According to @rovercrc, authorities in the United Arab Emirates, including the Federal Authority for Identity (ICP), the Securities and Commodities Authority (SCA), and Dubai's Virtual Assets Regulatory Authority (VARA), have officially denied reports that staking Toncoin (TON) can secure a UAE Golden Visa. This statement directly refutes a claim made by Max Crown, CEO of the TON Foundation, which had caused TON's price to surge 12% to nearly $2.9. VARA further clarified that TON is not a licensed or regulated virtual asset within its jurisdiction, and the ICP confirmed that digital currency investors are not currently included in the golden visa framework. This official debunking provides critical context for traders analyzing TON's recent price volatility.

According to @rovercrc, Toncoin (TON) is displaying a strong short-term bullish uptrend, having established higher lows at $2.80, $2.81, and $2.83. The analysis indicates a significant resistance breakthrough at $2.85 occurred on exceptional volume, with strong support confirmed at $2.82 during multiple retests. This technical strength is fundamentally supported by news that The Open Platform (TOP), a developer tools provider, raised $28.5 million in a round led by Ribbit Capital and Pantera Capital, reaching a $1 billion valuation. This makes TOP the first unicorn in the TON ecosystem, signaling growing institutional investor confidence and potentially fueling further positive price action for TON.