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ToggleWith its massive user base of over 900 million active users, Telegram and its ecosystem blockchain TON (The Open Network) are experiencing an unprecedented period of explosive growth.
Telegram founder Pavel Durov posted on his personal channel today (7th) praising the outstanding performance of the TON blockchain in terms of underlying technology. He specifically pointed out that TON is in an absolute leading position in "time to finality" among all Layer 1 (L1) public chains.
In a lightning-fast 0.6-second confirmation, Durov:TON leads the L1 track.
According to data released by Durov, TON's final confirmation time is only about 0.6 seconds . This is not only faster than Avalanche (about 1 second), known for its avalanche protocol, and Binance's BNB Chain (about 1.1 seconds), but also far surpasses traditional crypto giants—Ethereum's final confirmation time is currently about 13 minutes, while Bitcoin's is about 1 hour.
The extremely short final confirmation time means that users can have an almost "instant" and irreversible transaction experience when making transfers or payments on the TON network. This is an indispensable underlying strength for Telegram, which is committed to becoming the world's largest Web3 payment network.
Telegram takes deep control, transaction fees slashed by 1/6
Durov's assertive statement is just one part of the recent frenzy surrounding the TON ecosystem. In fact, since around May 5th, TON's fundamentals and market sentiment have entered a perfect positive cycle.
The biggest catalyst came from Telegram's deep takeover . Pavel Durov announced that Telegram would officially replace the TON Foundation as the network's main enabler and largest validator. This decision signifies an unprecedentedly close integration between Telegram and TON, directly transforming the 900 million community users into tangible demand and liquidity for Web3.
Furthermore, network transaction fees have seen an epic reduction, with overall fees plummeting to one-sixth of their original level, almost approaching "zero fees." This change has significantly boosted adoption by developers and general users, paving the way for explosive growth in the payments, GameFi, and meme coin ecosystems.
The price of the coin surged by more than 30% in a single day, attracting a flood of hot money into the ecosystem.
With the combined support of three positive factors—fundamentals (official Telegram endorsement), technical factors (breakout from consolidation range), and market sentiment (short squeeze)—TON tokens experienced a sharp, retaliatory surge.
Data shows that the price of TON has surged by approximately 25% to 35% in the past 24 hours, currently holding steady between $2.2 and $2.4 (prices may vary slightly depending on the exchange). Its total market capitalization has successfully surpassed the $6 billion mark, surging 80% in the past 7 days and strongly returning to the top 20 of the global cryptocurrency market capitalization rankings. With infrastructure upgrades and the influx of massive traffic, TON is redefining the competitive landscape of the public blockchain sector.
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