TON Price Decline Amid Institutional Fund Launch
- TON’s 5% decline follows a $400 million fund launch.
- TON trades at $3.43-$3.45 after initial gains.
- Ecosystem activity surges despite market fluctuations.

The Open Network (TON) experienced a 5% price decrease to $3.43–$3.45 on August 4, 2025, after a brief 3% increase, reflecting recent market fluctuations.
This price movement reflects investor caution despite strong on-chain engagement, institutional interest, and ongoing DeFi development promoting growth within the TON ecosystem.
The TON price has seen a 5% decline, now trading at $3.45. This comes after a brief 3% increase. A recent $400 million institutional fund launch may play a part in shifting investor sentiment.
The TON Foundation, in partnership with Kingsway Capital, announced the new fund to acquire and hold TON tokens. This initiative highlights institutional interest in expanding TON’s financial footprint amid market changes.
The market reacted with increased on-chain activity and new wallet addresses rising by 36% while active addresses saw a 51% increase. This suggests growing user involvement despite the current price volatility.
TON’s market capitalization is approximately $8.29 billion with a 24-hour trading volume of $17.21 million. These metrics underscore TON’s resilience and potential support at current price levels.
Despite the recent decline from $3.7 to $3.45, historical patterns show that TON often encounters sharp price corrections following rallies. Analysts remain attentive to its trajectory, watching for further institutional or on-chain developments.
Pavel Durov, Founder, Telegram – “No direct, recent statement from Durov regarding this specific price movement was found on official social media as of today.”
On-chain expansion bolstered by recent upgrades positions TON for further growth. However, the market still shows sensitivity to short-term fluctuations influenced by fundraising news and trading activity.