Toncoin (TON), the native cryptocurrency of The Open Network (TON) and closely tied to Telegram, saw a sharp price rally after the UAE unveiled a groundbreaking crypto-immigration deal. Investors who commit $100,000 worth of TON over three years are now eligible for a 10-year UAE golden visa. The program, launched in partnership with Telegram’s TON ecosystem, allows investors to retain full custody of their crypto assets while earning an annual yield of 3–4% through staking via smart contracts.
Unlike traditional visa programs, applicants stake their TON tokens without handing them over to a third party. The funds remain in their wallets, locked on-chain, offering both security and yield. The golden visa also extends to immediate family members, including spouses, children, and parents. Aside from the standard $35,000 application fee, no additional charges apply. Processing is fast—typically under seven weeks—making it one of the most efficient crypto-powered residency offers globally.
Following the announcement, TON surged from below $2.75 to nearly $3.08, a 12% increase, marking its strongest hourly candle in weeks and reversing a multi-day downtrend. Analysts note this move pushed TON toward key resistance levels, reigniting bullish sentiment.
This UAE-TON collaboration signals a growing trend of nations exploring blockchain-based immigration and digital identity solutions. With Telegram’s global reach and TON’s smart contract capabilities, the project holds a strong first-mover advantage in merging crypto with real-world residency benefits. As the demand for self-sovereign identity and crypto utility grows, Toncoin’s role in bridging the gap between digital assets and government programs could set a precedent for future Web3-integrated immigration models.
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