TON Jumps 10% to Become 10th Largest Crypto as Altcoins Rally: https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1717584932164-YAKIHONNES3.jpg The cryptocurrency market is abuzz with activity as altcoins experience a significant upswing. Telegram Open Network (TON) has witnessed a remarkable rise recently. TON’s price jumped over 10% in the last 24 hours, propelling the cryptocurrency into top 10 cryptocurrencies by market capitalization. This impressive feat comes on the heels of a strong week for TON, with its value increasing by 15% over the past seven days. TON currently boasts a market capitalization of nearly $18 billion, as per Coingecko data.
Telegram Open Network (TON) is a community-driven blockchain that was developed by Telegram, the encrypted messaging system. Originally released to facilitate in-application transactions within the Telegram app, TON has grown into a blockchain network with fast processing and validation times. TON is a Layer-1 blockchain that operates on a proof-of-stake consensus mechanism