$1.93 TON, are you going to buy the dip?

Telegram personally steps in as the largest validator, fees cut by 6 times, 950 million users waiting to be directed— but just now, a bridging vulnerability was exposed with $2.8 million stolen, EVAA protocol’s 15-month liquidation bug still not fixed. The price has been hammered back from 2.8 to 1.93, is this a golden opportunity, or the next death spiral?

First, look at the surface: textbook correction after a violent surge.

Starting from 1.25 in early May, a single-day surge of up to 60%, reaching over 2.8. Now retracing to 1.93, right at the 0.618 Fibonacci retracement level. Trading volume shrinks, no panic selling, the candlestick chart shows: this is a shakeout, not a top.

First thing: Telegram personally steps in, this is not just a hype.

Pavel Durov personally confirms that Telegram’s official staking of 2.2 million TON makes it the largest validator. Network fees are directly cut by 6 times, approaching zero fees.

950 million monthly active users, with wallets, Mini Apps, payments, usernames all built-in. Other Layer 1s are seeking users, TON already has users sitting there, just missing a “click” entry.

Second thing: DeFi ecosystem is quietly exploding.

After fee reduction by 6 times, STON.fi’s daily exchange volume skyrockets, SDK integrations double. Daily active addresses and transaction volume continue to grow high, the “social as entry point” mode of Mini Apps has been validated. TON Storage, TON DNS, USDT payments are being implemented.

Third thing: security vulnerabilities and centralization risks are more serious than you think.

Just now: $2.8 million stolen on the TON-Ethereum bridge. A 15-month liquidation bug on EVAA protocol, still not fixed. Telegram has become the largest validator, with only 0.3% wallet conversion rate among 950 million users.

On one side:

- Telegram official staking, fees cut 6 times

- DeFi ecosystem exploding, daily active addresses hitting new highs

- From 1.25 to 2.8 with violence, main players are investing real money

- Retraced to 0.618 Fibonacci level, technical health is good

On the other side:

- Bridge vulnerability with $2.8 million stolen, protocol bug unresolved for 15 months

- Telegram centralization risk, only 0.3% conversion among 950 million users

- Price still halved from ATH, heavy trapped orders above 2.0

- BTC still oscillating around 80k, macro uncertainties

Key level 1.93, the last bottom line for bulls and bears.

Resistance above: 2.00-2.10 (psychological level + previous high) → 2.50 → 3.00+

- *Support below: 1.85 (short-term MA) → 1.70-1.75 (strong demand zone) → 1.45 (extreme retracement)

Short-term traders:

Buy in stages in the 1.85-1.92 range, stop-loss at 1.78. Break above 2.00 with volume to add positions, target 2.20-2.50.

Swing traders:

Wait for daily candles to stabilize above 2.00 before entering, use dynamic take-profit to hold, target 2.5-3.0. If it drops below 1.70, abandon this wave.

Long-term believers:

DCA below 1.90 without hesitation. Telegram still has room to run, target 3.5-5.0 by late 2026.

TON now is like SOL in 2023—

Everyone’s criticizing “centralization” and “vulnerabilities,” yet it rose from $8 to $200.

At $1.93, are you worried it will go to zero, or that it will rise and you missed the boat? #TradFi交易分享挑战 #加密市场下跌15万人爆仓 $BTC $TON $ETH