Toncoin (TON) is having a moment. The token surged 14% today, now trading around $7.24, marking its highest price in over a month. This push comes on the back of rapid user growth and feature rollouts within Telegram’s blockchain ecosystem.
Telegram’s Crypto Just Got Real
The Open Network (TON), which powers Toncoin, is becoming more than just a buzzword. Telegram recently expanded its in-app wallet features across more regions, and now users can send Toncoin directly in chats, pay for services, and access dApps—all without leaving the app.
Daily active wallets on the TON blockchain spiked 28% in the last week alone, and TVL (total value locked) hit $378 million. This isn’t just retail activity either—several crypto-native funds are reportedly exploring TON-based staking and DeFi strategies.
Also, Pantera Capital’s CEO recently said they’re “closely watching TON’s growth” after Telegram surpassed 1 billion downloads globally.
While other chains are fighting for devs and users, TON is quietly turning Telegram’s 900M+ user base into one of crypto’s largest built-in audiences.
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