Please enter CoinGecko Free Api Key to get this plugin works.
Please enter CoinGecko Free Api Key to get this plugin works.
HomeCrypto NewsTON Token Surges 20% as Telegram Founder Recovers Passport From French Authorities

TON Token Surges 20% as Telegram Founder Recovers Passport From French Authorities

-

The price of TON has surged more than 20% over the last 24 hours to now trade above $3.45 and have a $8.14 billion market capitalization after French authorities returned Telegram founder Pavel Durov’s passport.

The move restores Durov’s ability to travel freely and marks the end of a situation that had drawn concerns from privacy and free speech advocates. Durov, who co-founded Telegram, a messaging platform with nearly a billion users, has long been an outspoken advocate for privacy and secure communication.

Read more: TON Down 14% as Telegram CEO Pavel Durov Arrested in France

The TON Foundation, which supports the Telegram Open Network (TON), celebrated the moment on social media. “As part of the decentralized TON community, we have stood in solidarity with Pavel, supporting his unwavering dedication to defending the right to free speech and privacy online.“

TON has also benefited from new features introduced to the Wallet app on Telegram, which include multiple assets, a yield program, an updated user interface, and more.

Read more: Telegram’s Pivot to TON Payments for Ads Boosts Toncoin

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

21Shares Announces Liquidation of Two Cryptocurrency ETFs Amid Strategic Product Review

Key Takeaways ETF Liquidation: 21Shares US LLC in collaboration with ARK Investment Management LLC has announced the liquidation of two cryptocurrency ETFs which are the ARK...

AI Crypto Rising: FETCH.AI Next Target Revealed

Fetch.ai crypto coin can be a good pick from the AI crypto coins bunch with the crypto on the verge of a good breakout. In this...

Gold ETFs Inflow Takes Over BTC ETFs Amid Historic Rally

Gold exchange-traded funds (ETFs) have overtaken bitcoin ETFs in assets under management as investors shift toward the traditional safe-haven asset as BTC price tumbled more...

21Shares to Liquidate Active Bitcoin and Ether Futures ETFs Amid Market Downturn

Crypto asset manager 21Shares is set to liquidate two actively managed exchange-traded funds (ETFs) tied to bitcoin and ether futures amid a wider market downturn.The...

Most Popular