Toncoin registered a moderate upward movement this December 2nd, driven primarily by the official deployment of the Cocoon AI platform on its network. According to market analyst reports, the asset’s price managed to climb to $1.5029 during the trading session. This rebound in valuation coincides directly with the strategic integration of Telegram as the system’s first official corporate user.
Detailing the event figures, trading volume experienced a significant jump of 37% above the weekly average, reaching 2.95 million. This substantial increase in commercial activity reflects renewed interest from investors following the activation of live user requests. The new infrastructure allows GPU owners to rent out their excess computing power for artificial intelligence inference tasks, receiving direct compensation in TON tokens in exchange for their technological services.
Could artificial intelligence infrastructure drive a new sustainable bullish trend?
On the other hand, this initiative seeks to solve the growing global demand for computational processing capacity through an efficient decentralized collaborative economy model. Telegram, leveraging its historical ties with the ecosystem, has begun using the Cocoon AI platform to power its own internal tools. In this way, the project demonstrates immediate real utility, validating its value proposition to the market and moving away from the purely financial speculation that often characterizes the sector.
However, although TON’s price performance remains slightly below other general crypto market benchmarks. The disproportionate increase in volume suggests that large participants could be accumulating strategic positions at current price levels. Technically, the token has shown resilience by defending the key support of $1.45, while facing immediate resistance at $1.51 which it must overcome to confirm the trend.
Likewise, the market structure indicates that the asset is in a consolidation phase within a very narrow operating range. Despite the competition, the continuous development of the ecosystem and the underlying blockchain technology reinforce TON’s narrative as critical infrastructure for AI. If buyers manage to maintain the current momentum, analysts project a move towards the $1.53 target in the short term.
