Toncoin pumps 30%+ as Telegram takes over the TON blockchain

Rickler Feed (@rickler_feed), May 5, 2026, 10:17 UTC

Toncoin pumps 30%+ as Telegram takes over the TON blockchain Toncoin ripped from $1.35 to $1.82 - a +35% rally in two days after Telegram founder Pavel Durov announced that Telegram will replace the TON Foundation as the primary driving force behind TON and become the network's largest validator. Telegram now leads TON development - direct corporate control replacing the community-run foundation. Telegram becomes the largest validator, staking 2.2M TON ($2.88M) into the consensus layer. Transaction fees cut 6x to ~$0.0005 per transfer, near-zero microtransactions inside Telegram apps. The…

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