- TON hit $6.6B in daily trading volume, boosted by Telegram integrations, staking growth, and bullish technical formations.
- SUI surged by 15% as stablecoin supply tripled, TVL reached $1.8B, and wallets spiked from new integrations and Slush rollout.
- SEI rallied by 45% in 24h, backed by $679.5M volume and strong market cap, eyeing $0.30 with bullish momentum above $0.1850.
Trading activity surged across three altcoins, TON, SUI, and SEI, as they gained major attention from the market on June 23. Coingecko data showed all three tokens led the most viewed category during the day.
This was fueled by a mix of bullish price action, volume spikes, and strong ecosystem growth. These developments followed recent technical formations, network activity milestones, and volume dominance across both spot and futures markets.
TON Records $6.6 Billion in Volume
TON had increased activity across trading platforms, driven by utility integrations within the Telegram ecosystem. As per MEXC, over 110,000 participants engaged in the TON Triumph event, which ended recently.
The exchange recorded over $1.4 billion in TON spot volume and $5.2 billion in futures volume. Additionally, 2.2 million TON tokens were staked, and more than 102 million USDe was held on-chain.
Rananjay Singh described TON as a fast, cost-efficient Proof-of-Stake blockchain with simplified crypto transfers embedded within Telegram. Users benefit from wallet-friendly features, including human-readable wallet names and energy-efficient operations. Besides payments, TON is building tools for storage, DNS, and private browsing.
Technical setups also showed strength. Analyst Daniel Ramsey pointed to a completed falling wedge at a key price zone, expecting an upward retracement. He projected two targets in the short-term; $4.9560 and $6.4820.
SUI Climbs by 15% After Ecosystem Metrics Improve
SUI rebounded sharply with a 15% daily candle following previous market volatility. According to Crypto Rand, a breakout above the $3 trendline could lead to a full bullish continuation. Network metrics also showed rising adoption and locked value.
Michaël van de Poppe noted that SUI’s stablecoin supply grew from $400 million to $1.2 billion. Its total value locked reached $1.8 billion, placing it third among non-EVM chains. Wallet usage surged following the Slush wallet rollout and Phantom wallet integration. However, he emphasized that SUI must break above $3.30 for further upside.
SEI Jumps by 40% as Bulls Eye Higher Targets
SEI recorded a 45% price increase in 24 hours, supported by rising trading activity and strong investor interest. At press time, SEI was trading at $0.2853, with a $1.58 billion market cap. Its 24-hour volume rose by 203.3% to $679.5 million, pushing its volume to market cap ratio by 42.8%.
World of Charts noted that SEI delivered a strong rally, providing over 45% gains during the recent run. Michael van de Poppe stated that holding the $0.1850 level was key to initiating a move toward $0.30.
Consolidated Momentum Across Networks Drives Market Focus
TON, SUI, and SEI each showed distinct catalysts behind their rising interest, from technical patterns to ecosystem metrics. While TON drew volume strength through Telegram-linked integrations, SUI advanced through rising TVL and wallet growth. Meanwhile, SEI stood out with rapid daily gains and strong bullish setups, supporting the attention across the market.
