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TONCOIN (TON) surges 20.4% in 24 hours: Driven by Telegram validator node launch and significant reduction in network fees

TONCOIN (TON) surges 20.4% in 24 hours: Driven by Telegram validator node launch and significant reduction in network fees

Bitget PulseBitget Pulse2026/05/04 23:05
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By:Bitget Pulse

Brief Overview of Volatility

Over the past 24 hours, TONCOIN's price rebounded from a low of $1.348 to a high of $1.623, and is currently at $1.622, with a fluctuation of 20.4%. The 24-hour trading volume is approximately $239 million, showing a significant increase compared to the previous day.

Analysis of Abnormal Movements

• Telegram has officially become a major validator on TON, staking 2.2 million TON (around $2.88 million), strengthening its ecosystem commitment.

• Validators approved a 6x reduction in the network base fee (about 0.00039 TON per transaction), supporting micropayments and AI agent applications.

• The TON blockchain has achieved a 10x speed increase, coupled with factors such as NFT trading volume surpassing ETH, over 10 million gaming users, and AI integration within Telegram, all of which have stimulated capital inflows.

Market Perspectives and Outlook

The mainstream sentiment in the community is bullish, with discussions on X focusing on the arrival of the TON “summer.” TA analysts predict a mid-term surge to $6-7, highlighting the attractiveness of a decentralization coefficient of 89 and an annualized staking yield of 20.32%; a risk warning is issued for a potential short-term pullback to the $1.32-1.35 support level.

Note: This analysis is automatically generated by AI based on public data and on-chain monitoring and is for informational reference only.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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