Toncoin doubles to $2.89 as Telegram takes control, promising major blockchain integration with 950M users.

Toncoin surged from $1.30 to $2.89 in May 2026 after Telegram CEO Pavel Durov announced Telegram would replace the TON Foundation as the main validator and driving force behind The Open Network. This move formally integrates Telegram's 950 million monthly active users with the TON blockchain, boosting user adoption potential and technical development. Key upgrades like Catchain 2.0 and upcoming launches such as TON Pay 2.0 and TON Teleport support faster, cheaper transactions and ecosystem growth. Future price gains depend on successful execution of the MTONGA roadmap, user adoption, and regulatory clarity, with scenarios ranging from $0.80 to $18 by 2030.