TON 質押 TVL 比率創下新低，顯示 TON 價格上漲才剛開始

Toncoin 價格回升是過去一周加密貨幣市場中為數不多的亮點之一。節慶期間大盤氣氛低迷

The Toncoin price has been on a roll lately, and it appears that the altcoin is finally entering its recovery phase. After a brutal bear market that saw TON’s value plummet by over 90%, the recent price rally is a welcome sight for investors.

Toncoin 的價格最近一直在上漲，看起來山寨幣終於進入了復甦階段。在經歷了 TON 價值暴跌超過 90% 的殘酷熊市之後，最近的價格上漲受到了投資者的歡迎。

As Toncoin approaches the $6 mark, a recent on-chain phenomenon suggests that the price rally for TON might just be getting started.

隨著 Toncoin 接近 6 美元大關，最近的鏈上現象表明 TON 的價格上漲可能才剛開始。

Toncoin Staking TVL Ratio At A Low: What Happens Next?

Toncoin 質押 TVL 比率處於較低水平：接下來會發生什麼？

In a recent Quicktake post on the CryptoQuant platform, an analyst pseudonymously known as Joaowedson discusses the dynamics between the staking TVL ratio and Toncoin price. According to the pseudonymous analyst, there is a correlation between the amount locked on TON and its price movements.

在 CryptoQuant 平台最近的 Quicktake 貼文中，一位化名 Joaowedson 的分析師討論了質押 TVL 比率和 Toncoin 價格之間的動態。這位匿名分析師表示，TON 的鎖定金額與其價格走勢之間存在相關性。

One trend observed is that investors tend to withdraw their assets to explore trading opportunities whenever there is a price increase. This phenomenon has also been observed in the TON ecosystem, with the TVL metric dropping in recent weeks.

觀察到的一種趨勢是，每當價格上漲時，投資者往往會撤回資產以尋找交易機會。在 TON 生態系統中也觀察到了這種現象，近幾週 TVL 指標有所下降。

Joaowedson highlights that the staking TVL ratio has reached new lows, coinciding with what appears to be a bottom for the Toncoin price. This ultimately suggests that the probability of an increase in the Toncoin price is higher.

Joaowedson 強調，質押 TVL 比率已達到新低，與 Toncoin 價格的底部一致。這最終表明 Toncoin 價格上漲的可能性較高。

While the concept of reduced interest in staking leading to a price increase may seem counterintuitive, it can be explained by the increase in liquidity available for trading.

雖然質押興趣減少導致價格上漲的概念似乎違反直覺，但可以用可用於交易的流動性增加來解釋。

As the Quicktake analyst puts it:

正如 Quicktake 分析師所說：

“When investors withdraw funds from staking, they usually move them to exchanges for a quick trade. This movement increases demand for the token and drives prices up.”

「當投資者從質押中提取資金時，他們通常會將資金轉移到交易所進行快速交易。這項運動增加了對代幣的需求並推高了價格。

From a historical perspective, a similar situation occurred in March 2024 when the staking TVL ratio shrank drastically as the TON price surged to new highs.

從歷史來看，類似的情況在2024年3月也出現過，當時質押TVL比例大幅下降，TON價格飆升至新高。

“Interestingly, as interest in staking diminished, funds started flowing into centralized exchanges (CEXs) and decentralized exchanges (DEXs) like Ston.FI and Dedust, boosting the TVL in those categories,” Joaowedson adds.

Joaowedson 補充說：「有趣的是，隨著質押興趣的減弱，資金開始流入中心化交易所(CEX) 和去中心化交易所(DEX)，如Ston.FI 和Dedust，從而提高了這些類別的TVL 。

With investors being more willing to make their assets available for trading, there is a higher likelihood of price increases due to growing demand. If this holds true, the Toncoin price could return to levels close to its recent highs.

隨著投資者更願意將其資產用於交易，由於需求不斷增長，價格上漲的可能性也更大。如果這是真的，Toncoin 的價格可能會回到接近近期高點的水平。

Toncoin Price At The Moment

目前 Toncoin 價格

At the time of writing, the Toncoin price is around $5.78, showing a 0.5% decrease in the past 24 hours. However, over the past week, TON’s value has risen by over 6%, according to data from CoinGecko.

截至撰寫本文時，Toncoin 價格約為 5.78 美元，過去 24 小時內下跌 0.5%。然而，根據 CoinGecko 的數據，過去一周，TON 的價值上漲了 6% 以上。