TON on the Rise: Durov’s Passport Return and Wallet Features

user avatar

by Giorgi Kostiuk

2 years ago

Recently, the price of TON saw a significant surge, surpassing $3.45, coinciding with Pavel Durov's passport return. Telegram is also actively updating its wallet features, potentially impacting the market.

Durov's Passport Return

The news that Pavel Durov regained his passport from French authorities has been met with positivity among his supporters. His regained freedom of movement is seen as an important milestone for both Telegram users and TON enthusiasts.

New Wallet Features

Telegram's team is actively enhancing its wallet application, adding multi-asset support, a new yield program, and an updated user interface. These enhancements allow users to earn from their assets and simplify secure transfers through Telegram.

Market Impact

The implementation of new wallet features and Durov's regained mobility have instilled confidence among market participants. The short-term sustainability of TON's price rise will depend on Telegram's further development in the crypto domain.

As Telegram’s integration into the crypto landscape deepens, the sustainability of TON’s recent surge remains to be seen. However, the combination of wallet updates and Durov's expanded opportunities has already had a significant market impact.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Animoca Brands Expands Institutional Business with New Fund Management Authorization

Animoca Brands has received authorization to manage collective investment funds in Abu Dhabi, enhancing its institutional business.

user avatarAndrew Smith

Operational Challenges in Tokenized Asset Settlements Highlighted

Ongoing trials of tokenized assets in Hong Kong reveal significant operational challenges, including the need for consistent collateral and payment processes, as well as complexities in handling redemption requests.

user avatarTando Nkube

T7X Aims to Boost Market Liquidity with Native Digital Securities

T7X aims to revolutionize trading for Reg A and Reg D holdings by introducing native digital securities for secondary market trading, enhancing liquidity for investors.

user avatarZainab Kamara

T7X Introduces Innovative Native Issuance Model for Tokenized Stocks

T7X introduces an innovative native issuance model for tokenized stocks, integrating compliance and ownership verification into the token issuance process.

user avatarJacob Williams

Bitbase Unveils Major Brand Upgrade with New Mascot BENIE

Bitbase announces the launch of Bitbase 20, featuring a new brand identity and mascot, BENIE.

user avatarSon Min-ho

Hong Kong Monetary Authority Announces 24/7 Settlement Support

The Hong Kong Monetary Authority announces that EnsembleTX now supports 24/7 real-value settlement and reports successful trials of tokenized Exchange Fund Bills.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.