Toncoin is the native currency of The Open Network (TON). Originally developed by the popular messaging app Telegram in 2018, they abandoned the project after the SEC (US Securities and Exchange Commission) sued Telegram over Toncoin in 2020. Shortly after, in 2021, the project was picked up by Newton, who launched the TON blockchain and its native currency, the TON coin. Its market cap, as of writing, is a whopping $13.18 billion, which puts it as the 10th cryptocurrency overall, just slightly behind Tron (TRX).
In this article, we will try and predict what the future holds for Toncoin as we explore our price prediction for Toncoin in the years 2040 & 2050, taking into account the multiple factors that may affect its price in the coming years.
Key highlights:
TON faced a rocky start with the SEC but has since been going strong
Toncoin could reach $84.66 by 2040 and as high as $484.14 by 2050 if it follows Bitcoin’s growth trajectory
TON's upcoming features, combined with the recent surge in popularity of Telegram games, indicate a bullish trend.
2025 2030 2040 2050 TON price prediction (5% yearly growth) $5.46 $6.97 $11.35 $18.49 TON price prediction (S&P 500 historical 11.13% ROI)* $5.78 $9.79 $28.14 $80.84 TON price prediction (BTC 3-year CAGR of 19.05%)** $6.19 $14.80 $84.66 $484.14 TON price prediction (CoinCodex algorithm) $13.71 $13.79 $77.33 $106.84
Based on the Toncoin price of $5.20 on October 11, 2024. *Price data was derived from the S&P 500’s average rate of return of return over the past 50 years (11.13%) **Price data was derived from Bitcoin’s Compound Annual Growth Rate (CAGR) over the past 3 years (19.05%)
Toncoin price history
Toncoin is a relatively new cryptocurrency, so analyzing its history will likely provide us with less insight into the future than with more long-standing cryptocurrencies like Bitcoin. Even so, it’s still crucial to understand how TON got to where it is today to better envision its future growth.
Toncoin started trading on August 28, 2021, at an initial price of $0.65. Over the next two months, its price fluctuated slightly, briefly dropping to $0.56 just one day after trading began. In the coming week, its price climbed up and nearly reached the $1 mark. It wouldn’t be until two months later that TON would break that barrier and attain its first peak of $4.66.
So far, Toncoin has finished in the green zone 2 times in the past 3 years.
This, however, didn’t last for long, as the price soon started to drop. By June 2022, Toncoin reached its lowest price since peaking, nearly matching its launch price at $0.79. Over the next year and a half, the price of TON would vary wildly, going back up to around $2.50 before dropping again. It should be noted that its price never went below $1 again, restoring some sense of stability.
TON would reach its next (and currently last) peak of $8.27 as recently as July 2024, which marks a nearly 13x increase from its initial price. Since then, the price of TON has again been slowly dropping, down to $5.20 as of writing.
As alluded to before, TON’s price history isn’t and shouldn’t be considered a direct predictor of the future. Instead, it serves as a tool to estimate TON’s price potential in the future. In the following sections, we will examine some possible models for TON’s price growth, as well as what could impact its price in the future.
Toncoin price prediction for 2040
To make a long-term Toncoin price prediction, we first need to choose a few benchmarks for yearly growth. Using TON’s own yearly growth may not be the smartest choice in this case, as it hasn’t even been on the market for 5 years. A yearly growth rate of around 100% is a little excessive and is certainly not sustainable in the long run. Instead, let’s take a look at a few more reasonable prediction models.
Let’s start by modeling TON’s price against the S&P 500 index. Many investments are compared to the growth of the S&P 500 to determine whether they are overperforming or underperforming.
The S&P 500 index has had a yearly growth rate of around 11.13% over the past 50 years. Let’s plug this value into our crypto profit calculator to see what TON’s price would be in 2040 if it grew at this rate.
Under this assumption (yearly growth of 11.13%), Toncoin’s price prediction for 2040 would be $28.14, which is 500% more than its current price.
However, many crypto investors expect larger returns on such long-term investments. If things go right, the returns could potentially be much higher than the S&P 500. So, let’s choose a more ambitious model, by following Bitcoin’s 3-year CAGR of 19.05%
By following this model, we can predict TON’s price prediction to be $84.66, which is three times more than what the S&P 500 index model showed. If we assume the circulating supply of coins doesn’t change much in that time (which is unlikely), TON would reach a market cap of nearly 200 billion.
Toncoin price prediction for 2050
Let’s follow the same metrics as before to predict Toncoin’s price for 2050.
This model (yearly growth of 11.13%) predicts a price of $80.84 for Toncoin in the year 2050. This would make for a more than 15x increase from the current price.
Lastly, let’s once again use the generous 19.05% yearly growth rate from Bitcoin’s 3-year CAGR.
This model’s price goes out of hand, as it predicts Toncoin’s price to be $484.14 in the year 2050. This is an astronomical 93x increase from the current price of $5.20. It would also make TON’s market cap reach around $1.21 trillion.
Toncoin price prediction for 2024-2025
Now that we’ve taken a look at what the future possibly holds for TON in a decade or two, let’s predict its short-term prospects by using the Coincodex price prediction algorithm.
Toncoin’s price prediction for the years 2024 and 2025 seems very positive, with the algorithm predicting a massive peak of $23.68 in November 2024. After that, it's expected to drop again, and by the end of 2025, it's expected to settle at $10.97. This would represent a 2x increase from today’s price.
Toncoin’s long-term prospects
In the world of cryptocurrency, predicting a coin’s long-term price isn’t as simple as using a fixed yearly growth rate. Instead, the price is subject to many varying factors and is largely dependent on TON’s ability to upgrade its possible use cases and features, as well as its market sentiment.
One such upgrade is the “Jetton Bridge”, which enables users to transfer from TON to other big players like Ethereum and Binance Smart Chain. Another significant feature of TON is the “Collator and Validator Separation”, which could significantly improve TON’s capacity to process high-volume transactions without impacting performance.
TON also aims to improve user experience with its “TON Payment Channels” and “TON Storage”. The Payment Channels will allow users to establish channels for swift and limitless payments between two participants, with fees being only for opening and closing the channel, while TON Storage will enable file sharing and storage of any size on the decentralized TON network.
TON’s partnership with Telegram makes it an intriguing option for developers, as it's the only messaging app that integrates Web3, on top of being one of the most popular messaging apps in general. This could lead to more partnerships with major brands and firms if it proves to be successful.
Perhaps most notably, the TON ecosystem is booming thanks to the popularity of Telegram games, such as Hamster Kombat, which recently launched its token, HMSTR.
The bottom line
Several factors point to TON’s price increase in the following years. The rise in crypto adoption, new use cases and features, as well as how TON is perceived by the crypto community are all factors that point to an increase in Toncoin’s overall value.
It’s worth noting that even when taking all of this into account, it’s still impossible to predict the value of a cryptocurrency even a year or two from now, let alone 20. Ultimately, investing in crypto is a risky business, and the market could end up looking vastly different than it is today in the coming years.
If you want to explore long-term forecasts for other popular cryptos, make sure to check out the following articles:
Bitcoin Price Prediction for 2040 & 2050
Ethereum Price Prediction for 2040 & 2050
Shiba Inu Coin Price Prediction 2040 & 2050
Cardano Price Prediction for 2040 & 2050
