TON’s 10x Speed Upgrade: Whales Accumulate as Price Spikes and Crashes

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<a href="https://jpykr.com/ton-usd/">TON</a> Got a 10x Speed Upgrade:The Price Spiked to $1.32 and Gave It All Back

Key Takeaways

  • TON blockchain upgraded to 10x speed, block rate increased 6x, transactions now subsecond
  • Upgrade is step 1 of 7 – next step cuts already-low transaction fees by 6x
  • Top 100 whale addresses accumulated 189,730 TON over past 3 months despite price decline
  • TON lost two thirds of market cap since August 2025 local top
  • Price spiked to $1.320 on upgrade news, fully rejected back to $1.220 within hours

Pavel Durov announced that the TON blockchain has finished its first big upgrade as part of the ‘Make TON Great Again’ plan. This upgrade significantly improved the network’s speed and efficiency: it can now process transactions much faster – in less than a second – and handle six times more transactions per block. Overall performance has improved tenfold. This is the first of seven planned upgrades.

The TON blockchain just got upgraded and is now 10× faster.

Block rate increased 6×.

Transactions are now instant, subsecond.

This was step 1 of 7 to Make TON Great Again (MTONGA).

Next step: cut the already low transaction fees by 6×.

— Pavel Durov (@durov)

Next, we’re cutting transaction fees by a significant 83% – and they were already quite low! After that, we have six more improvements planned. While Pavel Durov didn’t say exactly when these will happen, he indicated they’ll be rolled out one after another. This latest upgrade is the essential groundwork for everything that comes next.

Transactions happening in less than a second, combined with a six-fold reduction in fees, represent a major leap forward for TON. These improvements make TON one of the fastest blockchain networks available and address a key concern – high fees – making it practical for handling many small payments, especially within Telegram’s large user base.

What Whales Did While the Market Wasn’t Looking

Currently, TON is the 29th largest cryptocurrency by market value. However, it has lost about two-thirds of its value since reaching a peak in early August 2025. Despite this decline, the biggest TON holders – the top 100 ‘whales’ – have been buying, adding 189,730 TON to their holdings over the last three months. This represents a 2.5% increase in the total supply held by these large investors, according to data from Santiment.

As an analyst, I’ve been tracking Toncoin, and I’ve noticed a significant trend: the top 100 largest holders – what we call ‘whales’ – have been steadily buying up more of the coin. Over the last three months, they’ve collectively added 189,730 Toncoin to their holdings. This indicates strong confidence and accumulation from major players in the network.

Despite the cryptocurrency, currently ranked 29th, losing about two-thirds of its value since early August 2025, the recent significant buying suggests a positive outlook.

— Santiment (@santimentfeed)

The accumulation phase happens *before* prices bounce back up, not before they continue to fall. When large investors steadily buy during a significant price drop – even as the price continues to fall – it shows strong confidence that isn’t based on immediate price movements. They’re not buying because the price chart looks promising; they’re buying because they believe the asset is undervalued and will increase in worth when market conditions improve.

With the recent improvements and favorable market conditions, the large investor is now poised for a significant move they weren’t able to make before.

What the Chart Said

Looking at the 4-hour chart for Toncoin on Binance, April 9th saw a significant price swing. The price quickly jumped from $1.240 to $1.320, temporarily surpassing all resistance levels, but then quickly fell back down to $1.220 within the same trading session. This jump to $1.320 was the biggest price movement seen on the chart, but the market quickly pushed the price back down, indicating strong resistance at that level.

TON is currently trading at $1.253 with very low trading volume – the lowest we’ve seen recently. The price has repeatedly bounced off a resistance level at $1.253. Support at $1.220 has successfully held the price twice, while the high of $1.320 hasn’t been challenged since it was reached.

The recent improvements are legitimate, and large investors are clearly buying in. However, the quick drop in price after positive news suggests the market hasn’t fully embraced these changes yet. It seems the market is waiting for better overall economic conditions before it fully recognizes the true value of the technology.

Step two of seven is a 6x fee cut. The chart will tell us whether that one lands differently.

As a researcher, I want to be clear that the information I present here is strictly for educational use. It’s not financial advice, and shouldn’t be taken as a recommendation to invest in any particular cryptocurrency or strategy. Before making any investment decisions, it’s crucial that you do your own thorough research and speak with a qualified financial advisor.

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2026-04-10 07:37