Toncoin (TON), the native token of The Open Network associated with Telegram, had a big price jump on Saturday after a major partnership with the UAE was announced. The 10-year "golden visas" are up for grabs if you invest $100,000 worth of TON in three years. Of course, the crypto market was quick to pick up on this, and TON's price went through the roof.

The golden visa deal lets applicants keep full custody of their crypto while earning a 3-4% annual yield (APY) during the lockup period. TON stays in the user's wallet and is staked via a smart contract on the blockchain.

You Might Also Like
Wed, 06/25/2025 - 15:26 Toncoin to $4? Massive 2.98 Billion TON Tokens Sit in Supply Zones ByTomiwabold Olajide
HOT Stories Telegram's Toncoin (TON) Price Skyrockets Thanks to Major Golden Visa Deal With UAE Satoshi’s Bitcoin Mining Costs Were Shockingly Low, Cardano Co-Founder Reveals Satoshi Era BTC Wallet Rumor Shut Down by Coinbase Director: Details Ripple CTO Reveals How Many Bitcoins He Has Mined

This means the funds are never handed over to a third party. The visa also covers spouses, children and even parents, and there's no extra fee besides the standard $35,000 UAE application cost.

Toncoin (TON) Price by CoinMarketCap

The markets reacted right away. Soon after the official announcement, Toncoin's price shot up from under $2.75 to almost $3.08, which is a 12% spike on the chart. According to chart, it was the biggest hourly candle the token has seen in weeks. It reversed a multi-day downtrend and pushed TON back toward key resistance zones.

The program also offers a relatively fast processing time of under seven weeks, making it one of the most efficient crypto-immigration offers available. The whole process is managed through a decentralized smart contract on TON's native chain.

You Might Also Like
Mon, 04/21/2025 - 11:48 Crucial Warning Issued by Telegram's Durov, Addressing Global Community ByYuri Molchan

As more countries look into crypto-based immigration solutions, TON's early mover advantage with the UAE could be key, especially with Telegram's size and the growing interest in self-sovereign digital identity linked to real-world benefits.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。