TON Rises 15% As Telegram Achieves 900 Million Users

The post TON Rises 15% As Telegram Achieves 900 Million Users appeared first on Coinpedia Fintech News

Telegram, the popular messaging platform has made it to a staggering 900 million users. The surge will directly impact Telegram Open Network (TON), the blockchain designed to work seamlessly within Telegram. TON witnessed 15% growth in the last week, making its way to becoming a mainstream crypto player. TON’s recent success is directly attributed to its integration with Telegram where users can make transactions directly through Telegram’s native wallet. TON’s cheap transactions and no-fee USDT transfers have attracted everyday users against the complex traditional alternatives. However, Security concerns for storing large amounts of cryptocurrency and broader regulatory concerns prevail.