TON's price rose by 3.7% to $1.605, accompanied by a 16% increase in trading volume over the seven-day average. This uptick aligns with the launch of STON.fi DAO, the first fully on-chain DAO on the TON network, enhancing user governance. Additionally, the decentralized AI platform Cocoon, which supplies GPU computing power and is utilized by Telegram for translation services, may have contributed to the heightened demand for TON tokens.