TON Surges 11% as Telegram Secures $1.5B, Integrates Grok AI, and Welcomes Visa Veteran

Toncoin (TON) is currently trading at $3.365 on Binance, reflecting an 11.42% increase over the past 24 hours, with strong trading volume and a market capitalization of approximately $8.36 billion, supported by a circulating supply of 2.5 billion tokens. The recent price surge is primarily attributed to several significant developments, including Telegram’s announcement to raise $1.5 billion through a bond issuance with major investors such as BlackRock and Mubadala, the integration of xAI’s Grok AI into the Telegram platform through a $300 million deal, and the appointment of former Visa executive Nikola Plecas as Vice President of Payments at the TON Foundation. These events have driven renewed investor interest and substantial trading activity, resulting in notable price appreciation and heightened market momentum for TON.