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Home»Altcoins»Toncoin reaches a volume of $ 1 billion while Visa Exec joins, musk rumors swirl
Altcoins

Toncoin reaches a volume of $ 1 billion while Visa Exec joins, musk rumors swirl

June 1, 2025No Comments4 Mins Read
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Key notes

  • Tonceoin jumped almost 10% in 24 hours, the soaring volume of $ 1.23 billion.
  • A potential partnership of $ 300 million with the XAI of Elon Musk and the new AI offers the excitement of fueled investors.
  • The Ton foundation appointed the former director of Visa Nikola Plecas as vice-president of payments.

Tones

TONNE
$ 3.12



24h volatility:
0.1%


COURTIC CAPESSION:
$ 7.70 B



Flight. 24 hours:
$ 104.62 M

The native token of the open network, jumped almost 10% in the last 24 hours, powered by a wave of developments with high issues involving its giant affiliated messaging telegram and a massive increase in commercial activity.

At the time of the press, Ton is negotiated at $ 3.27, having received a daily top of $ 3.69, while its negotiation volume 24 hours a day increased by 641% to more than $ 1.23 billion, according to CoinmarketCap data.


The excitation of the $ billion bond market in the sparks excitement telegram

Providing the bullish momentum is an increase in bonds of $ 1.5 billion which would have been underway in Telegram, with the interest of major global investors, including Blackrock, Citadel and the Mubadala of Water.

The five -year bonds offer a 9%return, signaling a strong institutional interest in the company’s rebound. In 2024, Telegram generated $ 540 million in profits on $ 1.4 billion in revenues, a net reversal compared to previous years, according to the Wall Street Journal.

With 1 billion monthly active users in March 2025, the growing subscription income from Telegram and integrated services, including the integration of the tone portfolio and viral-garnn viral games, have rekindled optimism around the tone ecosystem.

Musk, AI and mixed signals

The addition of excitement was a large -scale partnership announcement, but not finalized between Telegram and Xai of Elon Musk. The founder of Telegram, Pavel Durov, said that the two had concluded a one-year agreement of $ 300 million to deploy the XAI Grok chatbot on the platform.

🔥 This summer, telegram users will have access to the best AI technology on the market. @elonmusk And I accepted a one -year partnership to bring xai @grok to our billions + users and integrate it into all telegram applications 🤝

💪 This also strengthens Telegram’s financial … pic.twitter.com/zpk550ayrv

– Pavel Durov (@durov) May 28, 2025

Under the proposed agreement, Telegram would receive half of the XAI subscription income generated in the application. However, the market fell briefly after Musk said that “no agreement has been signed”. “Currently agreed, but the formalities are pending,” replied Durov.

Strategic expansion of tone with a visa veteran

In a major strategic decision, the Ton Foundation appointed the former director of Visa Nikola Plecas as vice-president of payments. Plecas, known for his instrumental work in Visa Crypto initiatives across Europe, will direct the expansion of tone payment infrastructure.

Plecas said that joining your is a chance to “shape the future of payments on a really global scale”. Its mandate includes the development of an evolutionary, compliant and interoperable payment architecture for the basis of billions of Telegram users.

The CEO of the Ton Foundation, Max Crown, qualified the “basic pillar” payments of the network’s roadmap, and stressed that the appointment of Plecas is the key to accelerating global adoption.

following

Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.

Altcoin news, cryptocurrency news, short stories

PARTH DUBEY

Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.

Parth Dubey on LinkedIn





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