TON Surges Above $2.7, Telegram Founder's Call Leads to Over 100% Price Increase

BlockBeats News, May 7th, according to HTX market data, TON has surged above $2.70, currently trading at $2.73, with a 24-hour gain of 33.12%. Reportedly, just 3 days ago, Telegram founder Pavel Durov called for a long position when the price was already up over 100%.

On May 4th, Telegram founder Pavel Durov announced on his personal channel that TON transaction fees have decreased by 6-fold, nearly to zero. Next, Telegram will replace the TON Foundation as the driving force behind TON and become its largest validator. TON's focus will shift to technical superiority, featuring a brand-new ton.org, new development tools, and enhanced performance. The timeline for these updates is estimated to take around 2 to 3 weeks, marking the 3rd step of the "Make TON Great Again" 7-step plan.