TON breaks resistance as Telegram rolls out integrated wallet in US

Toncoin (TON) continued its upward trajectory following Telegram’s official launch of the integrated TON Wallet to 87 million users across the United States, marking a significant milestone in mainstream crypto adoption.

The in-app self-custodial wallet—developed by The Open Platform (TOP) and powered by the TON blockchain—enables Telegram users to conduct crypto transactions seamlessly without the need for third-party applications, browser extensions, or additional logins. The rollout positions Telegram as the first major messaging platform to embed a native, self-custodial wallet for US users, Caliber.Az reports, citing foreign media.

The integration allows users to send and receive digital tokens, including stablecoins, as effortlessly as sending a text message. The wallet also supports staking, token swaps, and zero-fee purchases through MoonPay, in addition to enabling fiat on- and off-ramps using debit cards. Furthermore, it connects directly to Telegram’s “Mini Apps” platform, offering users a full Web3 experience within the messaging app.

TOP CEO Andrew Rogozov said the company felt that “the US has become a more interesting opportunity” amid a slightly more favorable regulatory outlook. “Telegram’s growth and crypto-native audience created the right conditions for a launch at this scale,” he told CNBC.

To enhance accessibility and security, the TON Wallet utilizes a split-key recovery mechanism. One portion of the backup is linked to the user’s Telegram account, while the other is tied to their email address—eliminating the need for traditional seed phrases and making crypto onboarding more intuitive. “This is how we simplify the whole thing,” Rogozov explained.

Market reaction to the rollout has been swift. As of publication, Toncoin was trading at $3.4121, up 3% over the past 24 hours, according to CoinDesk data. The token has posted gains of 12.2% over the past week and 25.6% over the past month, driven by growing user adoption and bullish investor sentiment surrounding the wallet’s expansion.

Technical analysis from CoinDesk Research shows TON experienced a sharp surge between July 21 at 18:00 UTC and July 22 at 17:00 UTC, climbing from $3.25 to $3.58—a 10.15% intraday gain—amid robust trading volume of 46.32 million tokens. The token decisively breached key resistance at $3.34, expanding its trading range by 11.84%.

Despite a modest pullback in the final hour of the July 22 session—dropping 2.54% from $3.53 to $3.44—TON remains firmly positioned in a bullish technical structure, with analysts pointing to continued momentum and institutional interest as key drivers.

The integration of TON Wallet into Telegram represents a significant leap forward in the accessibility and usability of digital assets for everyday users, further solidifying the TON ecosystem's role in shaping the future of decentralized finance.

By Vafa Guliyeva