Toncoin Price Drops to 2023 Levels Amid Market Decline

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According to RBC, the price of Toncoin (TON) fell to $1.70 on November 18, 2025, marking its lowest level since September 2023. Despite Coinbase announcing the start of TON trading, the token followed the broader market downward trend, dropping 2.7% in 24 hours. As of 11:50 Moscow time, TON was trading at around $1.79 with a market cap of $4.4 billion. The price has declined 17% in a month and nearly 70% from the start of 2025.

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