$TON

This series of measures by Telegram will undoubtedly have an impact on the TON protocol behind it. Telegram founder Durov emphasized that the original intention of the search function was to help users find friends and information, rather than to facilitate illegal transactions. Although this decision may sacrifice Telegram's principle of freedom of speech to a certain extent, Durov believes that this is a necessary move to maintain the healthy ecology of the platform.

After a period of waiting and watching, Durov finally showed a serious attitude towards this issue. After talks with French authorities, he promised to fully optimize the user experience of Telegram.

As of now, the trading price of TON has stabilized at around $5.62. It has slightly pulled back in the past 24 hours (down 1.04%), but it still achieved a 2.57% increase this week. Although the current regulatory obstacles have not yet caused a direct impact on prices, their potential impact cannot be ignored. If Telegram's response measures are inappropriate, TON may face long-term adverse effects. Of course, some investors believe that these "public and private transparent anti-crime measures" are not a big deal, and expect that TON prices will rebound after Telegram's pressure is relieved.

In summary, Telegram's efforts to balance user privacy and security are crucial to its future development. Although these measures help reduce illegal activities, they may also cause users to worry about privacy protection. TON investors and users need to pay close attention to this development to assess its impact on the value and user experience of cryptocurrencies.

It is worth noting that despite the complex and changing external environment, Toncoin still shows a certain degree of resilience. However, market data also reveals some danger signals: the funding rate turned negative, the net flow of large holders dropped sharply, etc., all pointing to a potential bearish trend. If these signals continue to strengthen, TON prices may face short-term downward pressure. At the same time, from a technical analysis point of view, TON encountered strong resistance when it hit the $6 mark. If it fails to break through effectively, it may fall further to $5.21 or even lower. On the contrary, if the resistance level is successfully broken, it is expected to start a new round of rising market.