Telegram Rejects EU Censorship Request, Boosts TON Rally and Investor Confidence in Privacy-Focused Altcoins
Telegram CEO Pavel Durov has revealed that a Western European government, likely France, requested Telegram to censor right-wing political channels ahead of the Romanian presidential election, a request the company refused. Durov accused the government of interfering with Romania’s election, reaffirming Telegram’s commitment to free speech and neutrality. This strong stance on privacy influenced Toncoin (TON), Telegram’s native token, causing its price to surge nearly 5% from $3.04 to $3.19, as market confidence in Telegram’s platform with one billion users grew. Despite this, TON remains below its June 2024 high of $8.17. The incident also increased attention on privacy-focused crypto projects, boosting interest in Solaxy (SOLX)—a Solana Layer 2 project—and Best Wallet Token (BEST), a no-KYC crypto wallet, both in their presale phases. The news signals bullish sentiment for privacy and freedom-aligned cryptocurrencies, but traders are reminded that crypto markets remain volatile and should conduct due diligence.
Bullish
Telegram’s rejection of a censorship request from a major EU government has reinforced its commitment to privacy and free speech, resonating strongly with the crypto community. This stance led to a near 5% rally in Toncoin (TON), demonstrating renewed investor confidence in privacy-focused crypto projects. The incident has also put a spotlight on similar altcoins like SOLX and BEST. While short-term bullish momentum is evident due to Telegram’s principled stand and growing user base, traders are advised to stay cautious in light of ongoing market volatility and TON’s distance from previous highs.