Toncoin Surges as Telegram Takes Direct Control of TON Network

Toncoin (TON) rallied roughly 33% to an intraday high of $1.90 after Telegram founder Pavel Durov said the messaging app will replace the TON Foundation as the driving force behind The Open Network and become its largest validator. The token last changed hands at $1.80, up about 26% on the day,... Read the full story at The Defiant