TON

TON Strategy earned over $5.6 million in staking rewards in May, with its staked TON tokens exceeding 3.3 million as network upgrades contributed to the growth. The entity is staking nearly all of its 227 million TON tokens.

TON price increased after Telegram CEO announced the token will be rebranded to Gram. Telegram is re-engaging with The Open Network, a project it previously abandoned, and plans to use the original name of Toncoin.

TON has revived the Gram token brand as part of network upgrades, fee reductions, and Telegram's push for increased governance involvement. Telegram CEO Pavel Durov stated the network is 'returning to roots' with this rebrand.

The TON coin has reached the $3 level and may continue to rise, with a potential push into the $3.2 zone or higher. The market is showing confidence despite weak BTC and dead altcoins. The author holds TON in their portfolio and plans to ride it until the peak of the next bull cycle.

TON's price climbed roughly 63% and trading volume jumped over 650% after Telegram became one of its largest validators. The wider ecosystem, including DOGS, NOT, and CATI, also moved alongside TON. This momentum created real opportunities for traders who spotted the move early.

Telegram will become TON's largest validator, according to Pavel Durov, resulting in a 33.8% increase in Toncoin value. Details on the foundation and validator structure remain unclear. Telegram's deeper involvement in TON has been announced.

A user lost $15k on a Plush Pepe NFT trade due to a pricing error on TON, erasing months of gains. The mistake involved listing the NFT for 1,650 TON instead of 16,500 TON, leading to an irreversible transaction. The user expresses frustration and seeks mental coping strategies for such losses.