A touch panel, a touch display and a method of manufacturing the touch panel are provided. The touch panel includes a substrate, at least one driving electrode, at least one first sensing electrode, at least one second sensing electrode, and an elastic dielectric material. The at least one first sensing electrode is disposed on the substrate and is electrical insulating from the at least one driving electrode. The at least one second sensing electrode is disposed on the at least one first sensing electrode and overlapped with the at least one first sensing electrode. The elastic dielectric material is disposed between the at least one first sensing electrode and the at least one second sensing electrode.