- Telegram just launched their very own TON wallet, making cryptocurrency accessible to their gargantuan 800 MILLION user base overnight. Almost a billion people now have a built-in doorstep to the decentralized web
- With rumors of the integration first swirling, TON’s price jumped a whopping 80% in just one month.
- They’ve got a strong tech foundation and a built-in user base larger than some countries.
As promised last year, the highly anticipated Telegram integration with the TON blockchain has finally come to fruition. In a Twitter thread, the TON Foundation announced it had partnered with the popular messaging platform Telegram to launch the TON wallet, making it instantly accessible to Telegram’s gargantuan 800 million user base.
A watershed moment for mass adoption
This move allows everyday Telegram users to easily store, send, and receive the TON cryptocurrency directly within the well-known messaging interface. It’s hard to overstate the enormity of this event – overnight hundreds of millions of people now have a gateway to the decentralized web. As the TON Foundation described it, this could be “the greatest #Web3 mass adoption” the industry has seen to date.
TON price surges in response
The market seems to agree with this assessment, as the TON price exploded upwards in response. In just the past month since rumors of the integration first emerged, TON has gained over +80% against the dollar according to data from CoinCodex. This massive surge has sent TON rocketing up the rankings, and at this rate, it may soon breach the list of the top 10 largest cryptocurrencies by market cap.
As reported in this outlet, news of the actual wallet launch prompted an even sharper 13% price spike. It’s clear that traders understand the game-changing implications of putting TON in the hands of Telegram’s colossal user base.
Building the infrastructure for a new internet
The TON Foundation has ambitious long-term goals to construct the building blocks of Web 3.0 on top of its high-performance blockchain. Services like decentralized storage, anonymous networking tools, and a decentralized DNS system will be key to realizing their vision.
By founding these infrastructure elements directly through Telegram’s platform, TON now has an unmatched launchpad. As their developer tools and third-party dApps come online, tens of millions of newly crypto-curious users will be ready to explore this booming ecosystem.
With a strong tech base and the wind of 800 million sails behind it, TON appears poised to take off as one of the major players shaping the decentralized technologies of tomorrow. The recent price action shows markets are paying close attention to this pivotal project.