The Open Network (TON) is a public blockchain originally initiated by the Telegram team, with the goal of deeply integrating blockchain technology into social platforms. With high throughput, low latency, and native on-chain storage, TON is building a decentralized ecosystem designed to support mass adoption and provide a robust foundation for cross-chain assets and smart contract applications.
Chart: https://www.gate.com/trade/TON_USDT
At the time of writing, the spot price for TON/USDT on Gate is 3.42 USDT, reflecting a 24-hour gain of +1.06%, with a high of 3.493 USDT and a low of 3.263 USDT. Trading volume stands at approximately 5.41 million TON, with a total turnover close to 18.35 million USDT. TON recently showed a volatile upward trend; short-term investors should pay special attention to the resistance near the 3.5 USDT mark.
On July 22, 2025, Telegram officially rolled out its embedded TON wallet to 9 million users in the U.S. market, enabling in-app self-custodial crypto trades and DeFi access. This move provides a seamless entry point for TON token usage and enhances Telegram’s digital asset ecosystem, preparing for future expansion of wallet capabilities.
With the TON wallet’s official launch in the U.S. market, the TON ecosystem enters a new phase of expansion. New investors should stay alert to market milestones and feature rollouts. Participate at strategic moments and prioritize robust risk management to ensure a stable investment approach.