TON Strategy Reports $5.6M in May Staking Rewards as Network Upgrades Roll Out

yesterday / 22:25 2 sources neutral

Key takeaways:

  • A 17.8% annualized staking yield suggests high token inflation, which may pressure TON's price long-term.
  • The 'Gram' rename could reignite retail interest, but prior SEC litigation poses regulatory risk.
  • Corporate treasury staking models may boost institutional demand while raising centralization concerns.

TON Strategy, the Nasdaq-listed company formerly known as Verb Technology, disclosed that it earned an estimated 3.3 million TON in staking rewards during May 2026, worth approximately $5.6 million based on prevailing market prices. The firm’s monthly gross staking yield rose to 1.48%, up from 1.39% in April, reflecting an annualized rate of around 17.80%. The result underscores the company’s deepening commitment to The Open Network’s native token.

As of May 31, TON Strategy held roughly 227.5 million TON, with about 226.8 million of those tokens actively staked. CEO Kevin Wilson emphasized that nearly all reserves remain staked to maximize validator rewards and support network decentralization. “Staking rewards remain important to our treasury operations,” the company noted, adding that the recently approved protocol changes should not affect validation payouts.

On June 4, a series of governance-backed upgrades went live on the TON network. These included the TVM 14 upgrade for smart contract execution, full collated data generation and validation optimizations, a Block Sync Overlay for validator communication, and expanded validation capacity. The improvements aim to boost performance, throughput, and scalability—key steps toward supporting Telegram-integrated applications. Wilson stated that validators can now process activity more efficiently, making TON “faster, more reliable, and more usable.”

The staking report arrives alongside broader ecosystem momentum. Telegram CEO Pavel Durov recently announced plans to rename Toncoin to Gram and outlined a “Make TON Great Again” initiative that includes fee reductions and further network enhancements. TON Strategy’s endorsement of the upgrades reinforces its position as one of the network’s largest validators and highlights a growing trend of publicly traded firms leveraging blockchain-native yields for treasury management.

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