TON just surged 36%. Telegram took control.

BTC holds $81K after absorbing $200M in profit-taking. Fear & Greed jumped 10 points to 50. TON up 36% after Telegram seized control of its own chain. The rally that wasn't supposed to happen is still happening.

Today's key developments:
• TON surged 36% in 24 hours after Telegram announced it will take direct control of the network, becoming its largest validator and replacing the TON Foundation.
• BTC hit $81K while funding rates have been negative for 66 consecutive days - the longest streak of shorts paying longs in this cycle.
• Andreessen Horowitz closed a $2.2 billion crypto fund - their fifth - saying crypto fundamentals are at an all-time high.


📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/ton-just-surged-36-telegram-took-control-may-5-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast

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