Rise of Telegram-Friendly Chain Spurs Talk of Crypto Super App
- TON Blockchain’s assets topped $1 billion after a resurgence
- Telegram’s previous crypto efforts drew the wrath of the SEC
One of the top performers in crypto this year is a project with ties to Telegram Messenger LLP, a rival to WhatsApp whose blockchain plans have previously drawn the ire of US regulators.
The Open Network (TON) blockchain has seized the crypto spotlight even amid a broader rally in the sector that saw Bitcoin hit new heights before a recent selloff.