Telegram founder Pavel Durov announced a significant shift in the direction of the $TON ecosystem. According to Durov, Telegram will replace the $TON Foundation, becoming the network's primary routing engine and its largest validator.

As part of this new strategy, Telegram plans to focus more on $TON's technical performance. Accordingly, updates, including a new official network website, developer tools, and performance improvements, will be released over the next 2-3 weeks. This move is aimed at increasing $TON's scalability and improving the user experience. The official Toncoin website is currently in maintenance mode, displaying a message announcing the changes.

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Following these events, Toncoin has risen approximately 7% in a day and is trading at $1.44 at the time of writing. The altcoin's total market capitalization has grown to $3.9 billion. However, $TON remains trading approximately 82% below its all-time high.

Taken from the source: https://cryptonews.net/ru/news/altcoins/32807581/

Telegram founder Pavel Durov's recent announcement: Toncoin (TON) price information!