TON HITS RECORD TRANSACTION HIGHS POST-DUROV ARREST WHILE TOKEN PRICE PLUMMETS 30%

Summary from the TLDR Crypto newsletter

The TON network saw a sharp rise in activity following Telegram founder Pavel Durov's arrest, with daily transactions spiking by over 160% and active addresses hitting record highs. Despite this surge in usage, the TON token's price has plummeted by 30%, likely influenced by both the arrest and broader market conditions.