**News Flash: TON Network Back Online After Major Outages**
The Open Network (TON) has resumed operations after experiencing two significant outages within 36 hours. The network was down from 7:17 pm on Aug. 28 to around 1 am UTC on Aug. 29, following a previous six-hour outage on Aug. 27. Both disruptions were attributed to a surge in activity from the launch of a new memecoin, Dogs (DOGS).
- **Network Status**: Fully operational
- **Outage Duration**: Over 12 hours in total
- **Cause**: High activity due to DOGS memecoin
- **Impact**: $1.7 billion trading volume in 10 hours
Toncoin's price has risen 8% post-recovery but remains down 17% over the past week.