Toncoin surges 36% as Telegram replaces TON Foundation and slashes fees
Pavel Durov said Telegram will take direct control of TON operations and cut fees to near zero, while staking about 2.2 million tokens.
- Telegram founder Pavel Durov announced that the messaging platform will replace the Swiss-based TON Foundation as the primary operator of The Open Network and become its largest validator.
- The move marks the most significant governance change since Telegram settled with the SEC in 2020 after abandoning the project, with Telegram now taking direct responsibility for product direction and Mini Apps.
- Toncoin rallied more than 36% in 24 hours to a four-month high of $1.80, with trading volume jumping 324% to $309 million as bullish sentiment spread across the Telegram-linked ecosystem.
- Telegram's nearly 1 billion monthly active users provide unmatched distribution, though concentrating validator authority departs from the decentralized model the TON Foundation was designed to represent.
- New developer tools, performance upgrades, and a refreshed website are expected within two to three weeks, while a June validator vote on inflation will test governance as Durov responded 'Inevitable' when asked if glory days lie ahead.
30 Articles
30 Articles
Telegram Replaces TON Foundation as Network’s Driving Force, Token Surges 23%
Telegram founder Pavel Durov announced on Sunday that the messaging platform will replace the TON Foundation as the primary operator of The Open Network and become the blockchain’s largest validator. Toncoin surged more than 23% in 24 hours to a four-month high, with trading volume jumping 324% to $309 million. The move marks the most significant governance change for TON since Telegram abandoned the project in 2020 after settling with the SEC o…
Telegram's takeover of TON network sends Toncoin price up 18%
Toncoin has recorded a sharp move higher, rising 18.4% in the past 24 hours to $2.151, after a wave of structural changes linked to Telegram’s deeper involvement in the TON blockchain.Over the past week, TON has gained 61.4%, and over the last month it has climbed nearly 69.4%, marking one of its strongest short-term rallies in recent months.However, despite this momentum, the token is still down 29.3% over the past year, showing that the curren…
Toncoin Surges 35% as Pavel Durov’s Telegram Takes Over as Largest Validator and Slashes Fees – CryptoGazette
Toncoin posted one of the most dramatic single-week moves in the altcoin space in May 2026, surging approximately 35% on the back of a major announcement from Telegram. Pavel Durov confirmed that Telegram would step into the role of TON blockchain’s largest validator — backing up the commitment with a $2.88 million stake and a sixfold reduction in network fees. The move represents a decisive escalation in Telegram’s relationship with the blockch…
The announcement of Pavel Durov revives the attention around TON. According to the founder of Telegram, the messaging will take a more direct role in the network. In the meantime, Toncoin has made considerable progress, while several details remain unclear about the TON Foundation, the validation of the network and the future technical organization. L-article Durov announces that Telegram becomes the biggest validator of TON has appeared first o…
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