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TON Network upgrades boost speed 10x, cut fees 6x, and triple staking rewards in April

Market News
05 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

TON Strategy Company announced that The Open Network (TON) deployed its Catchain 2.0 upgrade, which reduced block times from 2.5 seconds to 400 milliseconds and increased transaction throughput by 10 times. This upgrade also cut transaction finality times from 10 seconds to 1 second, enabling faster real-time applications across various sectors. Additionally, transaction fees were lowered by about 6 times to $0.0005 per transaction to encourage higher volume, supported by TON Strategy's governance participation. As a result, TON Strategy saw its gross staking rewards increase more than 3.5 times in April compared to March. The company continues to focus on staking and infrastructure to support network growth and long-term value for investors.

More News

TripAdvisor sells TheFork to American Express for $700M, boosting capital return plans.

TripAdvisor sells TheFork to American Express for $700M, boosting capital return plans.

TripAdvisor has agreed to sell its European restaurant reservation platform, TheFork, to American Express for $700 million in cash. TheFork generated $232 million in revenue and $28 million in adjusted EBITDA in the past year. This sale supports Trip...

Company Fundamentals
Bullish
2 hours ago
Smart Clerk hits 6,000 users with AI bookkeeping, expands bank integrations for smoother tax prep

Smart Clerk hits 6,000 users with AI bookkeeping, expands bank integrations for smoother tax prep

Smart Clerk, an AI-powered bookkeeping platform, has surpassed 6,000 small business users who rely on its tools to simplify bookkeeping and generate tax-ready reports. The platform recently enhanced its connectivity by integrating with financial data...

Others
Bullish
3 hours ago
Sulfuric acid market to reach $49.94B by 2030, driven by metal processing and automotive sectors.

Sulfuric acid market to reach $49.94B by 2030, driven by metal processing and automotive sectors.

The sulfuric acid market is projected to grow from $41.23 billion in 2025 to $49.94 billion by 2030 at a CAGR of 3.9%. Growth is driven by rising demand in metal processing, especially for base metals used in construction, electronics, and renewable ...

Market News
Bullish
3 hours ago
SpaceX stock jumps past two analyst targets, nearing $170 on strong post-IPO momentum.

SpaceX stock jumps past two analyst targets, nearing $170 on strong post-IPO momentum.

SpaceX shares have surged above $170 shortly after its IPO, surpassing two of three early analyst price targets. Initial targets ranged from $165 to $190, with the stock closing near $161 on the first day and rising to around $170 by the second day. ...

Market News
Bullish
3 hours ago
Tesla's Full Self-Driving safety claims in Europe questioned for inflated data.

Tesla's Full Self-Driving safety claims in Europe questioned for inflated data.

Tesla has been accused of presenting misleading safety data to European regulators to gain approval for its Full Self-Driving (FSD) system. Independent researchers and Reuters found that Tesla exaggerated its safety claims by using unrealistic assump...

Market News
Bearish
3 hours ago
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