- Increase in TON price: On May 28, Toncoin reached $3.69, setting a new high since early April. However, a correction occurred, and on May 29, the price was $3.33.
- Partnership between Telegram and Elon Musk's xAI: Telegram will receive $300 million in investments and the right to half of the revenue from the Grok chat-bot subscriptions, which will be integrated into the messenger.
- Interest from institutional investors: Telegram issued bonds worth $1.5 billion, which may increase demand for TON.
- Dispute over the Telegram and xAI deal: Elon Musk denied the information about signing the agreement, which led to a sharp decline in the TON price after the initial rise.
Toncoin remains in the spotlight due to its close connection with Telegram and new technological initiatives.