- With ultra-low fees of $0.01 per transaction, Toncoin is emerging as a top choice for microtransactions and DeFi applications.
- The MACD crossover combined with RSI reaching the 34.72 marker suggests that price recovery has a chance to begin because selling pressure seems to be losing intensity.
- The analytics indicate Toncoin tokens will reach $4.67 by March 3, 2025 before they surge to $11.79 by March 28, 2025 for a total 228.98% growth.
In the realm of blockchain networks, transaction fees vary significantly. Ethereum, for instance, generated $2.48 billion in gas fees in 2024, averaging $6.79 million daily.In contrast, TON offers more affordable transactions, with average fees around $0.01. This cost-effectiveness positions TON as a viable option for microtransactions and decentralized applications.
Toncoin (TON) is currently trading at $3.47, reflecting a 2.7% decline in USD value over the last 24 hours. Toncoin maintains a 0.6% higher price point in relation to Bitcoin BTC while experiencing decreased value in USD markets. The temporary decrease in price shows that Toncoin upholds its competitive position against other cryptocurrencies in the market today.
TON’s Low Fees Boost Its Digital Payment Appeal
Bitcoin has established itself as a store of value, attracting institutional investors. Ethereum, known for its smart contract capabilities, supports a broad ecosystem of tokens and decentralized applications. Meanwhile, TON is optimized for microtransactions and mini-apps, making it an efficient choice for everyday digital payments.
This specialization is evident in transaction costs where Bitcoin and Ethereum transactions average around $2.37, whereas TON fees are significantly lower at just $0.17. This cost efficiency enhances TON’s appeal for microtransactions, stablecoin transfers, and retail payments. With its ability to support low-cost transactions and facilitate remittances, TON is emerging as a practical solution for users seeking an affordable and scalable blockchain network.
Technical Indicators Signal Potential Bullish Reversal for Toncoin
The MACD line at 0.030 and a histogram of -0.270, suggesting weak momentum with a slight bullish crossover, hinting at possible consolidation or minor upward movement.
Meanwhile, the RSI stands at 34.72, approaching the oversold territory, with its moving average at 32.36, which implies that selling pressure has been dominant but could ease, potentially leading to a price rebound.The overall trend suggests that Toncoin has been under bearish pressure but is nearing a critical support level.
TON Price Forecast for March 2025
Data from Coincodex suggests that, the next five days, Toncoin will reach the highest price of $ 4.67 on Mar 03, 2025, which would represent 35.31% growth compared to the current price. By March 28, 2025, Toncoin price is predicted to rise by 228.98% and reach $ 11.79.
