Toncoin (TON) has been on a tear, surging over 13% in the past 24 hours. This impressive rise comes on the heels of two major developments: listings on leading crypto exchanges Binance and BtcTurk, and a new rewards program from STON.fi.

Binance Listing Fuels the Rally

The initial spark for the rally came from Binance announcing TON as its 56th Launchpool project. Users can now farm TON by staking BNB and FDUSD for twenty days before trading opens on the exchange. Additionally, Binance introduced a Super Earn feature for locked TON, offering users another avenue for earning rewards.

BtcTurk Expands Access for Turkish Users

The momentum continued with BtcTurk, Turkey's largest crypto exchange, listing TON for trading. This opens up access to TON for their 5 million users, with trading pairs against USDT and the Turkish lira starting on August 15th.

Rewards Program Sweetens the Deal

Adding to the bullish sentiment, the TON blockchain-based DEX protocol STON.fi launched a $1.15 million rewards program to incentivize USDT liquidity. This program aims to attract users and further boost the TON ecosystem.

Technical Analysis Hints at Continued Growth

Looking at the price chart, bulls seem to be in control. TON has bounced off a key support level and indicators like RSI and MACD suggest a potential move towards the $10 target. With these positive developments, Toncoin appears poised for continued growth.