Why did Toncoin surge over 30%?

Toncoin jumped more than 30% after Pavel Durov said Telegram would take a leading role in developing the TON network. The announcement boosted investor confidence in the ecosystem. Increased activity and visibility drove strong buying momentum.

What role will Telegram play in the TON network?

Telegram plans to become the largest validator on the TON blockchain and focus on core development. This includes performance upgrades, new developer tools, and improvements to ton.org. The move signals deeper integration between the messaging platform and the blockchain.

How did Toncoin perform in terms of price and volume?

Toncoin rose from $1.37 to $1.84 within 24 hours. Its market capitalisation reached about $4.5 billion. Trading volume surged roughly 600% to over $630 million, showing strong market participation.

Why did meme tokens on TON rally so strongly?

Meme tokens tend to react quickly to ecosystem news and hype. As confidence in TON increased, speculative capital flowed into smaller tokens. This led to sharp gains across the ecosystem.

Which TON-based tokens saw the biggest moves?

Notcoin rose 26%, while Dogs surged over 90%. Smaller tokens like Morfey, Resistance Duck, and Cubigator posted gains ranging from 390% to nearly 1,000%. These moves highlight high-risk, high-reward speculation.

Are these gains sustainable for TON meme tokens?

Not necessarily. Many of these tokens are still down 90% or more from previous highs. This suggests the rally may be driven by short-term speculation rather than fundamentals.

Is this bullish for the TON ecosystem overall?

Yes, in the short term. Telegram’s involvement could drive user adoption and developer activity. This strengthens the long-term case for TON as a platform.

What are the risks for investors in TON and its ecosystem?

Key risks include high volatility, speculative trading, and sharp reversals. Meme tokens are especially risky due to low liquidity and hype-driven pricing. Investors should be cautious.

Toncoin jumps 30% as Telegram backs TON

Written by Isaac FrancisPublished May. 5 2026Last Updated May. 5 2026

Toncoin surged more than 30% in 24 hours after Pavel Durov said Telegram would take a more active role in developing the TON blockchain.

The token climbed from $1.37 to $1.84, pushing market capitalisation to $4.5 billion, while trading volume jumped 600% to over $630 million amid heightened investor interest.

Meme tokens across the TON ecosystem also rallied, with Notcoin rising 26% and Dogs jumping more than 90% despite remaining significantly below prior highs.

Telegram said it will become the network’s largest validator and focus on core development, including performance upgrades, new developer tools, and a revamped ton.org within weeks.

Smaller tokens posted outsized gains, with Morfey rising nearly 1,000%, Resistance Duck up 645%, and Cubigator gaining 390%, highlighting speculative momentum in the ecosystem.

Despite the rally, several tokens remain sharply below historical peaks, underscoring ongoing volatility and risk in meme-driven crypto markets.

The move signals renewed attention on the TON ecosystem as Telegram deepens integration, potentially driving further user adoption and on-chain activity.

At the time of reporting, Toncoin price was $1.81.