TON Surges to $2.5672, DOGS Jumps Over 50% on May 7 as Telegram Pledges Support

According to BlockBeats, TON surged to $2.5672 with a gain exceeding 5% in one hour on the morning of May 7, while ecosystem tokens rallied broadly. DOGS jumped over 50% in two hours, with NOT, HMSTR, and CATI also posting significant gains.

The rally follows Pavel Durov's announcement on Telegram's official channel that Telegram will replace the TON Foundation as the driving force behind TON and become its largest validator.