TON Rises 3.7% on STON.fi DAO Launch and Surge in Telegram-Backed AI Activity

TON Surges 3.7% on STON.fi DAO Launch and Telegram-Backed AI Platform

TON’s price rose 3.7% to $1.605 over the past 24 hours, supported by a spike in trading volume and a series of developments in decentralized governance and AI infrastructure.

According to CoinDesk Research’s technical analysis model, trading activity jumped 16% above its seven-day moving average, with significant flows from large market participants driving the move.

The boost coincided with the launch of STON.fi’s fully on-chain decentralized autonomous organization (DAO), the first of its kind on the TON network. Users staking STON tokens can now vote on governance decisions, including protocol upgrades, funding allocations, and parameter changes. Participants receive ARKENSTON tokens representing voting power, incentivizing long-term engagement. STON.fi has processed over 29 million swaps across 5.6 million wallets, highlighting strong user adoption.

Additionally, Cocoon, a decentralized AI platform built on TON, continues to support token demand. Cocoon enables users to rent idle GPU capacity in exchange for TON, reducing reliance on centralized cloud providers. Telegram is the platform’s first major customer, using the network to power confidential message translation and integrating AI compute into TON’s ecosystem.

Technically, TON broke past $1.6040 resistance, with the next target near $1.6150, as breakout volume surged 67% above the 24-hour average.

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