TON Surges 20% After Durov Recovers Passport, Boosting Market Sentiment

Mar 15, 2025, 7:48 p.m. 10 sources
TON experienced a sharp surge of over 20% in the last 24 hours following the news that Telegram founder Pavel Durov recovered his passport from French authorities. This development restores Durov's ability to travel freely, calming concerns from privacy and free speech advocates while reinforcing the credibility of the TON community. The positive sentiment was further boosted by the introduction of new features in the TON Wallet app, including support for multiple assets and a yield program. However, the market remains wary due to recent volatility and past negative events such as a 14% drop following Durov's arrest in France. Overall, the immediate outlook is bullish due to strong community support and clear technological improvements, but longer-term dynamics will depend on regulatory developments and sustained adoption.
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