After months of decline, the price of TON coin has entered an upward trend again. Recent decrease in tensions post US elections and increased economic concerns caused the recent drop in TON coin, but the news of Pavel Durov leaving France has significantly boosted the price of this digital currency. Following Durov’s detention on August 24, 2024, TON coin plummeted over 35% from $6.88 to $4.44. Then on December 4, 2024, coinciding with market growth post Donald Trump’s re-election, it surged to $7.20. However, this growth was not sustained, and TON coin price dropped by 67%, reaching $2.36 on March 11, 2025. Market data shows that TON coin has grown nearly 20% in the past 24 hours and over 19.5% in the recent week, currently standing at $3.47. The 24-hour trading volume of this digital currency has also increased by over 465%, reaching $778 million. Furthermore, profits from future contracts of TON coin surged by 67% in the past 24 hours, reaching $169 million, the highest level in the last 42 days. Durov has been forced to stay in France since his detention in August 2024. French prosecutors accused him of managing a platform that facilitates illegal activities. His departure from France has been welcomed by Telegram users and TON project supporters, seen as a victory for freedom of speech. Reports indicate that Durov received permission to leave France on March 13 and has traveled to Dubai. However, it is still unclear whether his case is closed or he has only received temporary exit clearance. He deemed his detention unnecessary and emphasized that his company has always been willing to cooperate legally.
