Pavel Durov, the founder of Telegram, faced legal challenges in France in August 2024. His departure from France led to a rise in Toncoin's market value and reignited discussions about decentralized communications.
Legal Challenges and Pavel Durov's Release
In August 2024, French authorities accused Pavel Durov of running a platform that allegedly enabled illegal activities. His arrest sparked global concerns over freedom of speech and digital privacy. Despite the pressure, Durov remained committed to his principles. On March 15, 2025, he was granted permission to leave the country and traveled to Dubai. The TON Society hailed this event as a victory for freedom of speech and privacy rights, having actively supported Durov throughout his detention.
Market Reaction and Toncoin Performance
The cryptocurrency market quickly reacted to Pavel Durov's return. Toncoin, the digital asset associated with The Open Network (TON), saw a significant price increase. Within 24 hours, the price surged over 10%, reaching approximately $3.45. Over the course of a week, Toncoin gained more than 18%, reflecting renewed investor confidence.
Toncoin's Future and Community Response
With Durov free, attention has turned to Toncoin's future. Analysts predict continued growth, driven by increasing adoption and improvements to the TON ecosystem. Some forecasts suggest Toncoin's price could reach $9.64 by the end of 2025. Technical indicators such as RSI and MACD are also showing bullish signals.
Pavel Durov's release from France marks a turning point for the cryptocurrency industry and freedom of speech. His departure has fueled optimism and a rise in Toncoin's price, while reigniting interest in The Open Network.