Robinhood has listed Toncoin, the native token of The Open Network (TON), on its platform for U.S. clients. The TON value has additionally rebounded amid the again of this itemizing, which supplies a bullish outlook for the altcoin.
Robinhood Lists Toncoin For U.S. Customers
According to data from Robinhood’s website, the altcoin is now obtainable for buying and selling for its U.S. clients. The crypto trade additionally confirmed this itemizing in an X put up.
$TON is now obtainable to commerce on Robinhood. pic.twitter.com/REsxbiZAqy
— Robinhood (@RobinhoodApp) August 28, 2025
This follows the crypto exchange’s listing of SUI simply over every week in the past. Meanwhile, earlier than then, Robinhood listed ONDO, FLOKI, and Hedera because it continues to extend its crypto choices for U.S. clients.
The TON value rebounded 5% from the intraday’s low of about $3.11 to achieve a spread excessive of about $3.24 amid this itemizing, based on Buying and sellingView knowledge. However, the large-cap altcoin has given up some features, buying and selling at roughly $3.21 on the time of writing.
The strategic itemizing of Toncoin on the Robinhood market will play a vital position in increasing its market share. According to Robinhood’s official web site, the variety of funded clients is roughly 26.7 million, with the overall platform’s belongings valued at round $298 billion.
Notably, Robinhood introduced throughout its second quarter 2025 financial results that its buying and selling quantity elevated by 32% year-over-year to $28 billion. The Toncoin itemizing on its crypto platform will additional enhance its quantity, which in flip might result in larger revenues.
The Bullish Fundamentals In The TON Ecosystem
The Toncoin ecosystem has grown considerably previously 12 months, backed by the 1 billion Telegram customers and clear crypto rules in main jurisdictions. Earlier this 12 months, Telegram made TON its native and unique blockchain to energy its fast-growing Mini Apps ecosystem.
According to market knowledge evaluation from DeFiLlama, the TON blockchain has seen its stablecoin market cap enhance to about $708 million because the strategic partnership with Tether. However, Toncoin’s whole worth locked (TVL) has declined from its July 2024 peak of about $751 million to round $145 million on the time of this writing.
The TON ecosystem has attracted institutional buyers in search of to profit from its rewarding staking program. For occasion, Chorus One launched its TON Pool, an institutional-grade staking program for Toncoin, earlier this 12 months and has since grown to 10.4 million TON, which is valued at about $33 million.
The demand for Toncoin additionally contains the launch of the primary TON treasury technique. As CoinGape reported, Nasdaq-listed Verb Technology recently acquired $713 million in TON for its treasury.
The firm additionally revealed plans to carry over 5% of the altcoin’s whole provide. The launch of extra TON treasury firms might additionally result in elevated demand, making a provide shock and probably sparking larger costs.
Coingape Staff
CoinGape includes an skilled crew of native content material writers and editors working around the clock to cowl information globally and current information as a truth relatively than an opinion. CoinGape writers and reporters contributed to this text.
Investment disclaimer: The content material displays the writer’s private views and present market situations. Please conduct your personal analysis earlier than investing in cryptocurrencies, as neither the writer nor the publication is chargeable for any monetary losses.
Ad Disclosure: This website might function sponsored content material and affiliate hyperlinks. All ads are clearly labeled, and advert companions haven’t any affect over our editorial content material.
