The supply of the TON blockchain's native stablecoin has surged by 22.6% over the past 90 days, reaching $648.6 million. This increase coincides with the launch of the TON Wallet in the United States, which facilitates instant and borderless cryptocurrency transactions.
Toncoin, the blockchain's native token, saw a 1.7% price increase in the last 24 hours, trading at $1.55. However, its daily trading volume fell by over 36% to $106 million. Analysts are monitoring the market closely for a potential price reversal if Toncoin can surpass the resistance level at $1.80.
TON Stablecoin Supply Jumps 22% Following U.S. Wallet Launch
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