With access to Telegram’s 900 million monthly active users through a partnership, the value of assets locked on TON surged 1,400% this year to briefly top US$1 billion ($1.35 billion).
One of the top performers in crypto this year is a project with ties to Telegram Messenger, a rival to WhatsApp whose blockchain plans have previously drawn the ire of US regulators.
The Open Network (TON) blockchain has seized the crypto spotlight even amid a broader rally in the sector that saw Bitcoin hit new heights before a recent selloff.
