• Telegram now permits customers to transform digital presents into NFTs on the TON blockchain.
• Transformed presents purchase distinctive properties and might be traded or auctioned as NFTs.
• TON worth is up 3% and buying and selling at $5.79, representing 165% progress because the starting of the 12 months.

Toncoin (TON), the native cryptocurrency of The Open Community (TON), has seen a surge in exercise as Telegram rolls out its newest improvements.

The favored messaging app will now permit customers to transform digital presents into tradable NFTs on the Open Community (TON), a transfer that marks one other step in Telegram's Web3 journey.

Telegram customers can convert digital presents into tradable TON NFTs

A part of Telegram's first main replace of 2025, the brand new characteristic will permit customers to improve over 20 current presents to distinctive collectibles, together with jelly bunnies, Santa hats, and home made desserts . Launched in October 2024, these animated artworks and customized messages can now be traded, auctioned, or gifted inside Telegram's ecosystem or on exterior NFT marketplaces like Getgems.

To transform a present into an NFT, customers should pay a small quantity of Telegram Stars, the platform's in-app forex tied to Toncoin.

As soon as upgraded, every collectible reward beneficial properties distinctive attributes comparable to a singular look, background coloration, icon, and distinctive quantity, guaranteeing its rarity and individuality.

Notably, the launch of collectible presents will not be Telegram's first foray into blockchain expertise. In recent times, Telegram has launched a number of crypto-friendly options comparable to TON House, a self-custodial pockets, an in-app browser for decentralized web sites, and Telegram Star, which permits customers to buy digital items with fiat forex and convert them into Toncoin. Built-in. .

These efforts, together with a burgeoning ecosystem of mini-games and apps, have solidified Telegram as a key participant within the Web3 area.

Toncoin (TON) worth improve

After the discharge of the brand new options, the worth of Toncoin fell barely from December twenty fifth to January 1st, earlier than rebounding.

Regardless of a 30% retracement from its all-time excessive of $8.25 in mid-2024, TON has risen a formidable 165% year-to-date, reflecting rising curiosity in its ecosystem. The token presently ranks because the fifteenth largest cryptocurrency by market capitalization and is buying and selling at $5.79, up 3% prior to now 24 hours.

Specialists imagine Telegram's efforts to combine NFTs and strengthen the Open Community (TON) blockchain might additional drive adoption and market worth.

TON's core developer, recognized pseudonymously as Dr. Superior Doge, expressed optimism in regards to the platform's potential, highlighting its massive consumer base and the rising complexity of its purposes.

As Telegram continues to innovate, Toncoin appears poised for sustained progress, powered by the convergence of social media and blockchain expertise.