Toncoin price jumps as Telegram takes lead in The Open Network with major upgrades ahead

Toncoin's price surged after Telegram founder Pavel Durov announced Telegram will replace the TON Foundation as the main driver and largest validator of The Open Network. Telegram has staked about 2.2 million TON to support network security and plans to roll out a new website, developer tools, and performance upgrades within weeks. This shift follows recent network improvements like faster block generation and reduced fees to boost micropayments and app activity. Toncoin's price momentum now depends on technical confirmations and upcoming governance votes on inflation, with key resistance near $1.50 and support at $1.35.