The Open Network (TON) is a public blockchain originally developed by the Telegram team, aimed at deeply integrating blockchain technology with social platforms. By leveraging high throughput, low latency, and on-chain storage, TON is building a decentralized ecosystem for large-scale users. It provides a platform for cross-chain assets and smart contract applications.
Chart: https://www.gate.com/trade/TON_USDT
At the time of writing, TON’s spot price on Gate for the TON/USDT pair stands at 3.42 USDT, showing a 24-hour increase of +1.06%. The highest price reached 3.493 USDT, while the lowest was 3.263 USDT, with approximately 5.41 million TON were traded and a transaction volume of about 18.35 million USDT. TON’s price has recently exhibited a volatile upward trend. Short-term investors should monitor resistance at the 3.5 USDT psychological level.
On July 22, 2025, Telegram officially rolled out its built-in TON wallet to 9 million users in the U.S., enabling self-custodial crypto transactions and DeFi access directly within the app. This development lowers the barrier to entry for using TON tokens and strengthens Telegram’s digital currency ecosystem. It lays the groundwork for future wallet feature expansion.
Following the official launch of the TON wallet in the U.S., the TON ecosystem is experiencing a new wave of growth. New investors should keep an eye on important market events and feature launches. Participate at the right time, and prioritize risk management to ensure a sound investment strategy.