Toncoin Price Jumps 17% As Tether Widens Payment Choices On Telegram’s TON Ne...
Tether, the company behind the largest stablecoin in the market, USDT, has made a significant expansion move that has propelled the Toncoin price, the native token of The Open Network (TON), by 17% in the past 24 hours. Tether Expands Reach To 15 Blockchains On Friday, Tether announced the launch of its USDT dollar-pegged token and Tether Gold (XAUT), a gold-backed digital token, on The Open Network. This development marks a significant move for Tether, expanding its presence to 15 blockchains. The integration of TON with Telegram, which boasts over 900 million global users, is expected....
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Toncoin extended its rally on Wednesday, climbing to a new local high of $2.215 and bringing its three-day gain to more than 60%, as traders continued to price in Telegram’s deeper role in The Open Network. With the move, TON reaches it highest price since mid-November last year following fresh comments from Telegram founder Pavel Durov, who argued that Telegram becoming TON’s largest validator would strengthen decentralization rather than weaken it. The rally marks TON’s sharpest short-term moves this year. Market data showed Toncoin trading near the $2.10–$2.20 zone on Wednesday, with....
Toncoin (TON) is currently on the upside with the token experiencing a nearly 20% uptick since last week, gaining the attention of investors and traders as developments continue to rack up some hype. Although the market retraced by a percent in the 24 hours, this has led to the altcoin market recovering by a significant margin. Related Reading: Ripple Moves 150 Million XRP, Fueling An 11% Price Surge TON’s upward climb might continue in the coming weeks as developments proceed. In this case, investors might be able to gain more, but the market’s retracement might be a hint of what is to....
The development of Toncoin, designed to work in conjunction with the Telegram messaging app, has been one for the books. TON, which stands for “The Open Network,” got its own @wallet bot on Telegram’s open WebApps platform back in April, enabling users to transact Toncoin from within the messaging app. The revolutionary development has since then witnessed growth in terms of usage and transaction volumes. This time around, with a significant upgrade, a group of independent TON developers have taken it another step further by launching a fully-fledged cryptocurrency wallet inside the....
On-chain data suggests the Toncoin whales have participated in significant accumulation over the past week, which could be bullish for TON. Toncoin Whales Have Bought Large During The Last Seven Days As explained by analyst Ali Martinez in a new post on X, Toncoin whales have been active with net buying recently. The on-chain indicator […]
The Telegram founder has revealed that the Toncoin network is set to see its transaction fees drop by sixfold in one week’s time. Toncoin To Drop Transfer Fees As Part Of MTONGA In a new post on X, Telegram founder and CEO Pavel Durov has shared that the Toncoin network will undergo a change related […]