Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»ALTCOIN NEWS»Toncoin (TON) Surges Over 13% After Binance Launches Trading Support for Layer-1 Projects
ALTCOIN NEWS

Toncoin (TON) Surges Over 13% After Binance Launches Trading Support for Layer-1 Projects

By Crypto FlexsAugust 10, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Toncoin (TON) Surges Over 13% After Binance Launches Trading Support for Layer-1 Projects
Share
Facebook Twitter LinkedIn Pinterest Email

The Open Network (TON), a layer-one blockchain, has surged more than 13% in 24 hours after suddenly gaining support from the world’s largest cryptocurrency exchange by trading volume.

At the time of writing, TON Coin is trading at $6.22, up from $5.44 a day ago.

In a new announcement, Binance said it would list TON with a seed tag, which the platform applies to tokens with greater volatility potential. Users who own assets with the tag will be required to pass a quiz every 90 days to understand the inherent risks.

TON was originally developed by encrypted messaging platform Telegram and was known as Telegram Open Network, but Telegram pulled out of the project in 2020 following a legal dispute with the U.S. Securities and Exchange Commission (SEC).

The Open Network, an open-source community of developers, took over technical management that year. However, TON still allows Telegram’s 700 million users to send long wallet addresses within the platform without having to enter them.

Earlier this year, crypto asset management firm Pantera Capital invested in TON. According to Ryan Barney, a partner at Pantera, they decided to invest capital in the project because the token is linked to Telegram.

“We believe TON has the potential to introduce cryptocurrencies to the masses because of its widespread use on the Telegram network.

Telegram is a forward-thinking, fast, and secure messaging platform for private and group communication, building large communities, and sharing content, with over 900 million monthly active users.

By leveraging Telegram’s massive user base and seamless UX, along with the dynamics of TON’s new ecosystem, we believe TON has the potential to become one of the largest cryptocurrency networks.”

Don’t miss out – subscribe to receive email notifications straight to your inbox

Price check task

Follow us XFacebook and Telegram

Surfing the Daily Hodl Mix

&nbsp

Disclaimer: The opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investment in Bitcoin, cryptocurrencies or digital assets. Your transfers and transactions are at your own risk and any losses you may incur are your own responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets and The Daily Hodl is not an investment advisor. The Daily Hodl participates in affiliate marketing.

Generated image: Midjourney

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP struggles for $ 3: Do Whale Offroads attract it lower?

August 7, 2025

Tethers we target the Stablecoin market and quote the path of genius behavior.

July 31, 2025

Crypto EXEC is not the end of the rally.

July 24, 2025
Add A Comment

Comments are closed.

Recent Posts

A Global Initiative To Transform Crypto Education From The Ground Up

August 11, 2025

Cango Inc. Acquires 50 MW Bitcoin Mining Facility In Georgia, Laying Groundwork For Future Energy Strategy

August 11, 2025

SIM Mining Cloud Mining Allows Global Investors To Easily Earn BTC And DOGE Profits Using Just Their Smartphones (daily Income Of $23,999 USD)

August 11, 2025

MultiBank Group Delivers Record H1 Results With $209M Revenue And MBG Token Driving 7X Returns Since Launch.

August 11, 2025

The Animoca brand invests in a nice cat

August 11, 2025

Is Alt Season finally here, just as Ether Lee’s tearing and a small cap follows?

August 11, 2025

Flareonix airdrop is live! Under the share of 100m FXP today!

August 11, 2025

Carv can be used for transactions!

August 10, 2025

Ethereum (ETH), SEI (Sei), and Bonk (Bonk) gathered in July, but one token is prepared to dominate next.

August 10, 2025

Floki and OnDo expand their profits as Robinhood Listing strengthens.

August 10, 2025

Vitalik Buterin regains the title of ‘Onchain Billionaire’, where ether reaches $ 4.2K.

August 10, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

A Global Initiative To Transform Crypto Education From The Ground Up

August 11, 2025

Cango Inc. Acquires 50 MW Bitcoin Mining Facility In Georgia, Laying Groundwork For Future Energy Strategy

August 11, 2025

SIM Mining Cloud Mining Allows Global Investors To Easily Earn BTC And DOGE Profits Using Just Their Smartphones (daily Income Of $23,999 USD)

August 11, 2025
Most Popular

AI narrator voices change social media content production

May 9, 2025

This XRP killer could turn $800 into $100,000 by the end of 2025.

January 13, 2025

Traders are predicting an alt season due to the declining Bitcoin dominance and bullish altcoin market structure.

September 23, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.