USD?

No. USD is fiat money. USDT is a privately issued stablecoin that targets the U.S. dollar. Bitcoin.now keeps those quote assets visibly separate.

Can I buy Toncoin here?

No. Bitcoin.now has no accounts, custody, wallet connections, or order execution. It provides prices and education only.