TON Price is drawing renewed attention after KuCoin completed its transition from Toncoin (TON) to Gram (GRAM) while the token continues to trade above a key support zone.
Toncoin is a Layer-1 blockchain designed for fast and low-cost transactions across payments, DeFi, and digital asset applications. At press time, the coin is trading at $1.80, up 2.68% over the past 24 hours.
Also Read: Toncoin Rebrand: Gram Is Back With 81% Community Approval
TON Price Holds Steady as Traders Eye the Next Move
The TON Price has been consolidating around approximately $1.80 on the TradingView chart. It is currently trading above the Bollinger Band’s midline, which is located near $1.76. This indicates that buyers are still attempting to protect this current price range despite the recent volatility.
Currently, the Bollinger Bands indicate that the price is above the midpoint of these bands but below the upper band, which is located near $2.02. Therefore, this upper band could be the next strongest area of resistance for the price of TON.
As well, the MACD indicates that the historical trend on the MACD is showing signs of improvement with the histogram moving from negative to positive, and the MACD line is approaching a bullish crossover above the signal line.
Should the buyers break and close above the $1.85 level, market attention would turn to the $2.00-$2.02 range. If the buyers are unsuccessful in pushing above $1.85, the next level of support is located near $1.76, with a more significant area of support at $1.72.
Also Read: Toncoin Price Eyes $2.20 Resistance After Key Support Retest at $1.48
KuCoin’s Rebrand Update Gives Traders Something to Watch
KuCoin posted on their X,
“KuCoin Has Completed the Switch of @ton_blockchain Toncoin (TON) To Gram (GRAM)“. The exchange said that “KuCoin Will Begin Trading Assets Under The Ticker Symbol $GRAM On June 15, 2026, at 14:00 (UTC)” .
KuCoin’s announcement states that all balances of the previous token (Toncoin) will be swapped over at a one-to-one basis for the new token, Gram. Trading, deposits, and withdrawals will be opened for the new coin as well.
New visibility is one of several reasons that have kept the TON price stable during this time of uncertainty, as investors digest what this change will mean to them.
After the conversion from Toncoin to Gram and subsequent price stability, the indicators for Toncoin’s momentum have begun to increase. However, there are still some important price resistance levels that must be broached.
It remains to be seen if this change will improve trading volume or volumes of either token. Just like the rest of the crypto space, toncoin is very volatile and pricing can quickly change.
Also Read: Toncoin Price Consolidates After Breakout as Key $2.05 Level Becomes Critical Support Zone
