Here's a rewritten version of the news:

"TON Network Experiences Outage Amidst Surge in Trading Activity

The Telegram Open Network (TON) has come to a standstill, with no new blocks being produced for over three hours. This sudden outage follows a frenzy of trading activity centered around a new memecoin called DOGS.

The network's inability to produce new blocks has raised concerns, and the TON team has yet to comment on the issue. The outage occurs after DOGS memecoin witnessed a massive trading volume of $1.7 billion within its first ten hours of launch, reaching a peak market capitalization of $891 million.

The unexpected surge in trading activity is believed to have contributed to the network's outage, leaving users wondering when the issue will be resolved."