The value of TON has surged greater than 20% over the past 24 hours to now commerce above $3.45 and have a $8.14 billion market capitalization after French authorities returned Telegram founder Pavel Durov’s passport.
The transfer restores Durov’s capability to journey freely and marks the tip of a state of affairs that had drawn issues from privateness and free speech advocates. Durov, who co-founded Telegram, a messaging platform with practically a billion customers, has lengthy been an outspoken advocate for privateness and safe communication.
Learn extra: TON Down 14% as Telegram CEO Pavel Durov Arrested in France
The TON Basis, which helps the Telegram Open Community (TON), celebrated the second on social media. “As a part of the decentralized TON group, we’ve got stood in solidarity with Pavel, supporting his unwavering dedication to defending the best to free speech and privateness on-line.“
TON has additionally benefited from new options launched to the Pockets app on Telegram, which embrace a number of property, a yield program, an up to date consumer interface, and extra.
Learn extra: Telegram’s Pivot to TON Funds for Advertisements Boosts Toncoin
