Esports News
The TON Foundation, the blockchain organization associated with the messaging giant Telegram, is preparing for a significant U.S. expansion.
Riding the wave of anticipated pro-crypto policies under Donald Trump’s administration, the foundation has set its sights on tapping into the lucrative and rapidly growing American crypto market.
With a user base of 950 million Telegram users, TON’s blockchain platform is already enabling seamless in-app payments and gaming through its native token, Toncoin. The planned expansion signals the foundation’s ambition to position itself as a leader in the blockchain ecosystem.
Donald Trump’s administration has vowed to make the U.S. a global hub for digital assets, unveiling plans that include creating a Bitcoin strategic reserve and fostering a friendlier regulatory environment for blockchain innovation. For TON, this could provide the ideal conditions to thrive.
In a recent post, the TON Foundation expressed growing optimism about expanding into the U.S. under Trump presidency.
In fact, the crypto community has also shown their enthusiasm. According to a recent report, Circle, the stablecoin issuer, recently announced a $1 million USDC donation to Trump’s inaugural fund.
As part of its U.S. growth strategy, the TON Foundation has appointed Manuel Stotz as its new president. Stotz, the founder of Kingsway Capital, brings a wealth of experience in investment and blockchain technology. His leadership is expected to play a pivotal role in establishing TON as a major player in the U.S. market.
Stotz emphasized the unique position of TON in the blockchain revolution, stating:
"TON is uniquely positioned to lead the blockchain revolution. I look forward to working with our partners and stakeholders to accelerate this mission—especially in the dynamic and innovative U.S. market."
At the heart of the TON blockchain lies Toncoin, its native cryptocurrency. Toncoin facilitates in-app payments and gaming for millions of Telegram users, making it an essential component of the network.
The planned U.S. expansion is expected to significantly boost Toncoin’s utility and adoption, thanks to a more favorable regulatory climate.
Currently, Toncoin is priced at $5.35, reflecting a 3% increase in the past 24 hours. Its market capitalization stands at $13.59 billion, with a 24-hour trading volume of $183.69 million at the time of writing. As the foundation’s U.S. ambitions unfold, Toncoin is well-positioned to grow alongside the ecosystem.
With the TON Foundation’s bold U.S. expansion plans, a pro-crypto regulatory environment, and strong leadership in place, the network is poised for transformative growth. As the foundation takes its next steps, all eyes will be on how TON reshapes the blockchain landscape in the U.S.
At Rivalry, we go beyond online gambling. Whether you're exploring the latest altcoins or farming Rivalry's own $NUTZ token—created to bring real-world utility—we’ve got the guts (and the nuts) to help you make smarter moves.
Curious about the latest price predictions or need a crash course in crypto? Head to our blog page for everything from beginner crypto to the latest moves. Here’s a sneak peek of what’s waiting for you:
Stay connected by following our socials: X | Discord | Website | TG