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TON closes at 90-day high of $1.95 — up 49.8% in 7 days on 4.7x average volume
- TON (The Open Network) closed at $1.95 on May 5 — its highest closing price in 90 days — after surging from $1.30 just four days earlier.
- The 7-day gain of +49.8% was accompanied by a volume spike 4.7x the 30-day daily average, with May 5 alone printing $338.6M in volume vs a $72M norm.
- This represents a significant directional move after weeks of flat trading near $1.30–$1.35.
Supporting datasets
Supporting queries
To surface this insight, Baselight ran 7 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
Close on May 5: $1.9524 (90-day high close; 90-day low close: $1.2017). Close on Apr 28: $1.3033. 7-day return: +49.8%. May 5 volume: 338.6M vs 30-day avg of 72.0M = 4.70x ratio. Prior TON insight (Apr 29) covered a volume spike with only +1.4% price move — this represents a fundamentally different, directional signal.