As of March 15, 2025, Toncoin (TON) experienced a significant surge, with its price increasing over 20% to surpass $3.45, bringing its market capitalization to approximately $8.14 billion.
This surge is largely attributed to the recent release of Telegram founder Pavel Durov from French custody, where he had been detained since August 2024 on charges related to alleged illegal activities facilitated through Telegram.
Telegram's deeper integration with the TON blockchain, enhancing the platform's Web3 ecosystem and making digital ownership accessible to billions of users.
These developments have contributed to a renewed interest in Toncoin, analysts suggesting a potential rise toward the $5-6 range in the coming months.