January 02, 2026 ChainGPT

Telegram's U.S. Wallet Fuels Toncoin Rally as Price and On-Chain Activity Spike

Telegram's U.S. Wallet Fuels Toncoin Rally as Price and On-Chain Activity Spike
Toncoin is waking up — and Telegram may be the spark. Price and on-chain activity are showing fresh momentum after Telegram rolled out a self-custodial wallet in the U.S., putting TON, USDT, NFTs and basic crypto functions directly into a mainstream messaging app. For the first time, American users can send, swap and store crypto inside Telegram, a move that could push everyday usage of TON higher. Market snapshot - TON has risen over the past week, delivering roughly a single-digit gain as buyers returned after a mid-month pullback. The token bounced from roughly $1.45–$1.50 and pushed toward $1.63, breaking a short-term resistance band (TradingView). - Technicals are turning constructive: the RSI has picked up, the MACD has flipped bullish, and price is pressing the upper Bollinger Band — signaling increasing volatility and growing upside momentum. On-chain picture: users, but limited locked liquidity - DeFi total value locked on TON remains modest — about $85 million at the time of writing — still well below previous highs, suggesting big capital hasn’t poured in yet (DeFiLlama). - That said, stablecoin supply on the network is robust, near $960 million, and daily app revenue/fees are steady. In short: users are active and transacting, even if long-term capital commitments (liquidity in DeFi) haven’t arrived in force. Why it matters Telegram’s wallet integration lowers friction in a way few blockchains have managed: crypto features are now embedded into a widely used messaging platform. If adoption continues to grow organically through everyday use, TON’s transactional activity could rise quickly — with liquidity likely following, albeit at a slower pace for now. Disclaimer: This content is informational and not financial advice. Cryptocurrency trading is high-risk; do your own research before making investment decisions. © 2026 AMBCrypto Read more AI-generated news on: undefined/news