TON Token Soars 20% as Telegram’s Pavel Durov Regains Passport from French Authorities

Toncoin (TON), the native token of The Open Network (TON), surged by over 20% in the last 24 hours, climbing above $3.45 after Telegram founder Pavel Durov successfully recovered his passport from French authorities. The development has been widely celebrated in the crypto community, as it removes potential barriers to Durov’s international mobility and signifies the resolution of a legal matter that had raised concerns about privacy and personal freedom.

Durov, a staunch advocate of digital privacy and free speech, co-founded Telegram, which now boasts nearly a billion users worldwide. Given Telegram’s deep ties to the TON ecosystem, any news surrounding its leadership often has a direct impact on the token’s market performance. Investors and supporters of the project have viewed this event as a positive signal, reinforcing confidence in the platform’s long-term vision.

The TON Foundation, which actively supports the development and expansion of the network, took to social media to express its support for Durov, praising his commitment to decentralization and online freedom. Many in the crypto space believe that his regained mobility could pave the way for increased global outreach and potential new partnerships for TON, further strengthening its role within the broader blockchain ecosystem.

Market analysts have pointed out that the sharp increase in TON’s value underscores the significant influence Telegram and its leadership hold over the project. As Durov resumes his international engagements without restrictions, speculation is growing around possible future integrations between Telegram and the TON blockchain, which could drive further adoption and utility for the token. While short-term price volatility remains a possibility, the long-term outlook for TON appears more promising than ever, with its rising adoption and strengthening ties to one of the world’s largest messaging platforms.