Toncoin Rises 6% Amid Whale Buying and Scalability Improvements

Toncoin experienced a 6% increase in value over the past 24 hours, emerging as the top performer among the 100 largest cryptocurrency projects by market capitalization. According to NS3.AI, a report from BSCN highlighted significant whale activity, with 189,730 TON purchased over the last three months. Telegram founder Pavel Durov announced plans to enhance the network's scalability and reduce transaction fees by up to six times.