- Telegram now permits customers to transform digital items into NFTs on the TON blockchain.
- The transformed items achieve distinctive traits and will be traded or auctioned as NFTs.
- TON worth rises 3%, buying and selling at $5.79, with 165% development year-to-date.
Toncoin (TON), the native cryptocurrency of The Open Network (TON), is experiencing a surge in exercise as Telegram rolls out its newest innovation.
The well-liked messaging app now permits customers to remodel digital items into tradable NFTs on The Open Network (TON), a transfer that marks one other step in Telegram’s Web3 journey.
Telegram customers can convert digital items into tradable TON NFTs
The new function, a part of Telegram’s first main replace of 2025, lets customers improve over 20 current items—resembling Jelly Bunny, Santa Hat, and Do-it-yourself Cake—into distinctive collectibles. These animated artworks and customized messages, launched in October 2024, can now be traded, auctioned, or gifted anew inside Telegram’s ecosystem or on exterior NFT marketplaces like Getgems.
To transform a present into an NFT, customers must spend a small quantity of Telegram Stars, the platform’s in-app foreign money tied to Toncoin.
As soon as upgraded, every collectible present beneficial properties unique attributes, together with a definite look, background colors, icons, and a novel quantity, making certain its rarity and individuality.
Notably, the launch of collectible items isn’t Telegram’s first foray into blockchain expertise. In recent times, Telegram has built-in a number of crypto-friendly options, together with TON House, a self-custody pockets, an in-app browser for decentralized web sites, and Telegram Stars, which permit customers to buy digital items with fiat and convert them into Toncoin.
These initiatives, alongside a burgeoning ecosystem of mini-games and apps, have cemented Telegram as a major participant within the Web3 house.
Toncoin (TON) worth rises
Following the discharge of the brand new function, Toncoin’s worth has rebounded after a slight dip between December 25 and January 1.
Regardless of a 30% retracement from its all-time excessive of $8.25 in mid-2024, TON has gained a powerful 165% year-to-date, reflecting rising curiosity in its ecosystem. The token, at present ranked the fifteenth largest cryptocurrency by market capitalization, is buying and selling at $5.79, up 3% over the past 24 hours.
Specialists imagine that Telegram’s integration of NFTs and its dedication to enhancing The Open Network (TON) blockchain might additional drive adoption and market worth.
A core TON developer, pseudonymously referred to as Dr. Superior Doge, has expressed optimism concerning the platform’s potential, highlighting its large consumer base and the growing complexity of its functions.
As Telegram continues to innovate, Toncoin seems poised for sustained development, underpinned by the convergence of social media and blockchain expertise.
