Telegram, the messaging app, has officially chosen TON as its preferred blockchain network for Web3 infrastructure, causing a remarkable 7% surge in the price of Toncoin.
August proved to be a challenging month for the cryptocurrency market, with both Bitcoin (BTC) and various altcoins witnessing substantial declines from their peak in July.
Cryptory.net - Everscale is a layer-1 blockchain built on TON architecture, which comes with several enhancements, making it a fast and secure blockchain.
Telegram CEO Pavel Durov expressed his ambition to go deeper into the crypto space with the launch of a crypto wallet and DEX, despite the recent crises.