In April 2024, TON launched native USDt on The Open Network. USDt on TON has achieved a circulation of 729.9 million in just five months, making it the fastest growing launch in Tether’s history. This launch represents a significant step towards the mass adoption of Web3 peer-to-peer payments, providing a seamless experience to Telegram’s 950 million users. Continuing on this initial success, TON …

TON Defies Instability: Recovers Above $5 Amid DOGS Airdrop and Network Outages Toncoin (TON) continues its upward trajectory despite recent setbacks. The arrest of Telegram co-founder Pavel Durov in late August did not derail its progress. Toncoin demonstrated notable resilience even during two network outages that occurred during the distribution of the DOGS token. The cryptocurrency has expande…

​ TON Foundation Pumps $24 Million into Fueling DeFi on Telegram-Linked Network The initiative will reward liquidity providers on two of TON's biggest DeFi protocols as the Telegram-aligned network attempts to attract traders. The organization that supports The Open Network, Telegram’s blockchain of choice, announced on Friday that it has contributed another $24 million worth of Toncoin (TON) to i…

​ Why a memecoin nearly broke the Toncoin blockchain? 1st September TON blockchain went down twice within 36 hours due to an unexpected spike in transaction volumes driven by the sudden popularity of a new memecoin called DOGS. The heavy traffic caused by DOGS transactions overwhelmed the network, leading to concerns about the blockchain’s capacity to handle high volumes of activity and its overal…

TON surged almost 7% over the past 24 hours to $4.89, according to CoinGecko. The move follows a statement from Telegram CEO Pavel Durov — his first since his arrest on August 24. The French government detained Durov for his app’s alleged failure to crackdown on illicit activity on the platform. Toncoin is down almost 28% from the day of the arrest, when French authorities detained Durov for his a…