In the last 24 hours, the price of TON has surged by over 20%, exceeding $3.45. This remarkable increase in the cryptocurrency market has pushed TON’s market value above $8.14 billion. This surge coincided with the news that Pavel Durov, the founder of Telegram, had his passport returned by French authorities, marking a significant event that has been positively received by both the Telegram ecosystem and its supporters.
Pavel Durov’s Passport Return Sparks Buzz
The return of Pavel Durov’s passport has reverberated throughout the cryptocurrency community. Durov, known for advocating privacy and freedom of expression, has faced pressures from various governments for years.
The TON Foundation stated that Durov’s commitment to privacy and freedom is supported. Telegram has established itself as a decentralized and censorship-resistant communication platform. In this context, Durov regaining his freedom is seen as a vital development for both Telegram users and TON followers.
Telegram Wallet Updated with New Features
The Telegram team continues to enhance user experience by adding new features to the wallet application. The latest update includes multi-asset support, a new yield program, and an updated user interface.
With these new features, users can manage various cryptocurrencies on a single platform, while the yield program allows them to earn passive income from their assets. The user-friendly interface ensures that transfers made via Telegram are easier and more secure.
Industry experts believe these innovations may increase the adoption of TON. Given Telegram’s large user base, the enhancements to the wallet application are expected to drive greater acceptance in the cryptocurrency market. Following these developments, interest in the Telegram wallet has surged among users.
Market analysts indicate that Telegram’s integration into the cryptocurrency world is strengthening. Whether TON’s recent rise is merely speculative will become clearer in the coming days. However, the combination of wallet updates and Durov’s passport return seems to have galvanized investors.
