Toncoin traders target $10B valuation as Elon Musk integrates Grok AI into Telegram

Source Fxstreet
  • Toncoin price rose 3% on Wednesday, nearing the $3.7 level with a market capitalization of $9.2 billion.
  • On Wednesday, Elon Musk confirmed the integration of AI chatbot Grok into  social media giant Telegram.
  • The TON ecosystem currently holds $163 million in Total Value Locked (TVL), according to data from Defilama. 

Toncoin price rose 3% on Wednesday despite crypto market inflows subsiding after a two-day rally. Market reports suggest Elon Musk’s Grok’s integration into the Telegram social network could trigger breakout gains in the weeks ahead. 

Toncoin price consolidates as Elon Musk confirms Grok integration with Telegram

Toncoin’s price action has remained subdued this week, despite a favorable macro environment for privacy-focused projects.

The recent decision by the U.S. Securities and Exchange Commission (SEC) to lift sanctions on Tornado Cash has fueled gains for assets such as TORN, Monero (XMR), and ZCash (ZEC). However, TON has yet to capitalize on this positive momentum, trading within a narrow range.

Toncoin price action | Source: CoinmarketcapToncoin price action | Source: Coinmarketcap

Toncoin price rose 2.6% on Wednesday to hit $3.68 at press time, with its market capitalization hovering around $8.9 billion. 

Recent market reports suggest more gains ahead as a potential bullish catalyst may soon emerge as a result of Telegram’s latest partnership with Grok AI, an artificial intelligence tool developed by Elon Musk.

How could Grok integration impact the TON ecosystem?

On Wednesday, Elon Musk shared a post from Grok’s official account, confirming the AI’s integration with Telegram. 

Elon Musk Confirms Grok integration with Telegram | Source: X.comElon Musk Confirms Grok integration with Telegram | Source: X.com

This collaboration could significantly enhance the TON ecosystem, as projects built on the TON blockchain—already deeply embedded within Telegram’s social network—can now leverage Grok AI to improve functionality and user engagement.

TON Ecosystem Total Value Locked as of March 25, 2025 | Source: DeFiLlama 

TON Ecosystem Total Value Locked as of March 25, 2025 | Source: DeFiLlama 

According to data from DeFiLlama, the total value locked (TVL) in the TON ecosystem currently stands at approximately $163 million.

If the integration of Grok AI is well-received by users and developers, this figure could see a notable increase in the coming weeks, strengthening the ecosystem’s fundamentals and driving higher demand for TON.

At present, Toncoin remains in consolidation above the $3.50 mark.

However, a breakout above the psychological $4 resistance level could trigger renewed investor interest and push TON’s market valuation past the $10 billion milestone.

As Telegram’s user base continues to expand and Grok AI adoption grows, the Toncoin ecosystem may find itself at the center of a new wave of blockchain-AI convergence.

Toncoin price forecast: TON eyes $4 breakout as bullish momentum builds

Toncoin’s price remains in a consolidation phase above $3.50, with indicators suggesting growing bullish momentum.

The Keltner Channel (KC) highlights a squeeze, with TON currently testing the midline at $3.46 while approaching the upper boundary at $3.91.

A decisive breakout above this resistance could signal a continuation toward the psychological $4 level.

Toncoin price forecast | TONUSD

Toncoin price forecast | TONUSD

The MACD histogram shows sustained bullish momentum, with the MACD line (0.071) trending above the signal line (0.010).

This suggests buyers are gaining strength, though the slight decrease in histogram bars signals a potential slowdown in upward momentum.

Volume remains moderate at 3.93M, indicating steady participation but lacking the explosive surge required for a breakout.

If TON fails to break above $3.91, a rejection could trigger a retest of $3.37, marked by the Parabolic SAR support.

A breakdown below $3.37 may push TON toward $3.00, invalidating the bullish scenario.

However, if buyers sustain pressure, a move toward $4 remains likely. A decisive close above $4 could propel TON toward $4.20, reaffirming the bullish case.


 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Financial Markets 2026: Volatility Catalysts in Gold, Silver, Oil, and Blue-Chip Stocks—A CFD Trader's OutlookGet a comprehensive financial market 2026 outlook exploring key economic drivers, volatility catalysts in gold, oil and stocks, and what the evolving economic outlook means for cfd trading strategies and risk management on global markets.
Author  Rachel Weiss
May 15, Fri
Get a comprehensive financial market 2026 outlook exploring key economic drivers, volatility catalysts in gold, oil and stocks, and what the evolving economic outlook means for cfd trading strategies and risk management on global markets.
placeholder
Bitcoin Rallies 4% to Near $70,000 as Market Optimism ReturnsBitcoin price nears $70,000 as market bullish sentiment rebounds.On Thursday (February 26), Bitcoin (BTC) saw a rare strong rally recently, jumping nearly 4% on the day to a high above $6
Author  TradingKey
Feb 26, Thu
Bitcoin price nears $70,000 as market bullish sentiment rebounds.On Thursday (February 26), Bitcoin (BTC) saw a rare strong rally recently, jumping nearly 4% on the day to a high above $6
placeholder
Crypto Overview: Toncoin, Terra Classic rise by double digits as Bitcoin grips $80,000Bitcoin (BTC) rises above $80,000 at press time on Tuesday, triggering a broader market recovery despite the US-Iran ceasefire at risk as tensions resurface. Toncoin (TON) and Terra Classic (LUNC) are leading the market recovery with double-digit gains over the last 24 hours.
Author  FXStreet
May 05, Tue
Bitcoin (BTC) rises above $80,000 at press time on Tuesday, triggering a broader market recovery despite the US-Iran ceasefire at risk as tensions resurface. Toncoin (TON) and Terra Classic (LUNC) are leading the market recovery with double-digit gains over the last 24 hours.
placeholder
Australian Dollar softens to near 0.7200 as Trump and Xi set for second day of talks The AUD/USD pair attracts some sellers to near 0.7205 during the early Asian trading hours on Friday. Markets remain cautious ahead of the second day meeting between US President Donald Trump and Chinese President Xi Jinping in Beijing on Friday.
Author  FXStreet
May 15, Fri
The AUD/USD pair attracts some sellers to near 0.7205 during the early Asian trading hours on Friday. Markets remain cautious ahead of the second day meeting between US President Donald Trump and Chinese President Xi Jinping in Beijing on Friday.
placeholder
Euro softens to near 1.1600 on US–Iran tensions The EUR/USD pair trades in negative territory around 1.1615 during the early Asian session on Monday. The Euro (EUR) extends the decline as the prolonged US-Iran conflict weighs on the riskier assets.
Author  FXStreet
May 18, Mon
The EUR/USD pair trades in negative territory around 1.1615 during the early Asian session on Monday. The Euro (EUR) extends the decline as the prolonged US-Iran conflict weighs on the riskier assets.
goTop
quote