$TON Toncoin (TON) has recently experienced a significant rally, surging approximately 18% in the past 24 hours. This uptick coincides with the release of Telegram founder Pavel Durov from France, where he had been detained since August 2024.  Following Durov’s arrest, TON’s price plummeted over 35%, dropping from around $6.88 to $4.44. However, his recent release has rejuvenated investor confidence, propelling the token’s value upward. Currently, TON is trading at approximately $3.46, with a 24-hour trading volume exceeding $376 million.  Technical analysis indicates that TON has found robust support near the $2.68 mark, leading to a bullish reversal. Despite this positive momentum, it’s noteworthy that a significant portion of TON holders remain at a loss, underscoring the token’s inherent volatility.