Close Menu
    Facebook X (Twitter) Instagram
    ScoopSquare24
    • Home
    • News
    • AI
    • Crypto
    • Finance
    • Stocks
    Facebook X (Twitter) Instagram
    ScoopSquare24
    Home»News»Finance»Toncoin (TON) Surges 5% Following Catchain 2.0 Launch That Cuts Block Speed to 400ms
    Finance

    Toncoin (TON) Surges 5% Following Catchain 2.0 Launch That Cuts Block Speed to 400ms

    Oli DaleBy Oli DaleApril 10, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Key Highlights

    • Catchain 2.0 goes live on TON blockchain, reducing block times to just 400 milliseconds
    • Toncoin’s value jumped more than 5%, reaching approximately $1.30 after the upgrade
    • Telegram founder Pavel Durov announced this as step one of his seven-phase “Make TON Great Again” strategy
    • Network inflation expected to climb from 0.6% to 3.6% annually due to accelerated block generation
    • Japanese exchange Rakuten Wallet scheduled to enable TON spot trading beginning April 15

    The value of Toncoin surged over 5% to approximately $1.30 following the activation of the TON blockchain’s Catchain 2.0 consensus mechanism. Telegram co-founder Pavel Durov made the announcement, highlighting a significant transformation in the network’s transaction processing capabilities.

    Toncoin (TON) Price
    Toncoin (TON) Price

    Prior to implementing this upgrade, the TON network required approximately 10 seconds to finalize transactions. Following Catchain 2.0’s deployment, block generation times have been reduced dramatically to 400 milliseconds. Payment confirmations now complete in about one second, while decentralized applications are anticipated to operate at speeds comparable to centralized alternatives.

    The TON blockchain just got upgraded and is now 10× faster.

    Block rate increased 6×.

    Transactions are now instant, subsecond.

    This was step 1 of 7 to Make TON Great Again (MTONGA).

    Next step: cut the already low transaction fees by 6×.

    — Pavel Durov (@durov) April 9, 2026

    Network validators conducted voting for the upgrade between April 8 and 9, 2026. Once the voting process concluded, Catchain 2.0 became operational across the network. Major exchanges including Binance and Bithumb performed wallet maintenance procedures during the week to accommodate the technical changes.

    The base chain block reward remains unchanged at 1.7 TON. Nevertheless, the significantly faster block production rate means validators will receive increased rewards during each validation cycle. This change is expected to push annual network inflation from approximately 0.6% up to 3.6%.

    Durov characterized this upgrade as the initial phase of a seven-part strategic plan. The subsequent phase will focus on reducing transaction costs, potentially lowering fees by approximately six times their current levels.

    Platform Growth and Adoption

    TON’s development extends beyond technical improvements. Rakuten Wallet revealed plans to list Toncoin for spot trading beginning April 15, 2026, providing Japanese retail traders access through a fully regulated exchange platform.

    The TON Foundation established a partnership with SCRYPT to deliver Swiss-regulated USDT accessibility on TON for corporate clients. Meanwhile, Fireblocks and Dynamic launched enterprise-grade wallet infrastructure specifically designed for Telegram-integrated financial services.

    Future milestones on the development calendar include the TON Teleport Bridge for Bitcoin interoperability and TON Pay 2.0, both scheduled for mid-2026 deployment.

    Technical Price Analysis

    Toncoin concluded trading near $1.2868 on the upgrade deployment date. The price action moved above all three lines of the Alligator indicator, positioned around $1.2620, $1.2509, and $1.2477. The MACD histogram shifted into positive territory as the MACD line crossed above its signal line.

    $TON long at $1.24—second target hit at $1.278. +3.39% in under 16 hours. Finora keeps these gains coming. 📈 https://t.co/Cr1PBsHiTh

    — Finora AI – Your Trade Buddy (@Finora_EN) April 9, 2026

    The immediate resistance level appears around $1.3168. A sustained break above this threshold could establish a path toward $1.34 to $1.36, with $1.40 as a longer-term target. Support levels are established near $1.25 to $1.26.

    Daily trading volume increased by more than 35% to reach $130.1 million. Toncoin’s total market capitalization stood at $3.17 billion at the time of analysis.

    Blockchain analytics platform Santiment observed that the top 100 Toncoin whale wallets have acquired an additional 189,730 TON tokens during the previous three months, despite the asset losing approximately two-thirds of its value since reaching a local peak in August 2025.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Oli Dale
    • Website

    Related Posts

    Solana (SOL) Approaches Critical Price Level as Network Surpasses $1 Trillion Milestone

    April 17, 2026

    XRP Consolidation Continues as Technical Indicators Signal Potential Breakout

    April 17, 2026

    US Treasury Transfers $606K in Bitcoin from Bitfinex Hack to Coinbase Prime

    April 17, 2026
    Leave A Reply Cancel Reply

    Breaking News
    Blockonomi

    Crypto News Just Turned Bullish: Coinbase CEO Brian Armstrong Calls a $60,000 Bitcoin Bottom While DOGE Holders Move to Pepeto

    Blockonomi
    Jun 16, 2026 9:27 PM
    Parameter

    CervoMed (CRVO) Stock Soars 32% on $3 Million Director Purchase

    Parameter
    Jun 16, 2026 8:27 PM
    Blockonomi

    CervoMed (CRVO) Surges 32% as Director Purchases $3 Million in Shares

    Blockonomi
    Jun 16, 2026 8:24 PM
    Moneycheck

    CervoMed (CRVO) Surges 32% Following Director’s $3 Million Stock Purchase

    Moneycheck
    Jun 16, 2026 8:24 PM
    Parameter

    Moderna (MRNA) Stock Surges 9% Following Positive FDA Assessment of mRNA Flu Vaccine

    Parameter
    Jun 16, 2026 8:20 PM
    Blockonomi

    Moderna (MRNA) Stock Surges 9% Following Positive FDA Review of mRNA Flu Vaccine

    Blockonomi
    Jun 16, 2026 8:17 PM
    Moneycheck

    Moderna (MRNA) Stock Surges 9% After FDA Gives Positive Signal on mRNA Flu Vaccine

    Moneycheck
    Jun 16, 2026 8:17 PM
    Coincentral

    CervoMed (CRVO) Stock Jumps 32% After Director Buys $3M – Time to Buy?

    Coincentral
    Jun 16, 2026 8:14 PM
    Parameter

    Palantir (PLTR) Stock Drops 2% Despite Wolfe Research Upgrade from Underperform

    Parameter
    Jun 16, 2026 8:13 PM
    Blockonomi

    Palantir (PLTR) Stock Drops 2% Despite Wolfe Research Upgrade to Peer Perform

    Blockonomi
    Jun 16, 2026 8:10 PM
    Moneycheck

    Palantir (PLTR) Stock Drops 2% Despite Wolfe Research Upgrade to Peer Perform

    Moneycheck
    Jun 16, 2026 8:10 PM
    Coincentral

    Moderna (MRNA) Stock Jumps 9% as FDA Clears Key Hurdle for mRNA Flu Shot

    Coincentral
    Jun 16, 2026 8:06 PM
    Coincentral

    Palantir (PLTR) Stock Falls 2% Even After Getting a Wall Street Upgrade

    Coincentral
    Jun 16, 2026 8:01 PM
    Blockonomi

    Anchorage Digital Unlocks New SWEEP Infrastructure for Institutions

    Blockonomi
    Jun 16, 2026 7:16 PM
    Parameter

    Alphabet (GOOG) Stock: Rises as Google Expands Android 17 Parental Controls

    Parameter
    Jun 16, 2026 7:13 PM
    Facebook X (Twitter) Instagram Pinterest
    ScoopSquare24

    Copyright © 2013 - 2026 Kooc Media Ltd. All rights reserved. Registered Company No.05695741
    Our Sites: FlowPresets / GardenBeast / GolfMonster / Blockonomi / Money Check / CoinCentral / Parameter / Circlo / Computing.net

    Type above and press Enter to search. Press Esc to cancel.