According to Telegram founder Pavel Durov, Toncoin rallied 36% over 24 hours after Telegram announced it would assume direct operational control of The Open Network (TON), replacing the TON Foundation. The token climbed to approximately $1.86, marking its highest level in four months. The announcement included a dramatic reduction in transaction fees, with costs falling roughly sixfold to approximately $0.0005 per transfer. Durov stated that Telegram would become the network’s largest validator and oversee developer tools and infrastructure upgrades in the coming weeks. The ecosystem rally extended to other Telegram-linked assets, with Notcoin gaining approximately 26% and Dogs token surging more than 100%.
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