#TONRally The TONRally is currently seeing significant activity, with Toncoin experiencing a surge of over 20% following news about Telegram founder Pavel Durov. Additionally, the cryptocurrency is gaining attention as it serves as the native currency for the Telegram Open Network, facilitating transactions and incentivizing participation. **Current Market Performance**
- **Toncoin Surge**: Toncoin has increased by over 20% recently, attributed to positive news regarding Telegram's founder, Pavel Durov, regaining his passport from French authorities.
- **Price Change**: The current price of TON has risen by 5.24%, indicating a strong upward trend in the market.
**Significance of TON**
- **Native Cryptocurrency**: TON is the native cryptocurrency of the Telegram Open Network, which plays a crucial role in facilitating transactions within the network.
- **Incentivizing Participation**: It incentivizes users to participate in the network, enhancing its overall functionality and user engagement.
**Community and Future Outlook**
- **TON Society**: The TON Society is actively promoting the use and adoption of Toncoin, contributing to its growing popularity.
- **Market Sentiment**: The recent developments have positively influenced market sentiment, suggesting potential for further growth in the coming days.