Price history
Market cap
3,56 Mrd €
Volume traded (24h)
0,011 Mrd €
Circulating supply
2.470.167.337 TON
All-time high (ATH)
7,98 €
Distance from ATH
-81,9%
Market cap rank
#26
What is Toncoin
Toncoin is the native cryptocurrency of The Open Network (TON), a Layer 1 blockchain originally developed by the Telegram team and later handed over to the open-source community after 2020, when the project was suspended for regulatory reasons in the United States.
TON is now deeply integrated into the Telegram app, which has hundreds of millions of users, enabling payments, mini-apps and wallets directly within the messaging platform — a distribution factor that sets it apart from most other Layer 1 blockchains.
Frequently asked questions
Is Toncoin regulated in the UK?
As with most cryptocurrencies, Toncoin is not covered by FCA regulation in the same way as regulated investments; the FCA has warned that crypto assets carry a high risk of losing all invested capital.
What's the relationship between Toncoin and Telegram?
TON is integrated into the Telegram app for payments and wallets, but the blockchain is run by an independent foundation (TON Foundation), not by Telegram itself, after Telegram abandoned the original project in 2020.
How is Toncoin taxed in the UK?
Cryptoasset gains are generally subject to Capital Gains Tax in the UK, with an annual tax-free allowance. Always check current HMRC guidance or consult a tax adviser.