Telcoin’s TEL price up 24%: why is the altcoin rising?

Telcoin (TEL) has seen an impressive 24% surge in price over the past 24 hours, raising eyebrows across the crypto market and capturing the attention of traders worldwide.

The token, which currently ranks at position 182 by market capitalisation, is now priced at $0.004253, showing clear signs of renewed momentum.

As the broader market remains cautious, Telcoin’s upward price movement suggests growing investor confidence and fresh catalysts driving demand for the altcoin.

This sudden rally is not only surprising but also reflects a deeper alignment of regulatory developments, strategic partnerships, and expanding utility, especially in emerging markets.

Regulatory clarity has given Telcoin a boost

One of the key drivers behind TEL’s recent rise appears to be growing optimism around US stablecoin regulation, particularly following the Senate approval of the GENIUS Act on June 17.

This development is widely seen as a pivotal step toward a regulatory framework that could support the widespread adoption of compliant and interoperable stablecoins.

Telcoin was quick to position itself as a beneficiary of this shift, stating in a June 18 tweet that “compliance, interoperability, and utility will ultimately separate the winners from the rest.”

At the start of the year, Telcoin received a Digital Asset Depository Bank Charter approval by the Nebraska Department of Banking and Finance, becoming the first US Digital Asset Depository Bank.

The company also reinforced its unique approach by emphasising its commitment to delivering next-generation financial services using Digital Cash stablecoin, a message that resonated with the market.

With many investors now evaluating which projects are best positioned to thrive under stricter oversight, Telcoin’s readiness has likely contributed to the current buying pressure.

Telcoin’s strong presence in Africa fuels optimism

While regulation is one side of the story, Telcoin’s increasing activity on the African continent, particularly in Kenya, has also drawn attention.

Over the past week, Telcoin participated in the KBCC2025 event in Nairobi, where it showcased its plans for Digital Cash-powered remittances and merchant payments.

The company highlighted its growing role in driving blockchain adoption in the region, with Telcoin EVP J.T. Quigley discussing Web3 transformation opportunities alongside local industry leaders.

This renewed focus on utility and regional expansion has strengthened Telcoin’s narrative as more than just a speculative asset, which may explain the influx of investor interest.

Moreover, Kenya’s vibrant fintech scene and openness to mobile money innovation provide fertile ground for Telcoin’s technology to scale rapidly.

As such, the increased visibility and activity in Africa likely helped reinforce TEL’s short-term appeal among traders seeking real-world crypto use cases.

A clear alternative to CBDCs gains traction

Another narrative supporting TEL’s rally stems from its vocal opposition to central bank digital currencies (CBDCs), a stance recently reiterated by CEO Paul Neuner.

Speaking at the DIGITAL BANKING 2025 conference, Neuner made the case for bank-issued Digital Cash models, which he argued offer a more freedom-aligned path than government-controlled CBDCs.

This position sets Telcoin apart as a project focused on privacy and decentralisation while remaining compliant with modern financial norms.

As public debates around digital sovereignty continue, Telcoin’s clear and timely messaging may be attracting like-minded investors.

Combined with its technological roadmap and alignment with the values of a decentralised financial future, Telcoin’s narrative appears increasingly compelling.

Technical strength and investor sentiment is boosting the momentum

Telcoin’s technicals also suggest growing momentum, with the price bouncing off a weekly low of $0.00322 to test resistance levels near $0.0044.

The trading volume over the last 24 hours stands at more than $6.2 million, a significant jump that signals strong market engagement.

Its circulating supply of over 91.8 billion TEL and a total supply capped at 100 billion suggest limited inflationary risk, which can be attractive in bullish cycles.

Furthermore, with a 78.4% increase over the past year, TEL’s long-term performance has added credibility to its current rally.

Although the token remains over 93% below its all-time high from May 2021, the recent surge hints at a potential shift in market dynamics.

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