has witnessed a significant price surge in the last 24 hours. The coin’s price has surged by 10% from a key support of $6.02. This follows a short-term 9% price pullback on 11th August, an indication of the coin’s long-term bullish rally.
This indicates that many investors have taken positions around this price point, setting it up as a critical zone for potential market moves. If TON’s price hits this level, a wave of liquidations could cascade through the market, amplifying volatility.In the same period, the number of large transactions has surged by 1.98%. This uptick signals growing interest and activity among whales and large holders.
Both of these metrics point towards growing interest and adoption of TON as more users engage with the network.