Toncoin Bounces Back Following Durov’s Release

Toncoin Bounces Back Following Durov’s Release

Toncoin recently surged over 9% following Telegram CEO Pavel Durov’s release from custody in France, positively influencing market sentiment. However, the TON blockchain faces serious technical challenges, including recent outages driven by high transaction volumes. These issues, combined with ongoing legal troubles for the Durov brothers, raise concerns about Toncoin’s long-term stability.