TL;DR
- Toncoin (TON) recovers to $1.51, driven by a new decentralized AI network.
- The token had fallen sharply in late November amid broad market selling pressure.
- Cocoon, a confidential compute network, provides a core utility for the TON token.
A modest rebound across altcoins helps Toncoin (TON) move back above $1.50, drawing renewed attention after several sessions dominated by selling pressure. The token tied to Telegram’s technology stack trades near $1.51, posting a gain of about 1.5%, as the launch of Cocoon injects real utility into The Open Network.
Toncoin Attempts to Hold Its Recovery After November’s Pullback
The price of TON dropped sharply after spending months consolidating below $3.50 and $4.00. Sellers drove the token to $1.45 on December 1, 2025, mirroring the broader slowdown across crypto markets during late November and the weak open of the new month.
A mild rebound followed. Toncoin climbed back above $1.50, even as 24-hour trading volume slid by roughly 10% across major exchanges. The recovery remains limited, yet it gives buyers an opening to attempt a stronger move in the short term.
A push toward $1.60 would offer a path to revisit the $2.36 resistance band previously rejected by the market.
Cocoon Brings Utility-Driven Momentum to TON
The activation of Cocoon, a decentralized confidential compute network, has become the main catalyst behind the renewed demand for Toncoin. The project gives TON a core use case by linking real GPU demand directly to the token’s economic model.
According to the latest updates, Cocoon now processes live user requests, marking the operational start of the first decentralized artificial intelligence platform on The Open Network capable of delivering private AI inference at scale.
Its framework enables GPU owners across the globe to rent out hardware for privacy-preserving AI workloads, earning direct compensation in TON. The system relies on Trusted Execution Environments (TEEs) and zero-knowledge proofs, ensuring that sensitive data stays within secure enclaves.
By removing exposure risks and lowering operating costs compared to centralized providers such as AWS or Google Cloud, Cocoon strengthens the fundamental use case behind the TON token and gives developers a more reliable route for confidential AI computing.
Telegram itself acts as Cocoon’s anchor client and directs selected AI features through the network to maintain end-to-end confidentiality for its user base of nearly one billion people.
