TON just surged 36%. Telegram took control.

TON just surged 36%. Telegram took control.

From Token Metrics Daily Pulse by Token Metrics

May 5, 2026 · 8 min

About this episode

The episode discusses the recent surge of TON by 36% after Telegram took control of its network and the current state of BTC and crypto investments.

BTC holds $81K after absorbing $200M in profit-taking. Fear & Greed jumped 10 points to 50. TON up 36% after Telegram seized control of its own chain. The rally that wasn't supposed to happen is still happening. Today's key developments: • TON surged 36% in 24 hours after Telegram announced it will take direct control of the network, becoming its largest validator and replacing the TON Foundation. • BTC hit $81K while funding rates have been negative for 66 consecutive days - the longest streak of shorts paying longs in this cycle. • Andreessen Horowitz closed a $2.2 billion crypto fund - their fifth - saying crypto fundamentals are at an all-time high. 📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/ton-just-surged-36-telegram-took-control-may-5-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast 🔔 Subscribe for daily crypto market updates! ⚠️ Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research. #crypto #bitcoin #ethereum #dailypulse #tokenmetrics Sign up for the Daily Pulse at tokenmetrics.com

Topics covered

  • cryptocurrency
  • market analysis
  • TON
  • Telegram
  • BTC
  • investing

Keywords

  • TON
  • Telegram
  • BTC
  • crypto market
  • Andreessen Horowitz
  • investment

Mentioned in this episode

Organizations: Telegram, TON Foundation, Andreessen Horowitz

Products: BTC

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