TON Drops 6.304% Amid Telegram Integration Expansion

Generated by AI AgentCrypto Frenzy
Tuesday, Aug 5, 2025 8:14 pm ET2min read
Aime RobotAime Summary

- Toncoin (TON) dropped 6.304% to $3.19 amid expanded Telegram integrations via Mini Apps and USDT transactions.

- TON's cross-chain bridges with Ethereum/BNB Chain/Polygon boost DeFi liquidity, while TON Sites 1.0 enables decentralized web access within Telegram.

- TON Strategy Co. (TSC) secured $558M to become a major institutional TON holder, accelerating institutional adoption through staking initiatives.

- Snoop Dogg's $12M NFT sale and TAC mainnet launch highlight TON's retail engagement and DeFi growth potential via Telegram's 700M+ user base.

Toncoin's latest price was $3.19, down 6.304% in the last 24 hours. The Open Network (TON) continues to expand its integrations, deepening its presence inside Telegram. The network is now fully utilizing Telegram Mini Apps, which enable developers to onboard millions of users through one-click access directly inside the messenger. This integration provides direct exposure to hundreds of millions of global users, enhancing the potential base for TON's blockchain services. Additionally, USDT transactions are now live on TON, creating direct access to stablecoin payments, remittances, and DeFi operations. This functionality is already connected to more than two dozen integrations and is accessible to Telegram’s global user base, making financial interactions within the platform more seamless.

The network has also strengthened interoperability through cross-chain bridges. These connections support asset transfers from Ethereum, BNB Chain, and Polygon, expanding liquidity opportunities and increasing access for DeFi protocols operating inside Telegram’s environment. With TON Sites and TON Proxy now at version 1.0, users can engage with a decentralized Web3 internet experience directly from Telegram. This includes the ability to access decentralized websites and applications powered by TON Storage and Proxy, all without leaving the messenger interface.

The Open Network (TON) enters the third quarter of 2025 with strong integration momentum from its expanding presence inside Telegram. The combination of Telegram Mini Apps and the @wallet integration places TON in direct contact with hundreds of millions of Telegram users, steadily enlarging the potential base for its blockchain services. In parallel, TON’s DeFi infrastructure benefits from cross-chain bridges with Ethereum, BNB Chain, and Polygon, which supply deep liquidity to protocols such as Curve and Morpho. This liquidity supports higher activity across the network, particularly in trading and lending operations. Retail participation is being bolstered by NFT drops and gaming launches, including collaborations like the Snoop Dogg collection. These activities tend to drive transaction spikes and increase fee revenue, further reinforcing network activity.

Verb Technology has successfully secured $558 million in funding, which has enabled it to rebrand as TON Strategy Co. (TSC). This transformation marks a significant shift in the company's strategy, focusing on a digital asset treasury model that emphasizes Toncoin (TON). The rebranding was supported by over 110 investors, including notable institutional and crypto-native players. This move positions TSC as a major institutional holder of TON, setting it apart in the cryptocurrency market. The allocated capital will be dedicated to purchasing and staking Toncoin, with the initiative expected to be completed by August 7, 2025, marking a major advancement in institutional adoption of the cryptocurrency.

TON Strategy Co. (TSC) has become a significant institutional holder of Toncoin (TON) following a successful $558 million fundraise. This strategic move, supported by over 110 investors, positions TSC as a major player in the cryptocurrency market. The rebranding from

to TON Strategy Co. signifies a shift towards a digital asset treasury model focused on TON, potentially influencing its market position and public interest. The TAC public mainnet went live in July, integrating Curve and Morpho protocols onto TON and Telegram, greatly enhancing DeFi liquidity and functionality within the ecosystem. Snoop Dogg’s Telegram NFT collection raised $12M in 30 minutes in early July, showcasing TON’s direct retail engagement through Telegram’s massive user base. The TON Foundation is actively recruiting, including a VP of Marketing, as it expands its presence amid controversies like the UAE ‘Golden Visa’ staking plan—which is still under regulatory review.

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