Toncoin reversed from a brief rally above $2.11, returning to $2.02 support amid heavy selling pressure, elevated volume, and continued institutional interest signals.
Toncoin (TON) fell 2.37% to $2.0219 over the past 24 hours, erasing earlier gains after briefly touching $2.1165 on increased volume. Heavy selling followed, pulling the token back to a key $2.02 support zone. Elevated volatility and trading activity suggest ongoing institutional interest but also uncertainty, with traders watching for a bullish rebound toward $2.12 or a deeper pullback if $2.02 support fails. Additional market moves saw Solana (SOL) drop 4.9% to $153.49 despite $336 million in weekly ETF inflows, as Alameda Research unlocked 193,000 SOL tokens worth about $30 million.