Toncoin surges 20% as Pavel Durov departs France – Will this rise last?
Pavel Durov has been granted judicial approval to temporarily leave France—but what does this mean for Telegram's regulatory battle?
Keep up with what's happening in the crypto world in real-time.
Pavel Durov has been granted judicial approval to temporarily leave France—but what does this mean for Telegram's regulatory battle?
Here is how some of your favorite assets concluded the week.
Bitcoin (BTC) is struggling to break above the 200-day simple moving average ($84,000), but a positive sign is that the bulls have not ceded much ground to the bears. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to achieve a weekly close above $81,000 to signal resilience.
Toncoin (TON) has jumped nearly 15% over the weekend after French authorities permitted Telegram founder Pavel Durov to leave the country.
The TON price has reclaimed the $3 mark with an over 20% spurt on Saturday, March 15. This price spike was triggered by the news of a French court approving the departure of Telegram founder Pavel Durov from France.
The high trading volume alongside the 25% price bounce in four days indicated short-term bullishness.
Toncoin's Open Interest (OI) surged by 67% in the past 24 hours, coinciding with reports that Telegram founder Pavel Durov has left France. The post Toncoin Open Interest Surges 70% as Telegram's Pavel Durov Reportedly Leaves France appeared first on Cryptonews.
The market is mainly bullish today, however, some coins remain in the red zone, according to CoinStats.
Toncoin (TON) has surpassed Stellar (XLM) in market capitalization following a 22% price surge, propelling TON up the cryptocurrency rankings. With a market capitalization of $8.59 billion, Toncoin ranks as the 14th largest cryptocurrency, ahead of Stellar's market capitalization of $8.37 billion.
Toncoin (TON) has surged by over 50% in the past week, fueled by news that Telegram founder Pavel Durov has been granted permission to leave France for Dubai. TON/USDT weekly price chart.
Toncoin price has risen by 45% from its lowest level this month after Pavel Durov was allowed to leave France after months. Toncoin (TON) rose to a high of $3.6240 on Saturday, its highest level since Feb.
TON is among the few alts with notable gains over the past day.
Since the announcement of the release of Pavel Durov, founder of Telegram, Toncoin (TON) has experienced a spectacular rise of over 50%. The crypto market, responsive to good judicial news, reacted immediately to the delight ofTON enthusiasts.
Toncoin Open Interest (OI) has jumped 67% over the past 24 hours following Telegram founder Pavel Durov's reported departure from France, where he had been required to stay since his arrest six months ago.On March 15, Toncoin (TON) OI — a metric tracking the total number of unsettled Toncoin derivative contracts such as options and futures — reached $169 million, representing a 67% increase from the previous day when the reports of Durov's departure first surfaced, according to CoinGlass data. Toncoin open interest reaches highest level in 42 days It is the highest level of OI in Toncoin since Feb. 1, when it was sitting at $171.49 million.
Toncoin Open Interest (OI) has jumped 67% over the past 24 hours following Telegram founder Pavel Durov's reported departure from France, where he had been required to stay since his arrest six months ago.On March 15, Toncoin (TON) OI — a metric tracking the total number of unsettled Toncoin derivative contracts such as options and futures — reached $169 million, representing a 67% increase from the previous day when the reports of Durov's departure first surfaced, according to CoinGlass data. Toncoin open interest reaches highest level in 42 days It is the highest level of OI in Toncoin since Feb. 1, when it was sitting at $171.49 million.
Telegram founder Pavel Durov, detained in France since last August, was granted temporary permission to leave the country for Dubai. Agence France Presse (AFP) first reported the news on Saturday.
Today, March 16, 2025, Toncoin (TON) is making waves in the cryptocurrency market following the release of Telegram founder Pavel Durov from France. While major assets struggle to gain momentum, TON has defied the market trend, registering a significant 16% price surge in the past 24 hours.
Crypto prices will be in the spotlight this week as investors focus on the upcoming Federal Reserve interest rate decision and Donald Trump's tariffs. Hopes that the Fed will embrace a more dovish tone will be a bullish catalyst for these assets.
The Open Network (TON) Society released a statement on March 15 celebrating the return of Pavel Durov's passport as a win for freedom of speech, online privacy, and innovation.According to the AFP news agency, Durov left France and headed to Dubai on the morning of March 15 after gaining permission from French officials to depart the European country. "We have stood behind Pavel since his arrest on August 24, 2024," the TON Society wrote.
The price of Toncoin, a token associated with the Telegram network, jumped 20% on the news that Durov's passport was returned to him.
TON shot up from under $3 to $3.5 within minutes. Here's why.
Telegram founder Pavel Durov regained access to his passport, allowing him to travel freely.
The price of Toncoin (TON) surged by over 6% immediately following the release of Telegram founder Pavel Durov from France, where the embattled tech founder has been forced to stay since his arrest in August 2024.According to CoinMarketCap, the price of TON has rallied by roughly 18% in the last 24 hours and over 13% in the last seven days. Following the news of the Telegram founder's arrest in France on August 24, 2024, the price of TON plummeted by over 35%, from roughly $6.88 to $4.44 by September 2024.
Toncoin is making a strong comeback, surging 10% as buyers step in. After weeks of decline, the price is showing signs of recovery.