Pavel Durov Says Telegram Now ‘Driving Force,’ ‘Largest Validator’ Of The Open Network—Toncoin Jumps 23%

Toncoin (CRYPTO: TON) surged on Monday after Telegram founder Pavel Durov said the messaging giant will become the “driving force” behind The Open Network blockchain.

Telegram To Lead TON

TON, the native token of The Open Network, surged over 23% in the last 24 hours to a 4-month high, with trading volume skyrocketing 623%.

The spike came after Durov announced that Telegram would replace the Swiss-based nonprofit TON Foundation as the main driving force behind the open-source TON network.

Glory Days Ahead For Telegram, TON?

Durov added …

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