Ethereum has achieved a new all-time high, exceeding the $4,500 mark and drawing attention from experts. This surge is attributed to expanding DeFi applications and increasing institutional investments. Analysts point towards Telegram’s 1 billion users potentially boosting TON’s bullish narrative and breaking resistance levels. TON Strategy approved a $250 million stock buyback program, aimed at strengthening its balance sheet and supporting Toncoin holdings. The move has spurred interest in TONX stock, which has retreated by approximately 3.16% to around $11.50. Crypto analyst Bobby highlights a multi-month accumulation setup on the daily chart of Ton coin price, suggesting a rally towards $4. This comes alongside a symmetrical triangle pattern on the daily chart, indicating a potential breakout, and has been defended multiple times near the $3.00 level. Meanwhile, TONX stock traded down by approximately 3.16% to around $11.50 at time of writing. TON Strategy’s recent announcement for a buyback program also plays a part in driving investor confidence, particularly after their rebranding and shift toward a digital asset treasury strategy centered on Toncoin. TON’s price is showing strong momentum, rising 0.54% over the past 24 hours to $3.18 as investors watch closely for further gains.