Toncoin

Million

Foundation

The price of Toncoin (TON) has surged recently, up 12.14% in the last 24 hours to $1.93. This pump comes as Telegram has finally endorsed the project, over two years after abandoning it due to regulatory issues in the US back in 2020. 
The U.S. Securities and Exchange Commission (SEC) had accused Telegram of selling unregistered securities with their Telegram Open Network (TON) project, similar to the case against Ripple and <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a>. Thankfully, community members picked up the project after Telegram withdrew and formed the TON Foundation in 2021. 
<figure class="wp-block-image size-large"> 
 <img decoding="async" loading="lazy" width="1024" height="699" src="https://captainaltcoin.com/wp-content/uploads/2023/09/image-218-1024x699.png" alt="" class="wp-image-334222" srcset="https://captainaltcoin.com/wp-content/uploads/2023/09/image-218-1024x699.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-218-300x205.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-218-768x524.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-218.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-218-2048x1397.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-218-220x150.png 220w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-218-100x68.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-218-513x350.png 513w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-218-788x537.png 788w" sizes="(max-width: 1024px) 100vw, 1024px"> 
</figure> 
Source: <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="CoinStats" href="https://captainaltcoin.com/go/coinstats-3/" data-shortcode="true">CoinStats – Start using it today</a> 
It seems Telegram now has the confidence to endorse TON again, likely emboldened by Ripple’s win against the SEC. Major news came out of TOKEN2049 conference, where TON-based Wallet announced integration with Telegram for its 800 million users. This represents the largest Web3 onboarding event ever. 
The TON Foundation and Telegram also announced an official partnership at TOKEN2049. Key points of cooperation include: 
<ul> 
 <li>Wallet will have direct menu access for Telegram’s 800 million users, except those in the USA. Full rollout begins in November.</li> 
 <li>Telegram will provide priority advertising access to its platform for TON projects and partners.</li> 
 <li>By 2028, TON plans to reach 30% of all Telegram users.</li> 
</ul> 
“By integrating Wallet into Telegram, we put an end to the problems associated with entering the system and opened access to cryptocurrencies for all Telegram users,” said Andrey Rogozov, CEO of TON Labs. 
With this major mainstream adoption news, it’s no surprise to see the price of TON pumping. TON now has a market cap of $6.6 billion, putting it within the top 30 cryptocurrencies. As more Telegram users gain access to TON and TON-based apps, we can expect further growth ahead. 
The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/biggest-web3-onboarding-ever-telegram-to-unleash-ton-on-800-million-users/">“Biggest Web3 Onboarding Ever” – Telegram To Unleash TON On 800 Million Users</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.

“Biggest Web3 Onboarding Ever” – Telegram To Unleash TON On 800 Million Users

CaptainAltcoin

发布于 2023年9月13日的其他文章

Talos partners with Deribit to launch crypto options trading

FTX Holds $560,000,000 in Bitcoin and $1,162,000,000 in Solana, Court Documents Reveal

Binance US CEO leaves as company lays off third of its staff

SEC charges Stoner Cats NFT creator with unregistered securities offer

Lazarus Group reportedly behind the $54m CoinEx hack

Ripple vs. SEC: Pro-XRP Lawyer Is Confident That the Judge Will Deny the Interlocutory Appeal

订阅我们免费的电子期刊，获取每日最新加密领域动态！