**Toncoin Faces Volatility Amid Durov's Arrest and Blockchain Outage**

Toncoin, the native cryptocurrency of the TON Blockchain, has experienced significant price fluctuations following the arrest of Telegram CEO Pavel Durov in France. The arrest led to a 5% surge in Toncoin's price, driven by community support and a global petition for Durov's release. However, the coin had previously dropped over 18% due to uncertainty surrounding Durov's fate.

Compounding the issue, the TON Blockchain faced a major outage caused by network congestion from a memecoin airdrop. Although the outage was resolved, Toncoin's price dipped 1.33% to $5.33, adding to investor anxiety.

The situation has geopolitical implications, as the UAE, where Durov has strong ties, suspended a $10 billion order for French fighter jets in response to his detention. This diplomatic tension adds another layer of uncertainty for Toncoin.

Despite these challenges, there is cautious optimism. The blockchain's quick recovery and strong community support suggest potential resilience. Speculation about Durov's release by September has fueled investor hope, with betting markets giving him a 71% chance of being freed by month-end. The coming weeks will be crucial in determining Toncoin's trajectory amidst ongoing legal and geopolitical developments.