- Toncoin Rises 20% after Pavel Durov’s release from legal restrictions.
- Investor Confidence Soars, driving a surge in TON’s value.
- Dubai Move Sparks Optimism for future growth and adoption.
Toncoin’s Price Rises on the News
The price of Toncoin (TON) has risen more than 6% after Telegram founder Pavel Durov’s release from France. He had been stuck since his August 2024 arrest. The market reacted well to the news, with TON rising around 18% in the last 24 hours. And more than 13% in the last week, according to CoinMarketCap.
Durov’s legal problems started on August 24, 2024. When he was accused of operating a platform that allegedly enabled illegal activities by French authorities. Toncoin fell by over 35% following his arrest from the region of $6.88 to $4.44 in September 2024.
The cryptocurrency then recovered and hit an all-time high of $7.20 on December 4, 2024. Amidst a general crypto market surge caused by President Donald Trump’s re-election. It dropped, nonetheless, 67% in the post-elections to a nadir of $2.36 on March 11, 2025.
The case
The TON Foundation has now assured Durov’s ability to depart France, and investors are given a badly needed glimmer of hope. His relocation to Dubai, a reputable center of tech and blockchain innovation, is said to bring fresh avenues to the TON ecosystem. This has been met with cheer in the crypto space as a victory for freedom of speech and decentralization.
Toncoin’s recent price surge is a reflection of sensitivity in the crypto landscape to news on regulation. With Durov removed from Russia and now in Dubai, TON’s and its adoption potential are viewed with great hope by investors.
Although there is still uncertainty over the case outcome, price action today indicates increasing optimism for the long-term fate of the project. With arguments between online security and free speech ongoing, Toncoin’s activity will be watched closely by traders and regulators.
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