Toncoin rises about 36% after Pavel Durov says Telegram will replace the TON Foundation and that fees will be reduced to near zero. Multiple outlets describe the move as a market reassessment of the TON ecosystem, reframing it from being primarily foundation-driven to being more directly tied to Telegram’s role as the central platform. Durov’s comments also include a plan to slash transaction fees, which traders and investors interpret as improving usability and reducing friction for on-chain activity. Following the announcement, not only Toncoin but also TON-based tokens see substantial gains, with meme coins reported to increase by as much as roughly 150%. The coverage indicates that the price move reflects expectations that Telegram’s involvement and lower fees could boost adoption and activity across the TON network. Overall, sources attribute the rally to Telegram’s pledge to restructure the ecosystem governance and materially change the fee environment, prompting rapid repricing in crypto markets.
Toncoin jumps as Telegram-led shift includes replacement of TON Foundation and fee cuts
Toncoin rises about 36% after Pavel Durov says Telegram will replace the TON Foundation and that fees will be reduced to near zero. Multiple outlets describe the move as a market reassessment of the T...
- Toncoin increases by roughly 36% following Pavel Durov’s comments.
- Durov says Telegram will replace the TON Foundation.
- Durov pledges transaction fees will be cut to near zero.
- TON-based tokens, including meme coins, also rise sharply after the announcement.
- Reports link the market move to expectations of increased Telegram-led ecosystem activity.
The market is repricing TON as a Telegram-led ecosystem again, not just a foundation-run chain with a messaging app narrative attached.
3 months agoToncoin has jumped on Pavel Durov's pledge to slash fees to near-zero, with TON meme coins piling on gains of up to 150%.
3 months ago
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