From Investing.com: 2024-04-30 05:50:55

The TON coin has surged in value due to its integration with Telegram, reaching $7.63 on April 11. TON tokens can now be issued on the blockchain for Telegram users, part of the broader interest in “super apps” like China’s WeChat. Regulators and challenges persist in bringing crypto payments to messaging apps, as seen with Facebook’s failed Libra project. The TON project was created by Telegram in 2018 but faced SEC charges, leading to its development being continued by a group of unrelated developers.

Read more at Investing.com: TON takes off on Telegram tie-up By Reuters