Telegram has fully integrated the TON blockchain, making Toncoin ($TON) its native currency. This enables over 1 billion users to utilize TON for payments, suggested posts (with a 15% Telegram fee), channel tips, crowdfunding, and ad placements directly within the app, creating new monetization avenues.

Despite the platform upgrade, TON’s price fell 5% to $2.78 after facing resistance at $3.15. On-chain data shows strong adoption, however, with active addresses rising 22.29% weekly and total addresses surpassing 123.8 million.

Technical indicators present mixed signals: the RSI is neutral, while the MACD hints at bullish potential. Holding the $2.80 support is critical for a potential rebound towards $3.02 and higher. Trading volume surged 27% to $171 million, primarily reflecting selling pressure.

source: Bankless Times

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