todayonchain.com

Toncoin doubles on growing Make TON Great Again momentum

Crypto Briefing
Toncoin price surged after Pavel Durov announced Telegram would become the network's largest validator under the "Make TON Great Again" initiative.

Summary

Toncoin (TON) saw its value more than double, rising from $1.37 to $2.80, as it climbed into the top 20 crypto assets by market capitalization. This rally follows Telegram founder Pavel Durov's announcement that the company is taking on a more direct role in the network, specifically acting as the largest validator as part of his seven-step "Make TON Great Again" roadmap. While the TON Foundation previously stewarded the network, Telegram is re-engaging with the project it originally abandoned in 2018 due to regulatory pressure. This momentum is supported by the rapid expansion of the TON ecosystem, including the rise of popular tap-to-earn mini-apps and improved network performance metrics.

(Source:Crypto Briefing)