Toncoin (TON) surged by approximately 10% after Telegram launched its self-custodial wallet in the U.S. The price increased from 1.45 USD to around 1.63 USD, reflecting growing market interest and potential for further gains.
Despite the price boost, the total value locked in the network’s DeFi is about 85 million USD, suggesting limited new capital influx. However, strong stablecoin supply of 960 million USD indicates active user engagement.
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