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TON price rises 15% on Telegram wallet integration

TON price rises 15% on Telegram wallet integration

The TON Foundation announced the integration of the TON Space crypto wallet into Telegram, ForkLog reports, citing representatives of the organization.

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From September 13, all existing and new Wallet users will be able to access the wallet via the messenger’s settings.

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Data: Telegram Insider.

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The global rollout of this feature for all Telegram users outside the United States is planned for November. Project representatives plan to connect 30% of all messenger users to The Open Network by 2028.

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In addition, Telegram will grant TON projects priority access to the global advertising platform Telegram Ads. Thus the TON Foundation will receive priority access to crypto advertising.

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Following the news, the TON token price rose by 15%.

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TON/USDT hourly chart on OKX. Data: TradingView.

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In early September TON rose by 33% in a week and approached the $2 level, but could not break through the psychological barrier.

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Earlier in August, the Wallet Telegram bot developers unveiled a beta version of the non-custodial TON Space wallet. At that time, developers and crypto enthusiasts could participate in testing.

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