TON Defies Instability: Recovers Above $5 Amid DOGS Airdrop and Network Outages Toncoin (TON) continues its upward trajectory despite recent setbacks. The arrest of Telegram co-founder Pavel Durov in late August did not derail its progress. Toncoin demonstrated notable resilience even during two network outages that occurred during the distribution of the DOGS token. The cryptocurrency has expanded and has reached more than 7 million active monthly users. Despite being lower than Base’s 15 million users, Toncoin has outpaced Arbitrum, which saw its user base shrink from 9. 8 million to 2. 9 million. Despite the inability to integrate with the Ethereum Virtual Machine (EVM) and, hence, not being able to tap into the Ethereum market, Toncoin has been able to stand on its own as an independent layer-1 network.