- TON released Tolk, a new smart contract language promising 40% lower gas costs and faster, cleaner development.
- The upgrade replaces FunC, with full migration tools and support aimed at boosting DeFi, gaming, and social app ecosystems.
- Despite the launch, TON-USD dropped 2.85% in 24 hours, with $3.16 acting as key support amid fading trading volume.
The TON Foundation just dropped something big—Tolk, a brand-new smart contract language built for The Open Network. It’s designed to cut down costs, speed up dev time, and finally make on-chain building a little less… painful.
Announced Thursday, Tolk is set to replace the older FunC language (which was, let’s be honest, kind of clunky). It’s tailored for TON’s asynchronous actor model and aims to simplify smart contract development—whether you’re totally new or already shipping DeFi tools at scale. And yep, it’s built to go faster without wrecking the low-level power advanced devs still need.
So What’s New With Tolk?
It’s got cleaner syntax, a more modern structure, and—according to the Foundation—contracts written in Tolk use up to 40% less gas than FunC equivalents. That means cheaper transactions and better scalability, both of which are a huge deal if you’re trying to build high-throughput apps in crypto’s fast lane.
“This is a turning point for TON developers,” said Anatoly Makosov from TON Core. “Tolk delivers the clarity and power developers expect without giving up speed, control, or efficiency.” In other words: faster builds, lower costs, fewer headaches.
The rollout comes with full dev support—migration tools, IDE integration, and everything you’d need to get moving. TON’s pushing it hard as a fix for long-standing dev bottlenecks across DeFi, gaming, and social app development. If you’ve been waiting for the green light to jump into the TON ecosystem, well… this might be it.
Meanwhile, TON Price? Kinda Meh.
Even with the launch hype, TON’s native token didn’t exactly moon. At the time of writing, TON-USD was down 1.73%, sitting around $3.17, according to CoinDesk. Not a total crash or anything—just a slow bleed in a mostly red day.
Between July 18 and 19, the token slipped 2.85%, falling from $3.26 to $3.17 in what turned out to be a pretty choppy 24-hour window. It bounced between a high of $3.31 and a low of $3.16—so yeah, volatility’s still hanging around.
A big drop hit around 20:00 UTC on July 18, with over 6.18 million tokens moving on that candle. That drop seemed to confirm $3.23 as short-term resistance. Buyers showed up around $3.16 multiple times, which is now looking like a soft floor.
By the end of the session, volume had dried up—just 90K tokens moved in the final stretch. That’s not much. Seller exhaustion maybe? Still, the pattern’s bearish for now: lower highs, lower lows, fading momentum. In the final hour, TON slipped another 0.81%, briefly tagging $3.18 before falling right back to $3.16.
Takeaway
Tolk could be a real win for TON’s dev community—faster builds, lower fees, and cleaner code is a solid combo. But price-wise? Market’s not biting yet. The tech’s promising, no doubt… but the chart still says wait and see.
