Blockchain Platform TON Surges by 12% in Partnership with Telegram: Experts Discuss Implications

The blockchain platform The Open Network (TON) has been experiencing significant growth in recent days, thanks to its collaboration with the popular messenger app Telegram.

According to cryptocurrency exchanges, the value of TON tokens has surged by more than 12% after Telegram confirmed its integration with the blockchain in its application. This is expected to make it easy for Telegram’s 215 million users worldwide to use cryptocurrency and decentralized applications based on TON.

According to the latest data, the Toncoin token has shown impressive growth dynamics. Over the past 24 hours, its value has increased by 13.55%, reaching $1.92 per token. This has allowed Toncoin to claim the top position among the ten largest cryptocurrencies in terms of daily value growth. This price jump is a continuation of a positive weekly trend, with the token gaining 9.99% in value over the past week.

What the experts say:

Experts believe that the partnership between Telegram and TON is mutually beneficial. On one hand, it allows Telegram to expand the functionality of its messenger and attract new users to the crypto community. On the other hand, TON gains access to a massive audience and can more quickly distribute its services. Additionally, there are plans to launch an NFT marketplace and a decentralized exchange on the TON platform.

The rise in the TON token’s value in response to this news reflects the positive reaction of investors who believe in the success of the TON and Telegram partnership. It is expected that as their joint plans are implemented, the cryptocurrency’s value will continue to rise.