1 month ago
22
Key Takeaways:
- TON at $1.888, up 37% on May 5.
- Telegram replaces Swiss-based TON Foundation as primary operator.
- Telegram becomes largest validator: staking 2.2M TON.
- Transaction fees cut sixfold to 0.00039 TON per transaction.
- Block production: 400ms after Catchain 2.0 upgrade April 9.
- RSI: 75.68, overbought on 1H chart.
- Spot volume: Heating classification on May 5 per CryptoQuant.
- Returns to Telegram’s original 2018 blockchain vision.
This Is Not a Leadership Change
Toncoin traded in a flat range between $1.30 and $1.35 for five consecutive days before May 5. In approximately 24 hours following Pavel Durov’s announcement, price moved from $1.35 to a session high of $1.895, a 40% move on a single catalyst. At the time of writing TON trades at $1.888.
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