Toncoin TON Surges as Telegram Launches Native Wallet for 87M U.S. Users
Telegram has launched its native TON Wallet to 87 million U.S. users, integrating cryptocurrency functionality directly into the messaging platform. The self-custodial wallet, developed by The Open Network (TON), replaces traditional seed phrases with a split-key recovery system linked to Telegram accounts and email.
Toncoin (TON) jumped 3% to $3.41 on the news, extending its weekly gain to 12.2% and monthly performance to 25.6%. Technical analysis shows the token broke through key resistance at $3.34 with strong volume before entering consolidation.
This integration represents a major leap for mainstream crypto adoption, enabling seamless stablecoin transfers and token swaps within Telegram's interface. The wallet supports staking, decentralized app connectivity via Mini Apps, and zero-fee purchases—positioning Telegram as a potential gateway for millions into Web3 ecosystems.