$TON TON (The Open Network) is a decentralized blockchain platform developed by the team of Telegram founder Pavel Durov. Initially based on the TON blockchain, it aims to provide more efficient payment, smart contract, and decentralized application (dApps) services. TON addresses the scalability and efficiency issues of traditional blockchains through its unique multi-layer architecture and high-speed transaction capabilities. Its native token, TON coin, is used for paying transaction fees, participating in network governance, and more. Although Telegram was unable to directly launch TON due to regulatory issues, the community and developers continue to drive the evolution of the project, gradually developing it into a powerful blockchain ecosystem.