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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a move reflecting escalating regulatory and legal pressure on encrypted communication platforms, the TON ecosystem faced immediate selling pressure. According to reports, Russian authorities have officially charged Telegram founder Pavel Durov with aiding terrorist activities. This escalation against the central figure of the token's ecosystem has triggered investor concerns regarding the future of the platform and the stability of its linked digital assets.
Markets reacted negatively to the news, with the GRAM token (formerly known as TON) falling by 3% to test a technical support level at $1.37. This decline follows allegations from the Russian Federal Security Service regarding the platform's failure to remove content used by extremist groups, placing the token under sustained selling pressure that has pushed it below key price averages according to analyst data.
Looking ahead, traders are monitoring the $1.37 support level as a critical barrier to prevent further declines toward the $1.30 range, though specific real-time price data is unavailable in the database as of July 29, 2026. With no major crypto-specific catalysts in the immediate economic calendar, market focus will remain on any further legal developments regarding Durov's status as the primary driver for price direction.