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

Zcash Price Consolidation Signals Potential Breakout

Zcash (ZEC) is currently consolidating in a price range that resembles its previous breakout pattern, suggesting a potential upward movement.

user avatarZainab Kamara

Zcash Upgrades Enhance Network Functionality

Recent upgrades to the Zcash network, including NU7 and Ironwood, are expected to improve transaction speeds and security.

user avatarAndrew Smith

Analysts Predict Bullish Trend for Zcash

Analysts are observing a bullish structure forming for Zcash, with potential price targets set between 1,500 and 1,700.

user avatarJacob Williams

OKX and ICE Develop Marketplace for Tokenized Stock Trading

OKX and ICE are developing a marketplace for trading tokenized versions of US-listed stocks around the clock, utilizing stablecoins for transactions.

user avatarAyman Ben Youssef

Bitcoin Price Stabilizes Above 76,000 After Recent Decline

Bitcoin's price has stabilized above 76,000 after a significant drop, but institutional outflows raise concerns about a lasting recovery.

user avatarSon Min-ho

Crypto-Linked Companies Remain Potential Participants in Tokenization Market

Despite traditional corporations rejecting tokenization, several crypto-linked companies remain potential participants in the market.

user avatarTando Nkube

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.