#TONRally Toncoin (TON) has experienced a significant surge, rising over 50% in the past week. This uptick coincides with reports that Telegram founder Pavel Durov has been granted permission to leave France after months of legal constraints.

The cryptocurrency's open interest also soared by 67%, reaching $169 million, indicating heightened trading activity.

Despite this bullish momentum, analysts advise caution, suggesting that the price surge may be short-lived.

As of today, Toncoin is trading at approximately $3.43, with a 24-hour trading volume of $381 million.