Alex Thorn, Galaxy Digital's head of research, noted that the value of the TON blockchain and its native token, toncoin, are "substantially dependent" on the project's integration with Telegram.
After the news of Pavel Durov’s arrest, the value of the TON blockchain tumbled, raising concerns about its resilience amid potential governmental actions against it.
The TON Society, an organization affiliated with TON, circulated an open letter condemning Durov's arrest and urged France to release him, reflecting community support.
The uncertainty regarding the operation of the TON blockchain validators poses questions about the project's stability in light of Durov's legal troubles and the implications for investors.
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