Telegram founder Pavel Durov praised TON’s network performance on July 7, saying its block finality takes only 0.6 seconds. Based on the comparison figures cited in the source material, that puts TON ahead of Avalanche at about 1 second and BNB Chain at about 1.1 seconds, while Ethereum sits near 13 minutes and Bitcoin around 1 hour for finality.
Durov highlights speed as TON pushes into payments
Durov framed TON as the fastest network on finality among major Layer 1 blockchains. For transfers and payments, shorter finality matters because users can treat a transaction as practically instant and irreversible. The source ties that advantage directly to Telegram’s stated ambition for TON as a core base layer for Web3 payments.
The latest momentum is not coming from technical metrics alone. The article points to Telegram’s base of more than 900 million active users, and to tighter integration between Telegram and TON. That combination has helped tie network performance, distribution, and payment use cases into one market narrative.
Telegram takes a larger role and fees fall to one-sixth
A second catalyst is Telegram’s changing role inside the TON ecosystem. According to the source, Durov said Telegram will replace the TON Foundation as the network’s main driver and largest validator. That signals a much closer relationship between the messaging platform and the blockchain, while drawing market attention to whether social traffic can be converted into on-chain activity.
Fees have also been cut sharply. The source says total network fees dropped to one-sixth of their previous level, close to what it describes as near-zero fees. Lower transaction costs often affect activity in payments, GameFi, and meme coin trading, and they have become a major trigger for renewed interest in TON.
TON rises 25% to 35% in 24 hours, market cap tops $6 billion
On price action, TON gained about 25% to 35% over the past 24 hours. Depending on the exchange, the token was quoted in a range of $2.2 to $2.4. Its market capitalization moved above $6 billion, while its seven-day gain reached 80%, lifting it back into the top 20 cryptocurrencies by market value.
Based on the source material, the rally has been driven by several factors arriving at once: a public endorsement of TON’s technical performance from Durov, deeper direct involvement from Telegram, a steep fee reduction, and heavy attention around meme coin activity in the ecosystem. For now, TON has moved to the front of the Layer 1 discussion in the crypto market.