Toncoin (TON) has experienced a significant rally, driven by the integration of the TON Wallet within Telegram, reaching 87 million U.S. users. This development has facilitated seamless crypto transactions and staking, contributing to a surge in Toncoin’s price and open interest. However, the market faced volatility following false reports about acquiring UAE's Golden Visa through staking Toncoin, which were promptly debunked by UAE authorities.
Additionally, Toncoin's price movement has been influenced by Telegram founder Pavel Durov's relocation from France to Dubai and speculation surrounding Telegram's potential $1.5 billion bond sale. Analysts highlight a potential 50% price move for Toncoin, citing technical analysis patterns, while market participants closely watch the cryptocurrency's performance at the $2.80 level. These developments underscore Toncoin's growing prominence in the crypto market, fueled by strategic partnerships and market speculation.
Toncoin (TON) Soars: Telegram Integration and Market Insights
September 06, 2025
1 min read
Toncoin (TON) has experienced a significant rally, driven by the integration of the TON Wallet within Telegram, reaching 87 million U.S. users. This development has facilitated seamless crypto transactions and staking, contributing to a surge in Toncoin’s price and open interest. However, the market faced volatility following false reports about acquiring UAE's Golden Visa through staking Toncoin, which were promptly debunked by UAE authorities.