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Is Telegram Crypto About to Go on a Rampage: TON Crypto Erupts 20% As Pavel Durov Liberated

Is Telegram Crypto About to Go on a Rampage: TON Crypto Erupts 20% As Pavel Durov Liberated

99bitcoins99bitcoins2025/03/18 00:33
By:Alex IoannouSam Cooling

The founder of the messaging platform Telegram, Pavel Durov, has been handed back his passport from French authorities. This move shows signs that his ongoing legal battle could be drawing to a close.

Durov has been detained in France since August 2024 after arriving on a private jet at Le Bourget Airport. He was arrested under claims that Telegram was being under-moderated, allowing it to be a hotbed of illegal activity.

TON Foundation Celebrates Pavel Durov's Passport Return

TON Foundation is delighted to learn that Pavel Durov's passport has been returned to him by French authorities, granting him the freedom to leave the country at his discretion.

This news marks a significant moment of… pic.twitter.com/KkNG7UnJBg

— TON 💎 (@ton_blockchain) March 15, 2025

TON X Account Confirms That Durov Is Able To Travel Freely Once Again

The official Toncoin (TON) account issued a statement on X, confirming French authorities returned Durov’s passport to him, allowing him the freedom to leave the country.

“This news marks a significant moment of resolution,” TON posted. “With nearly a billion users worldwide, Telegram represents a global movement committed to the freedom of communication and the inalienable right to privacy. As part of the decentralized TON community, we have stood in solidarity with Pavel, supporting his unwavering dedication to defending the right to free speech and privacy online.”

TON, formerly known as the ‘Telegram Open Network,’ is a layer-1 blockchain originally built for Telegram. In 2023, Telegram acknowledged TON as its official Web3 infrastructure, integrating it into its user interface.

Due to a 2020 settlement with the SEC, TON and its native Toncoin became separate from Telegram. After the settlement, Telegram agreed to stop developing TON, and a group of independent devs continued the project.

However, TON has stayed synonymous with Telegram, with both platforms supporting one another even though they are in different stages of development.

TON Spikes Over 20% In A Week Since The Telegram Founder Regained His Passport

Is Telegram Crypto About to Go on a Rampage: TON Crypto Erupts 20% As Pavel Durov Liberated image 0

( COINGECKO )

In response to the news of Durov’s newfound freedom, Toncoin (TON) has surged over 20% in the past 24 hours. It is currently trading at $3.43 and has a market cap of $8.5 billion.

The news has also brought a fresh injection of trading volume for TON, which has averaged over $500 million daily since the news broke. This is up more than 100% from a week ago, when TON was averaging around $220 million in volume.

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In January, the TON Foundation said it would focus on the US market to grow operations. It aimed to capitalize on the Trump administration’s more favorable regulatory environment regarding crypto and social media.

This injection of bullish sentiment within the TON community comes at a good time, with Bitcoin looking bottomed and economists calling for $126,000 BTC by June .

BONUS: Best Wallet (BEST) Is The Web3 Wallet To Store TON And Thousands Of Other Cryptocurrencies

Due to its multi-chain nature, supporting 60+ blockchains and 1000’s cryptocurrencies, Best Wallet (BEST) is fast becoming the go-to web3 wallet.

In the last few weeks, the Best Wallet devs have pushed a big upgrade to the app to include multi-chain wallets. Most notably, native Bitcoin support is now included within the wallet.

Another thing to note regarding the software update was a major increase to its security protocols. With security at the top of the list of priorities, users have even more reason to switch full-time to Best Wallet and everything it offers.

When it comes to the features on offer for Best Wallet users, it leaves the competition in the dust. Unlike dinosaur wallets such as MetaMask, Best Wallet allows you to store, trade, stake, game, wager, and soon even spend via a Google and Apple Pay-connected debit card.

However, the community’s favorite feature is the Best Wallet ‘Upcoming Tokens’ platform. The team works closely with reputable teams to allow ‘phase 0’ investment into some of the hottest presales on the market. This means early access to some of the biggest gems at the lowest price points.

How To Secure The $BEST Token

Also unlike other wallets, Best Wallet has a native token, BEST . It is still available in its own presale, which has raised a staggering $11.1m in just a few months.

There are less than 36 hours remaining before the price per BEST increases from its current level of $0.024375. Once the time runs out, that price will be gone forever, so be quick.

Check Out The Best Wallet Presale Here

DISCOVER: 20+ Next Crypto to Explode in 2025

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Telegram founder Pavel Durov regains his passport from French authorities

  • After being arrested in August 2024, Durov is now once again free to travel
  • Durov was arrested as authorities claim he allowed Telegram to operate as a hotbed for illegal activity
  • Telegram-linked crypto, TON, spikes over 20% with the news of Pavel’s newly-found freedom
  • Best Wallet (BEST) hits $11.1m in presale funding as its swathe of features and multi-chain nature result in fresh wave of app downloads
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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