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<p>The past few days have been a rollercoaster for Toncoin, the native cryptocurrency of the TON Blockchain, and its community. With Telegram CEO Pavel Durov’s unexpected arrest in France, Toncoin has been in the spotlight, facing both price volatility and significant disruptions. Let’s dive into what’s happening, how it’s affecting Toncoin, and what could come next.</p>
<h2 style="text-align: center;" id="toncoin-price-volatility-hits">Toncoin Price Volatility Hits</h2>
<p>Toncoin has seen wild price swings recently. After slipping over the past week, Toncoin entered a rebound mode with a 5% surge. This uptick was driven by community support for Telegram’s founder, Pavel Durov, who was arrested in France under mysterious circumstances. A global petition to free Durov, pushing for free speech, has gained over a million signatures. This show of support gave Toncoin a much-needed boost, although the coin had previously plummeted over 18% due to uncertainty surrounding Durov’s fate.</p>
<p>However, just as Toncoin started to recover, it was hit again by a major outage in the TON Blockchain. This disruption was caused by abnormal network congestion, partly due to the airdrop of a new memecoin called DOGS. Although the TON Foundation assured users that no assets were lost, the outage led to a slight dip in Toncoin’s price. Despite the outage being resolved, the price of Toncoin dipped 1.33% to $5.33, further adding to the community’s anxiety.</p>
<h2 style="text-align: center;" id="uae-puts-pressure-on-france-over-durov-s-detention">UAE Puts Pressure on France Over Durov’s Detention</h2>
<p>The arrest of Pavel Durov has had far-reaching consequences, extending beyond the crypto world. The United Arab Emirates (UAE), where Durov has strong ties, reacted by <a href="https://x.com/search?q=uae%20france&amp;src=typed_query" rel="noopener noreferrer nofollow">suspending</a> a $10 billion order for French fighter jets. This move is widely seen as a direct response to France’s treatment of the Telegram founder, adding a layer of geopolitical tension to the situation.</p>
<p>The UAE has also requested consular support for Durov, signaling their intent to secure his release as soon as possible. This diplomatic standoff has put France in a difficult position, facing both political and economic pressure. For the Toncoin community, these developments introduce further uncertainty, as global politics increasingly influence the coin’s trajectory.</p>
<h2 style="text-align: center;" id="the-blockchain-outage-and-what-it-means">The Blockchain Outage and What It Means</h2>
<p>Toncoin’s recent price troubles weren’t just about Durov. The TON Blockchain itself faced a significant challenge when it stopped producing new blocks for several hours. This outage was caused by abnormal load, likely exacerbated by the DOGS memecoin airdrop. Validators struggled to clean up old transactions, leading to a loss of consensus. The TON Foundation quickly acted, calling on validators to restart the network, and thankfully, block production resumed.</p>
<p>Despite the quick recovery, this incident has shaken confidence in the TON Blockchain. Some investors are now wary of potential future disruptions, and this caution is reflected in Toncoin’s price. The blockchain’s ability to handle stress is crucial, especially as Toncoin is already under pressure from the ongoing Durov saga.</p>
<h2 style="text-align: center;" id="toncoin-faces-selloff-fears-after-blockchain-outage">Toncoin Faces Selloff Fears After Blockchain Outage</h2>
<p>The recent TON blockchain outage has sparked concerns about a potential selloff in Toncoin. The network disruption led to several validators struggling to maintain consensus, causing a brief but noticeable impact on the coin’s price. Although the TON team acted quickly to resolve the issue, the price dip and the resulting liquidations have left investors on edge.</p>
<p>Toncoin’s price has already been under pressure due to the uncertainty surrounding <a href="https://walletinvestor.com/magazinadmin/pavel-durov-arrested-in-france-ton-coin-to-plunge-18/" rel="noopener noreferrer nofollow">Durov’s arres</a>t. With the additional strain from the blockchain outage, the fear of a further price drop is palpable. The Toncoin community is watching closely, hoping for stability in the coming days.</p>
<h2 style="text-align: center;" id="hope-for-toncoin-amidst-uncertainty">Hope for Toncoin Amidst Uncertainty</h2>
<p>Despite the challenges, there is still hope for Toncoin. The blockchain’s quick recovery from the outage and the strong community support suggest that TON could weather the storm. Moreover, speculation about Durov’s potential release by September has fueled optimism among investors. Betting markets are giving him a 71% chance of being freed by the end of the month, which could lead to a significant rally in Toncoin’s price.</p>
<p>In conclusion, Toncoin’s future remains uncertain, tied to the outcome of Durov’s legal battle and the broader geopolitical tensions between France and the UAE. As these events continue to unfold, the next few weeks will be crucial in determining whether Toncoin can rebound or if further volatility is on the horizon.</p>
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Toncoin Faces Potential Selloff Amid Major Blockchain Outage and Recovery

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