Toncoin (TON) just reached its 26-month-high after securing the top spot of the gainers’ list. TON is up by 34.4% in the past 24 hours and is trading at $3.75 at the time of writing. The recent rally helped the asset secure the 13th spot among the leading cryptocurrencies with a total market cap of over $13 billion. Moreover, Toncoin’s daily trading volume also rallied by 342% and is currently hovering around the $300 million mark. According to data provided by Santiment, TON’s total open interest (OI) surged from $12.1 million on March 11 to $16 million at the reporting time. Per Santiment, Toncoin’s funding rate is currently sitting at 0.05%. This shows that traders are still betting on a further price rally unless the market takes a U-turn.