Toncoin price jumps 7% after Telegram cuts transaction fees and plans major network upgrades

Toncoin's price surged over 7% following Telegram CEO Pavel Durov's announcement of major network upgrades, including a sixfold reduction in transaction fees nearly to zero. This makes the TON blockchain more efficient and attractive for users and developers, boosting market optimism. Telegram plans to take a central role in the TON ecosystem, potentially acting as a major validator, which could strengthen user trust. Upcoming improvements include a redesigned website and enhanced developer tools, expected within weeks, supporting Toncoin's growth and trading activity.