CoinEx News: TON-linked tokens rallied on July 4, with HMSTR trading near $0.000350 after a 24-hour gain of about 76%, while DOGS rose about 25% and NOT added about 8%; derivatives data showed HMSTR futures volume near $604.7M, with about $51.2M in open interest and $1.64M in 24-hour liquidations. The TON ecosystem is built around Telegram-native apps, games and community tokens, and the broader positive backdrop remains Telegram’s deeper TON integration, including Mini Apps support and the May 2026 shift toward Telegram-led network execution.

Funding rate was mixed rather than broadly overheated, with HMSTR mildly positive at about 0.0050% per cycle while DOGS and NOT were negative, so the cleaner read is not a uniform leveraged-long squeeze.