According to Telegram's CEO, Pavel Durov, the social network has paid off a significant part of its US$2 billion debt and is profitable for the first time. It has also surpassed US$1 billion in total revenue in 2024 and has more than US$500 million in cash and cryptocurrency reserves.
This is good news for cryptocurrency #TON in the long term, which is currently holding at US$5 per coin. I estimate that by 2025 this cryptocurrency could rise to US$10 and surpass its all-time high of US$8. I warn that I hold TON due to the advertising that Telegram publishes on my channel.