TON Tech, a development unit within The Open Platform, has introduced AI-powered agents integrated with the Telegram ecosystem that can execute on-chain transactions independently. The new agents, called Agentic Wallets, allow users to fund dedicated wallets and grant AI agents predefined limits to perform token transfers, swaps, staking, and basic portfolio management. The agents operate without exposing private keys, maintaining user control over assets.
Andrew Grekov, head of TON Tech, described the shift as a transition from passive tools to active participants, noting that AI agents on Telegram can both communicate and transact, expanding their role beyond messaging into financial execution. This rollout follows a similar move by Gemini, which recently launched its own agentic trading system allowing users to connect AI models such as Claude and ChatGPT directly to trading accounts for automated market monitoring and trade execution.
Despite the product push, network activity on TON has declined significantly. Active addresses, which briefly exceeded one million in late 2024, have dropped below 100,000, according to data from The Block. Pavel Durov recently confirmed upgrades to the TON blockchain, including sub-second transaction finality, aimed at enabling faster, more responsive applications including AI-driven services.
Market performance continues to reflect ongoing pressure. Toncoin trades around $1.30, down slightly over the past day, remaining below its 200-day moving average and roughly 84% below its all-time high. The asset has recorded 16 green days over the past month.
The AI agent functionality now includes transfer, swap, and staking capabilities, creating a more complete on-platform crypto experience. Transfer allows users to move tokens to other wallets without leaving Telegram conversations. Swap enables token-to-token conversion within the same agent interaction. Staking support shifts these agents from short-term trading utilities toward broader asset management tools, letting users earn yield on holdings without switching platforms.
According to TON's developer documentation, the network has been building infrastructure to support Model Context Protocol (MCP) connections that allow AI agents to interact with blockchain functions directly. This expansion raises the competitive bar among Telegram-native crypto tools, as bots and agents limited to single-function trading may lose users to more integrated alternatives.
