Telegram has kicked off 2025 with a groundbreaking update, introducing third-party verification and NFT gifting features.
Toncoin holders are optimistic that these developments could increase demand and boost the cryptocurrency’s price.
Telegram Unveils NFT Gifts
According to CoinGape, verified accounts authorized by reputable organizations now display unique icons, enhancing security and reducing misinformation on the platform. Moreover, Telegram users can now transform digital gifts into NFTs, which can be traded across various platforms. This move underscores Telegram’s commitment to blockchain innovation and improving user experience, which has also positively impacted Toncoin’s value.
Verified Accounts and Enhanced Security
Prominent organizations, such as educational institutions or regulatory bodies, can now verify their Telegram accounts. These verified accounts are marked with a distinctive icon that differs from the traditional blue checkmark, ensuring greater transparency and security. To achieve this verification, accounts must undergo a rigorous identity verification process, with verification managed through the Bot API.
NFT Gifts with Custom Features
Telegram’s update enables users to convert digital gifts into NFTs with customizable icons and backgrounds. These gifts can be sent using Telegram Stars, which are available for purchase in-app or through the Fragment platform using TON wallets. These NFTs are tradeable on multiple platforms, with Telegram charging a minimal fee to cover blockchain transaction costs.
Toncoin Price Trends
Currently, Toncoin is trading at approximately $5.60, having experienced a 20% decline over the past month. While Toncoin saw a slight uptick following the update and Bitcoin’s price increase, it has been range-bound between $4 and $8 without any significant upward or downward trends. Despite the introduction of new Telegram and TON Network services, Toncoin has yet to break out of this range.
This update demonstrates Telegram’s dedication to integrating blockchain technology into its platform and could pave the way for increased adoption of Toncoin and related services in the future.
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