SafePal wallet adds support for The Open Network (TON)

SafePal, which offers hardware wallets, software wallets, and browser extension wallet solutions and is currently used by more than seven million customers globally, has announced support for The Open Network (TON/USD).

Timeline of Safepal, Toncoin

SafePal, one of the leading crypto wallet developers, has integrated support for The Open Network (TON). TON was initially created by the Telegram team but later transitioned to an autonomous and fully open-source project after a U.S court halted its development back in 2020.

Toncoin (CRYPTO:TON) has rallied over 34% in the past seven days, trading at $2.69, recorded on Monday at 12 a.m. EST. What Happened: Apex cryptocurrency Bitcoin (CRYPTO: BTC) lost 1.20% over the past seven days, falling below the $17,000 mark, while Ethereum (CRYPTO: ETH) shed 5.02% and Dogecoin (CRYPTO: DOGE)  declined by 11.60% during this period.

One altcoin project based on Ethereum (ETH) has quietly outperformed most of the crypto market this month, embarking on a rally after tech entrepreneur Pavel Durov made an announcement.

After breaking out from the $2.30 horizontal resistance area, the Toncoin (TON) price only faces Fib resistance until a new all-time high. The post What's Behind The 40% Toncoin Price Increase?

Telegram has sold $50 million usernames on The Open Network as the messaging app giant says it aims to capitalize on blockchain tools. The post Telegram sells usernames worth $50 million on the Open Network blockchain appeared first on The Block.

The biggest collapse in crypto (FTX insolvency) this year sees the demand for non-custodial wallets spike to record highs.  SafePal, a self-custodial wallet crypto management platform, sees record sign-ups to its platform this week following the recent insolvency crisis on FTX.

The Open Network has enjoyed massive media recognition in the last few weeks, resulting in impressive gains. The blockchain's native token, TON, is currently among the top cryptos leading the market in weekly gains.

Toncoin has defied the entire crypto market sentiment as its value continues to trend higher. As per CoinMarketCap data, the native token of the TON blockchain has kept over 20% gain in the last seven days.

The native token of non-custodial wallet provider (SFP) spiked 125.96% over the past week, according to CryptoSlate data. The post Binance-linked non-custodial wallet tokens see massive growth over the past week appeared first on CryptoSlate.

Telegram's own blockchain, TON, continues to enjoy impressive gains despite current market volatility. The open-source protocol has been one of the few ecosystems to stay afloat following the FTX saga.