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Telegram founder Pavel Durov announced on May 4, 2026, that network fees were drastically reduced – almost to nothing. Telegram itself will also take over as the biggest validator for the TON network, a change outlined in a plan called ‘MTONGA’ (CoinDesk). Following this announcement, the value of Toncoin jumped around 36-37% within 24 hours, peaking at approximately $1.88-$1.90 on May 5 (Coin360).


