CryptoWorld News: Telegram founder Pavel Durov announced on May 4, 2026, that Telegram will replace the TON Foundation to become the main force and largest validator of the open network, expected to reduce network fees and strengthen the technical roadmap. He stated that TON's fees have decreased sixfold, almost to zero, and new website, developer tools, and performance upgrades will be launched within 2-3 weeks. Following Durov's comments, TON's price rose from about $1.35 to nearly $1.80, making it one of the top 25 cryptocurrencies. The current trading price of TON is approximately $1.82, up 28.10% in 24 hours, with a daily trading volume of about $633 million, and a market capitalization close to $4.8 billion. This move is part of Telegram's push for TON-based products.

TON24.56%
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