#PowellRemarks Toncoin (TON), the native cryptocurrency of The Open Network, has been gaining attention recently due to several key developments and its unique background. Here are some key thoughts and insights about Toncoin:

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🧬 Background

Originally developed by Telegram, TON (The Open Network) was intended to be a high-speed, scalable blockchain platform.

Due to regulatory pressure from the U.S. SEC, Telegram officially stepped away in 2020, but the open-source community revived the project as "The Open Network", now independently maintained.

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🚀 Why It’s Getting Popular

Telegram Integration: Telegram has re-embraced TON unofficially by integrating TON Wallets directly into the Telegram app for its millions of users. This is a huge utility boost.

Fast Transactions & Low Fees: TON uses a unique