Toncoin Extends Rally as Telegram Launches Integrated TON Wallet for 87M U.S. Users
#Toncoin (TON) surged after Telegram rolled out its TON Wallet to 87 million U.S. users, enabling seamless crypto transfers, staking, and token swaps within the app. Built on the TON blockchain by The Open Platform, the wallet uses a split-key recovery model for easy onboarding, eliminating seed phrases. It supports zero-fee purchases, debit card on/off-ramps, and Web3 apps via Telegram’s Mini Apps. $TON
trades at $3.4121, up 3% daily, 12.2% weekly, and 25.6% monthly, per CoinDesk. Technicals show a 10.15% intraday rally on July 22, breaking $3.34 resistance, with a late 2.54% pullback signaling short-term consolidation in a bullish trend. Favorable U.S. regulations and Telegram’s crypto-savvy audience drive adoption.