The price of tonnes has risen more than 20% over the last 24 hours to now trade over $ 3.45 and has a market value of $ 8.14 billion after the French authorities returned telegram -founder Pavel Durov’s passport.
The move restores Durov’s ability to travel freely and marks the end of a situation that had raised concerns from privacy and spokesmen for utterance. Durov, who co-founded telegram, a messaging platform with almost a billion users, has long been a free-speaking spokesman for privacy and safe communication.
Read more: Ton Down 14% As Telegram CEO Pavel Durov Arrested in France
Ton Foundation, which supports the Telegram Open Network (ton), celebrated the moment on social media. “As part of the decentralized ton society, we have been solidarity with pavel and supported his unshakable dedication to defending the right to free expression and privacy online.”
Ton has also benefited from new features that were introduced to the Telegram wallet app, which includes multiple assets, a dividend program, an updated user interface and more.
Read more: Telegrams Pivot for Ton Payments for Ads Increases Toncoin