The TON ecosystem has suffered in the past week, with significant drops in user engagement and increasing selling pressure. The number of new users has dropped by a staggering 95% since the network's July all-time high.

This decision, in partnership with The Open Network (TON) Foundation, limits Mini Apps to the TON blockchain. It has raised concerns about decentralization and exclusivity.

Santiment warns that Shiba Inu's high whale dominance could trigger price drops if major holders decide to sell suddenly.

DefiLlama on-chain data has revealed a dwindle in multiple metrics on The Open Network TON blockchain, raising speculations that the blockchain and some of its decisions are risking its hold in the crypto and blockchain industry.

Tim Delhaes, co-founder and CEO of multi-chain wallet Grindery, argued that Telegram's exclusivity deal with TON Foundation risks alienating developers, which would make TON irrelevant. The newly announced exclusivity deal between the messaging app and TON Foundation mandates that all Telegram Mini Apps with crypto integrations through the TON network.

Telegram requires all third-party crypto wallets to adopt TON Connect and migrate to The Open Network (TON) blockchain by February 21 or face suspension.

Big changes are coming to cryptocurrency wallets on Telegram! With a new exclusive partnership with The Open Network (TON) Foundation, Telegram is taking crypto to the next level. From now on, all third-party crypto wallets on Telegram will need to use TON Connect as their exclusive wallet connection protocol.

TON Connect: what it is and how it works

Farm Frens has postponed its FREN token airdrop, originally scheduled for January, to February.

Telegram now requires third-party crypto wallets to use TON Connect, restricting Mini Apps to the TON blockchain and prompting concerns about decentralization and exclusivity.

The price of Toncoin (TON) fell to $3.38 on February 3. The altcoin is currently in the oversold sector of the market after falling.

Toncoin (TON), has made significant strides as a Layer-1, Ethereum-based altcoin. The token's market presence has been bolstered by notable investments, including backing from Pantera Capital, a prominent hedge fund and venture capital firm.

Steve Yun, founder of the TON-focused $100 million fund, TVM Ventures, is bullish on TON despite the Toncoin market cap dropping by 64% since April 2024.

With this move, TVM Ventures aims to invigorate TON, expanding the ecosystem to achieve the goal of building a financial system capable of supporting 500 million onchain users by 2028.

“[TON] can either pursue the path of reliance on L2s and side-chains or dedicate itself to its own chain," a foundation board member said.

Former TON Foundation President Steve Yun launched the fund to focus on investing in TON-based DeFi and PayFi startups.

Steady hike in the staking TVL in recent months showed that participants have not been withdrawing their assets to use them more actively for trading purposes.

Learn how anyone can earn 5% USDT instantly with BlockDAG's updated affiliate program! Meanwhile, the Toncoin price declines & Shiba Inu partnership stirs speculation.

The Toncoin (TON) market has been facing increased volatility in recent months, especially following the arrest of Pavel Durov in August 2024. The event led to a mass sell-off, with investors parting ways with over 890,000 TON tokens.

Discover why FX Guys' staking and $2.6M presale success make it a top DeFi choice, drawing investors away from Toncoin and Optimism.

The Open Network faces a backlash following its January 21 announcement that requested all Telegram-based mini-apps to exclusively use TON's blockchain infrastructure by February 21, 2025. The changes have forced Farm Frens to delay its FREN airdrop to February after The Open Network and Telegram's “unreasonable deadlines” forced the team to adjust their roadmap.

Telegram has established TON as its exclusive blockchain partner for all cryptocurrency services and Mini Apps

While the broader cryptocurrency market appears to be gradually recovering, Toncoin (TON) has yet to join the upward trend. Over the past week, TON has faced significant challenges, seeing its price dip by 5.4%.

Since Pavel Durov's arrest in August, TON has experienced a significant sell-off in price and tokens, though signs of reversal are now emerging.

Following Pavel Durov's arrest, Toncoin has faced a 30% value decline, yet accumulation trends signal renewed investor confidence.

The altcoin industry has continued to bleed into the Bitcoin market again, as shown by the rising BTC dominance to nearly 60 percent. Toncoin (TON), the native coin for the Telegram-backed top-tier layer one (L1), has been bleeding profusely to Bitcoin for the past six months.

Toncoin's price crashed to a key support level as exchange balances and inflation rose, while its burn rate declined. Tonecoin (TON) fell to $4.80, its lowest level since Nov.

Toncoin, the native cryptocurrency of The Open Network (TON) blockchain, has seen a surge in exchange netflows, catching the attention of the market and prompting discussions about the implications for TON.

Toncoin (TON) is going through a clearly bearish phase with its price struggling to find new demand in the market.

Zodia Custody has integrated the TON blockchain's Jetton token standard, allowing institutions to hold native TON assets like Ston.fi's STON.

Cryptocurrency price analysis brought by Coinidol.com. The price of Toncoin (TON) has been falling as it has lost the critical support of $5.00.

With the Toncoin bulls aiming for a recovery rally, the growing supply hints at a potential trap. So, should you consider buying the recent dip in TON price amid breakout chances?

The TON Core team has unveiled its roadmap for the first half of 2025, outlining ambitious upgrades and new initiatives aimed at strengthening its ecosystem.

The market condition has once again turned bearish, causing most cryptos to witness price drops, and Toncoin (TON) isn't an exception. To be precise, the popular TON coin's value plummeted by over 4% in the last 24 hours, but these altcoins are doing well.

Toncoin (TON), Tron (TRX), and Binance Coin (BNB) are flashing bullish reversal signals, with key technical breakouts ahead.

As Toncoin forms a falling wedge pattern with potential bearish implications, developers unveil an extensive roadmap including Accelerator upgrade and L2 solutions.

Layer-1 crypto project The Open Network (TON) is announcing plans to launch a layer-2 payment chain as a top priority for this year. According to a new blog post on its roadmap, TON Core says a payments-focused L2 is crucial to the ecosystem's success.

The TON Core team released its roadmap for the first half of 2025, detailing a number of new features. These include major quality-of-life upgrades on several core functions and research for future revenue streams.

In a latest update, The Open Network (TON) has revealed its roadmap for the first half 2025 with several key changes to the core chain. The protocol revealed plans to launch a Layer-2 network this year, featuring nine updates to boost its capabilities and position it as a competitor to platforms like Ethereum.

The TON Foundation presented the TON network roadmap, focused on developers and further scaling the network. TON aims for sustainable growth after the end of high-profile airdrops and tapping games.

The Open Network (TON) has unveiled its roadmap for the first half 2025 with several key changes to the core chain. With nine updates, the protocol said it will launch a Layer-2 network this year.

TON plans to launch a layer-2 payment network as part of The Open Network's 2025 roadmap.

The cryptocurrency market was in a somewhat uncertain phase over the past week following the inauguration of Donald Trump as President of the United States. This uncertainty is demonstrated by the diverse performance of various assets in the market.

TON's ecosystem growth and metrics might be key for its price action over the next few weeks.

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Toncoin (TON) has made a notable recovery over the past 24 hours, climbing by 5.26%. This rise comes after the altcoin entered what analysts are calling a “low-risk” zone, signaling potential for a price reversal.

Toncoin's normalized risk has entered a low-risk area, signaling a buying zone.