Telegram’s U.S. TON Wallet Launch Fuels Continued Rally in Toncoin

Toncoin Gains 3% as Telegram Rolls Out Integrated TON Wallet to U.S. Users

Toncoin (TON) extended its upward momentum on Monday, rising 3% to $3.41 after Telegram began deploying its self-custodial TON Wallet to 87 million users in the United States. The new feature allows in-app crypto transfers, staking, and token swaps—no additional downloads or logins required.

Built on The Open Network (TON) and developed by The Open Platform (TOP), the wallet marks the first time a self-custodial crypto wallet has been natively integrated into a mainstream U.S.-based messaging platform. According to CNBC, this innovation enables users to send stablecoins and digital tokens as easily as sending a text message.

TOP CEO Andrew Rogozov cited shifting U.S. regulatory sentiment and Telegram’s growing crypto-active user base as key factors in the timing of the launch. “We started viewing the U.S. as a more attractive market,” he said.

To streamline the experience, the TON Wallet utilizes a split-key recovery model. One part is linked to the user’s Telegram account, the other to their email—removing the need for seed phrases and lowering the barrier for adoption.

Users can also access staking, MoonPay-powered zero-fee purchases, and crypto on/off-ramps via debit cards. The wallet integrates with Telegram’s Mini Apps framework, offering a seamless Web3 experience entirely within the app.

TON has gained 12.2% over the past week and 25.6% in the past month, driven by rising engagement and growing investor optimism around its ecosystem. As of publication, TON trades at $3.4121, according to CoinDesk data.

Technical Outlook:

TON rose from $3.25 to $3.58 between July 21 at 18:00 UTC and July 22 at 17:00 UTC—a 10.15% rally fueled by 46.32 million tokens in volume.
The token decisively broke above the $3.34 resistance level, expanding its range by nearly 12%.
A brief retreat from $3.53 to $3.44 in the final hour of trading suggests short-term cooling, despite an intact bullish structure.