- Toncoin jumped 18% after Telegram took control of the network and cut fees sharply.
- Strong inflows supported the rally, though overbought signals suggest a possible pullback.
Toncoin has recorded a sharp rise after major changes in its network leadership and structure. Ton reacted strongly as Telegram increased its role in the ecosystem. The move has also triggered fresh debate on whether the price can extend toward $3.00. Toncoin surged 18.4% in 24 hours to $2.15 after major network updates linked to Telegram.
Telegram Takes a Bigger Role in TON Network
The biggest catalyst behind the rally is Telegram’s deeper involvement in the TON ecosystem. Telegram founder Pavel Durov confirmed that the platform is now replacing the TON Foundation as the main driving force behind the network.
Telegram is also becoming the largest validator on the network. This shift signals tighter integration between the messaging platform and the blockchain.
Telegram becoming TON’s largest validator strengthens decentralization.
It lets other major players join the validator pool without centralizing the network — with Telegram as the counterbalance.
📈 More and more TON gets locked in validation as everyone competes for 20%+ APR.
— Pavel Durov (@durov) May 5, 2026
The announcement was shared through Telegram’s official platform and confirmed a major restructuring of how TON is managed.
Fees Drop Sharply and Activity Spikes
One of the most immediate changes is the reduction in transaction fees. Fees have been cut by around six times and are now close to zero. This makes the network cheaper and more attractive for users and developers.
Activity also surged after the announcement. Staking inflows jumped by about $191.83 million in a single day, the highest level in nearly four months. This shows strong investor interest returning to the network.
At the same time, short traders were caught off guard. Around $7.17 million in liquidations were recorded during the rally.
Strong Rally but Signs of Overheating
Toncoin has shown strong short-term performance. It is up more than 61% in the past week and nearly 69% in the past month. However, it is still down about 29% over the past year, which shows it remains in a broader recovery phase.
$TON is up 61% on the week. Two things are converging – technical improvements and a meaningful governance shift with Pavel Durov actively pushing.
On the tech side: block rate up 6x, transactions now subsecond, fees down 6x to near zero, new dev tools and performance upgrades… pic.twitter.com/N5B5dzyetW
— Mike S (@Mikesi30) May 6, 2026
From a technical view, TON is trading above all major moving averages. This usually signals a strong bullish structure.
However, warning signs are also visible. The Relative Strength Index has climbed to around 88, which places the token in overbought territory. In past cases, such levels have often led to pullbacks or consolidation.
Key Price Levels to Watch
Traders are now focusing on important levels:
- Resistance: $2.36 to $2.80
- Critical support: $1.90
- Deeper support: $1.50
A sustained move above $2.36 could open the path toward the $3.00 level. If the price fails to hold current gains, a short-term correction remains possible.
Validator Competition and Network Growth
With Telegram acting as the largest validator, competition among other validators is increasing. Many are now targeting staking rewards that exceed 20% APR.
New developer tools and upgrades are expected in a late-May rollout. These updates are aimed at improving performance and expanding application development on the network.
The TON ecosystem is also benefiting from Telegram’s large global user base, which gives it a strong advantage in adoption and reach.
Conclusion
Toncoin’s recent surge is driven by major structural changes in its ecosystem. Telegram’s deeper control has boosted confidence and activity across the network.
While momentum remains strong, overbought signals suggest the market may cool down before the next major move. The key question now is whether buyers can sustain pressure above resistance levels and push toward $3.00.
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