Toncoin reached $1.50 following the launch of Cocoon, a Telegram-backed decentralized AI compute network that immediately lifted market interest in TON and digital-asset trading activity. The jump coincided with a sharp rise in volume, signaling heightened institutional and retail engagement in Toncoin’s emerging role as infrastructure for privacy-preserving AI.
Cocoon debuted as a Confidential Compute Open Network and a Decentralized Physical Infrastructure Network (DePIN) that markets GPU compute for private AI inference tasks, with contributors paid in Toncoin. The platform is designed to facilitate private, scalable AI workloads while aligning incentives through the TON ecosystem.
The platform pairs confidential computing techniques with trusted execution environments (TEEs) and multi‑party cryptographic protocols to keep data private during processing. A trusted execution environment (TEE) is a hardware-based isolated area that protects data and code while in use, providing a secure enclave for sensitive computations.
Telegram serves as Cocoon’s primary initial client, integrating the network for privacy-preserving features such as message summarization and creating steady baseline demand for the service.
The market response showed immediate buying pressure. According to market reports, Toncoin’s price registered an immediate rise of about 0.77% to $1.5029, and earlier weekly gains were reported near 8%, highlighting swift investor interest around the Cocoon debut.
Cocoon launch and technology for Toncoin
Trading volume spiked roughly 37% above the weekly average to about $119 million–$122 million within 24 hours of the debut, a level observers linked to large-position accumulation, underscoring intensified participation across market segments.
Reported market capitalization stands near $3.74 billion–$3.75 billion, with a circulating supply of about 2.49 billion TON. Technical observers note short-term support around $1.44–$1.45 and resistance near $1.51–$1.53; a sustained break above that resistance could open further upside momentum.
The Cocoon deployment reframes Toncoin as a utility token beyond messaging use cases, validating its role in decentralized AI infrastructure while exposing it to typical crypto risks. Price volatility remains a core risk; concentration in token holdings—reported at a high share controlled by large holders—introduces potential for outsized market influence. Competing decentralized AI projects and existing decentralized compute networks also present strategic rivals in the same market niche.
Elevated volume and ecosystem activity point to growing institutional and retail interest that could accelerate integration and developer adoption if Cocoon can deliver consistent private inference throughput and stable demand.
Cocoon’s launch has materially altered investor perception of Toncoin by linking the token to a privacy-first AI compute market. The immediate trading response underscores both the potential for TON-driven utility and the attendant market risks as the network scales.
