Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Toncoin surges 36% as Telegram cuts fees 6× and becomes largest validator, but liquidity remains thin.

Protocol Fundamentals
30 May 2026
Crypto Daily
View Source
Neutral
pluang ai news

Toncoin rallied about 36% after Telegram announced a 6× fee reduction and plans to become TON's largest validator by staking 2.2 million TON. This move aims to boost network usage by lowering transaction costs and integrating TON more closely with Telegram's ecosystem. However, liquidity on-chain remains low, with total value locked around $70 million and daily DEX volume about $4.5 million, raising concerns about market depth and governance concentration. Sustainable growth depends on expanding tradable supply, improving stablecoin support, and managing risks from Telegram's validator dominance.

More News (TON)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App