Telegram Wallet recently announced that the TON network is back up and running after experiencing a second outage that halted blockchain transactions. The network faced significant stress due to high transaction volumes from DOGS, causing a nearly four-hour interruption. As a result, exchanges such as Bybit temporarily suspended deposits and withdrawals via the TON network.
The TON Foundation developer tweeted that the network overload caused by DOGS transactions led to the outage. After the first disruption, the network encountered a second outage a few hours later, prompting Telegram Wallet to announce a pause in TON blockchain transactions.
**TON Network Fully Operational Again**
After nearly five hours of downtime, Telegram announced that the TON network is now fully operational. The update noted that "TON-based asset withdrawals and deposits in Wallet will be credited in due course."
Despite a broader decline in the crypto market, Toncoin is showing positive momentum. Although Pavel Durov’s arrest initially caused TON’s price to fall, it is gradually recovering. After dropping to $5.15 during the first outage, TON has risen above $5.60 following the second outage. CoinGecko reports a 7% increase in the last 24 hours.
Toncoin reached an all-time high of $8.25 in June, driven by the growing popularity of Notcoin, Hamster Kombat, and DOGS. TON Foundation developer Justin commented that "Chain being stress tested just means there’s that much activity on it. Onwards and upwards."
