š TON Long Game Revealed: Telegram & TONX Are Playing the 4-Year Strategy
Big clarity just dropped around $TON supply and long-term commitment.
Manuel Stotz, Chairman of TONX (the Nasdaq-listed $TON treasury company), confirmed that every TON token sold by Telegram is locked under a strict 4-year vesting schedule. This means no sudden unlocks, no surprise sell pressure.
Even more interesting š The main buyer of Telegramās TON sales is TONX itself, and the plan isnāt flipping ā itās holding and staking for the long term.
š Why this matters
Telegram generated $870M in revenue in the first half of the year, up 65% YoY
A major driver of that growth? The TON ecosystem
Telegram has sold $450M+ worth of TON, yet
Net TON holdings havenāt meaningfully dropped ā they may have increased
š§ Market takeaway This isnāt distribution for exit liquidity. Itās structured allocation with long-term alignment between Telegram, TONX, and the TON network.
With revenue growth, extended vesting, and institutional-grade holding behavior, TON continues to strengthen its fundamentals beyond hype.
š Long-term builders are watching closely. Are you?
DYOR No Financial advice!
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