Toncoin's price surged by over 6% following news that Telegram founder Pavel Durov was allowed to leave France, where he had been held since his arrest in August 2024. This rebound comes after a prolonged decline, where the price fell from approximately $6.88 to $4.44 following Durov's initial arrest. The cryptocurrency saw a high of $7.20 in December 2024, but collapsed approximately 67% after the post-election rally in the U.S., hitting a low of $2.36 by March 11, 2025. Durov's release on March 13 sparked optimism among the Telegram and Toncoin community, marking a significant development in the ongoing debate between online security and freedom of expression. Although the case against him remains unsettled in French courts, sources indicate he may be allowed to travel for several weeks. This move has been interpreted as a victory for freedom of speech, and the implications for both the messaging platform and Toncoin are being closely monitored.

Source 🔗