The Telegram team will take over the development of The Open Network (TON) from the TON Foundation and become the network’s largest validator, according to the messaging app’s creator, Pavel Durov.
He stated that the next phase of ecosystem growth will focus on “technological superiority.”
In the next two to three weeks, developers will unveil an updated ton.org website, new tools for builders, and blockchain performance improvements. Durov referred to this as the third of seven steps in the Make TON Great Again initiative.
He also announced that network fees have been reduced sixfold and are “approaching zero.” This is the result of the Catchain 2.0 update, which was activated on April 9. The upgrade accelerated block production and increased validator yields.
Following the news, the price of Toncoin rose by more than 25% in a day. According to CoinMarketCap, the asset returned to the top 20 cryptocurrencies by market capitalization, reaching $4.6 billion, surpassing Litecoin and Avalanche.
At the time of writing, the coin is trading around $1.7.
Back in early December 2025, Telegram launched the “decentralized confidential computing network” Cocoon.