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June 2, 2025

Toncoin (TON) Price Surges as Telegram Secures $300M AI Deal with Elon Musk’s xAI Brenda Mary | usagoldmines.com

TLDR:

  • Telegram to deploy Grok AI to over 1 billion users by summer 2025.
  • Toncoin price jumped from $2.94 to $3.66 after the xAI announcement.
  • Whale wallets added over 45M TON tokens, signaling long-term confidence.
  • TON targets $4.66 short-term, with potential to retest its $8.24 all-time high.

Toncoin (TON) has seen a sharp rise in price following a new partnership between Telegram and Elon Musk’s AI venture, xAI. The deal marks a major move by Telegram to expand beyond messaging into artificial intelligence. 

Investors responded swiftly to the announcement, sending TON up more than 15% within hours. This surge comes amid rising interest in AI integrations within social platforms. The collaboration also strengthens Telegram’s finances and brings Toncoin into greater focus.

Telegram’s $300M Alliance Fuels Toncoin Price Surge

Telegram CEO Pavel Durov confirmed a one-year deal with xAI, integrating Grok AI into Telegram’s ecosystem. 

Durov shared that the platform would receive $300 million in cash and equity from xAI. Additionally, Telegram will earn 50% of all Grok subscriptions sold via the app.

According to Durov, this AI rollout will be available to over a billion users this summer. 

The announcement triggered a double-digit gain in the TON price, lifting it from around $2.94 to $3.66. At press time, CoinGecko reports TON trading at $3.44 with over $787 million in 24-hour volume.

Toncoin Price on CoinGecko

Chart analysis from TradingView, shared by Binance user Pampa1, points to bullish momentum in the TON/USDT pair. 

After rebounding from $3, Toncoin is now eyeing key resistance zones at $3.64, $4.20, and $4.66. These levels could push short-term gains of 20%, while medium- and long-term targets range from 55% to over 100%.

The upward trend follows several bullish triggers, with market watchers closely tracking price movements near the $7.86 level. If TON breaks this barrier, analysts believe it could retest its all-time high of $8.24 and aim for $10.

Whale Activity Adds Fuel to Market Confidence

According to Pampa1, large holders have been actively accumulating TON, adding over 45 million tokens in the past week. 

At current values, this equals roughly $346.5 million in added positions. Such whale behavior suggests rising confidence in Toncoin’s future price trajectory.

This pattern aligns with the broader optimism around Telegram’s new financial and AI strategy. The link between Toncoin and Telegram continues to grow as strategic moves unfold.

The TON Foundation recently launched a 5 million TON DeFi reward program to boost liquidity for the USDt-TON pair. This initiative aims to reward providers across key pools and expand the network’s DeFi ecosystem.

Combined with Telegram’s AI announcement, these incentives are helping Toncoin solidify its standing in both the tech and finance sectors.

The post Toncoin (TON) Price Surges as Telegram Secures $300M AI Deal with Elon Musk’s xAI appeared first on Blockonomi.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

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