Toncoin (TON) Jumps 24% on Telegram’s xAI Deal - Price Hits $3.60
Toncoin (TON) surged 24% to $3.60 after Telegram founder Pavel Durov announced a strategic partnership with xAI. The agreement provides Telegram users with in-app access to Grok AI, while the TON ecosystem secures $300 million in combined cash and equity investment, plus revenue sharing from xAI subscriptions.
Despite a failed breakout from a symmetrical triangle pattern, some technical analysts remain bullish. A close above $4.21 in Q2 could pave the way for $6.80 by Q3 2025, according to one prominent chartist. This partnership strengthens Telegram-affiliated blockchain TON’s position in the competitive messaging-crypto integration space.