Telegram Replaces TON Foundation as TON's Largest Validator, Token Surges

Telegram founder Pavel Durov announced that the company is taking direct control of The Open Network. They’re replacing the TON Foundation and stepping in as the largest validator.

Fees have been slashed significantly, with some transactions now costing almost nothing. On the back of that, Toncoin rose more than 30% in the last day.

Trading interest has clearly picked up. I’ve seen decent volume coming through on platforms like Bitget for TON pairs since the news broke.

This move gives Telegram more direct say over how the chain develops and upgrades. The team is planning better tools for developers and performance improvements in the coming weeks.

It’s a noticeable shift from the old foundation model. Some people think it will make TON more practical for everyday use inside Telegram, while others are wondering how much control one company should have over what was meant to be a more independent network.

What do you think about Telegram stepping in like this?