The Toncoin price has been recovering and is approaching the $6 mark, indicating that the altcoin is in its recovery phase. A pseudonymous analyst discussed the correlation between the amount locked on TON and price movements, noting that when investors withdraw their assets for trading opportunities, it increases demand for the token and drives prices higher. This phenomenon has been observed in the TON ecosystem recently, with the staking total value locked (TVL) ratio reaching new lows. Historically, a similar situation occurred in March 2024, leading to a significant increase in the TON price. With investors more willing to trade their assets, there is a higher likelihood of price increases due to growing demand. Currently, the Toncoin price is around $5.78, reflecting a slight decline in the past 24 hours but an overall increase of more than 6% on the weekly timeframe.



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