Money and business

Dorov’s return returns hope to “Tun Quinn” .. Will the digital currency restore its luster?

The news of the restoration of Telegram Paville Dorov’s restoration of his freedom has caused great attention to the digital currency market, as it is one of the first initiators of the Ton Quinn project, so his movements may have a significant impact on the future of this digital currency.

In this article, we review the potential effects of Dorov’s restoration of his freedom on Ton Quinn (by analyzing its technical advantages and performance in the market, the development of its environmental system, and the possibility of achieving a future price mutation.

Ton Quinn’s trip since its inception

Tun Quinn was initially developed by the Telegram team led by Pavel Dorov with the aim of creating a blockchain platform that supports payments, storage, communications, etc., but the project faced early organizational challenges that led to a path full of obstacles as shown in the following table:

Sunnah

Juvenile

2017

Issuing the technical document for the Telegram Oben Network project (TON).

2018

ICO first sale and $ 1.7 billion.

2019

The US Securities Authority (SEC) is sued Telegram for the unregistered sale of digital symbols.

2020

Telegram stopped developing the project as a result of organizational pressures, but independent developers received the project and renamed the Open Network, which led to Ton Quinn’s entry into the markets.

2021

The developer community builds various applications and services such as Defi and NFT markets.

2023

Tone Quinn has become a major payment tool within the Telegram system.

I Hu Bafil Dorov?

Pavel Dorov was famous for being a Russian businessman and programmer founded the social network “VK” and the Telegram application, and he had widespread support for his supportive stances of freedom of expression and protection of privacy.

A comparison between Ton Quinn (TON) and Solana (Sol)

Like Solana, Tone Quinn is one of the strong emerging projects in the field of blockchain, as it is characterized by a high technical performance in terms of expansion, speed and safety, but it differs from Solana in some aspects, as shows the following table:

Feature

You Queen (TON)

Solana (SOL)

Network structure

It depends on a multi -layer mesh structure that balances decentralization and centralization.

It depends on a single blockchain structure that enhances efficiency and speed of treatment.

Smart contracts

Supports smart contracts and enhances various decentralization applications.

It is highly efficient in operating smart contracts with a large number of decentralized applications already on the platform.

Safety

Use an advanced encryption to protect data and transactions.

It depends on the “Proof of History” mechanism to enhance safety and transparency.

Expansion

It depends on retail to treat huge amounts of transactions.

Historical data and multiple interconnection techniques are used to increase absorptive capacity.

Transactions speed

Provides a semi -immediate confirmation of transactions.

It processes more than 65,000 transactions per second.

The cost of transactions

Low fees, which makes it suitable for daily small payments.

A few fees are about a few cents, supports frequent transactions.

The performance of the highly efficient Tone Quinn and its low cost makes it preferred for developers as it attracts many projects in the fields of financing, art, games and social networks, as shows the following table:

Use

Examples

Conservative

MyTonWallet، Spintria Wallet، Tonkeeper، TON Wallet WEB

Trading

Crypto Bot، DeDust، StonFi، Neocrypto، Rainbow Swap

Freezing

Stakee، Hipo، Bemo، TON Validators

NFT Markets

Market App، Fragment، TON Diamonds

Games

MineX، Major، #Memhash، Notcoin، PunkCity

Social networks

Ton.Place، Community، Tribute، 4riends

Others

TON DNS ، MOBILE ، TONRAFFLES ، tone starter

According to the DEFILLALAA data, Ton Quinn has 57 protocols, ranked 29 among all public blockchain networks, and the closed total value (TVL) has $ 181 million, which places it in 31th and although it has not yet become a pioneer but it has a medium position in the market.

As for the market value, it is $ 8.5 billion, superior to the steel (XLM), LTC, and AVAX (AVAX) to occupy the 13th position among digital currencies.

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And when it was launched in 2021, its price was about $ 0.5, but it jumped to 5 dollars in the second half of the year thanks to the flourishing of the Defi and NFT, and in 2022 the market corrections led to its decline for about $ 1, and in 2023 the market improved with the development of Tun Quinn technologies, which made its price settles between 2 and 3 dollars, and in 2024 exceeding 8 dollars before it landed to $ 2.5 after the arrest of Dorov but now it is now It rises above $ 3.

Dorov's return restores hope for "Tun Quinn"Do the digital currency regain its luster?

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How can the release of Pavel Dorov affect Tun Quinn?

Tone Queen increased by more than 20% in one day after announcing Dorouf’s restoration of his freedom, due to the following factors:

Technology Innovation: Dorov can now participate actively in developing Tun Quinn technology, which may accelerate the development of the project.

Environmental expansion: Dorouf may attract more developers, which enhances the development of decentralized applications and NFT projects.

Organizational compliance: The Tone Quinn community is likely to focus on compliance with the laws, which may help it in cooperation with global regulatory authorities.

Market morale improves: Durov’s movements arouse the attention of the media, which increases the awareness and enthusiasm of investors towards Tun Quinn.

Promoting societal reaction: Dorov may revitalize the Telegram community, which enhances the adoption of Tun Quinn thanks to its close association with the platform.

Ton Quinn (TON) has a strong standing as a blockchain platform that focuses on payments, communications, etc., although it has not yet reached the summit, the restoration of Pavel Dorov to his freedom may accelerate its growth, enhance technical developments and restore investor confidence, which may open broad horizons in the digital currency market.

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