- $TON surged 20% as France let Telegram’s Pavel Durov leave for Dubai.
- Price jumped from $2 to $3.5 within minutes of the news.
- Regulatory scrutiny on Telegram and Toncoin remains a concern.
Market reaction on Pavel’s release
Toncoin saw its price surge strongly after the release from judicial restrictions of Telegram founder Pavel Durov from France. The surprise move revived hope among investors, taking the price of TON more than 20% in a matter of minutes to a 12-day high of $3.5.
Durov’s troubles in the courts started in August 2024 when he was arrested by the French government on allegations that Telegram had enabled illegal activities through poor content moderation.
The case generated controversies regarding online privacy, freedom of speech, and regulation. The token is heavily associated with Telegram, dropped sharply during this time, from more than $8 to a low of $2 while other market conditions were bullish.
Durov’s Legal battle and TON decline
On March 13, 2025, Durov’s passport had been returned to him by the French authorities and that he could now leave the country as he pleased. His supposed trip to Dubai raised speculations if the court case was already resolved or if it needed to be concluded.
This news report was the sudden price rebound of Token. The reactions of the crypto market to big events were demonstrated, with traders and investors responding in real-time to the news. While macroeconomic events drive most cryptocurrencies, the price fluctuation of Toncoin is immediately connected to the legal status of its founder.
The case also mentions the broader implications for platforms such as Telegram, which are still trying to find their way through complex regulatory landscapes. Even with the rally, there remains uncertainty about the future with regulators still looking over their shoulders. Toncoin’s robust bounce, however, brings new optimism among fans.
As the legal environment continues to evolve, the coming weeks will be decisive in how they ultimately affect Telegram and Toncoin. Investors will anxiously watch for the next wave of regulatory statements and potential waves of market sentiment.
Also Read: Crypto Market Under Pressure: The Economic and Regulatory Factors Behind
