Toncoin (TON) price surged to $5.36 with a gain of 3.04%, showing positive momentum. This happened after the launch of Telegram Mini App TADA in partnership with the TON Foundation.

The application supports booking trips and payments via Toncoin or USDt-TON in Telegram. This is a big step towards implementing Web3 in everyday applications. This development has led to an increase in the use of TON, thus proving its importance in real-world transactions.

TON’s market capitalization has risen by 2.27%, reflecting people’s interest in this new application. The growth in market capitalization shows that investors are increasingly confident in the enhancement of TON’s functions and applications and its prospects for wider application.

Applications drive TON price adoption

The TADA Mini app is integrated with Telegram, making payments even simpler, allowing users to pay for ride-hailing services through Telegram. The app makes TON or USDt-TON payments easier and more efficient, thus increasing the usage of Toncoin.

From the chart, TON price showed a clear bullish trend, with the price rising from a low of $5.20. It rose to a high of $5.45 and then stabilized at $5.36. This reflects that the response to this consolidation was generally stable and positive.

Helping the TON ecosystem grow

Another important development is the launch of Notcoin’s Triangle accelerator. This is a Web3 play based on Telegram, in collaboration with other major industry stakeholders. The initiative is supported by 1inch and authentication protocol Sign. It aims to promote the development of the TON and Telegram ecosystems.

The accelerator will focus on improving the usability of TON applications. It will also encourage the development of more mini-applications that integrate Web2 and Web3 functions. Some of the top mentors at Triangle include Xin Yan, CEO of Sign, Anton Bukov, co-founder of 1inch, and many other people from the industry.

By leveraging the Telegram audience, the accelerator hopes to familiarize millions of users with Web3 technologies through fun and easy-to-understand applications. This will help TON achieve faster growth as more innovation will occur in the ecosystem.

TON blockchain continues to develop independently

TON was originally created by Telegram. After a legal dispute with the SEC forced the two to separate, the project has been gaining momentum. Although Telegram has officially distanced itself from TON, TON has become one of the most popular blockchain projects this year.

The coin has now become one of the top ten cryptocurrencies by market capitalization, mainly due to its growing use in the Telegram gaming and application environment.

TON’s growth is fueled by ongoing collaborations with key industry players and the release of new easy-to-use applications. These developments indicate that TON’s growth trajectory is strong and positions it to become a key player in the evolving digital economy.