Toncoin (TON) Breaks Out with UAE Golden Visa Program

Toncoin (TON), a cryptocurrency originally incubated by Telegram, has experienced a significant surge in its value following the announcement of a blockchain-based residency program in the United Arab Emirates (UAE). This strategic move has positioned TON as one of today’s top-performing cryptocurrencies, alongside BONK, which also saw a 20% increase.

UAE Golden Visa Program

Toncoin has unveiled an exclusive partnership with the UAE to offer users a path to the coveted 10-year UAE Golden Visa through crypto staking. The program requires users to stake $100,000 in TON tokens for three years. This initiative is part of a broader effort to integrate blockchain technology into residency programs, providing a novel approach to immigration and residency.

Market Reaction

The announcement has led to a notable increase in TON’s price, with a 12% rise within a 30-minute timeframe, pushing its value above 3 USDT. This surge is a significant development for TON, which had been trading at a close price of 2.74706 as of July 4, 2025. The cryptocurrency’s market capitalization stands at approximately $6.74 billion.

Strategic Partnerships and Developments

In addition to the UAE Golden Visa program, Toncoin has been actively expanding its ecosystem. The Open Network (TON) recently raised $28.5 million, marking it as the first unicorn in its category. This funding round, led by Ribbit Capital and joined by Pantera Capital, was conducted entirely in equity, highlighting investor confidence in TON’s long-term potential.

Long-Term Potential

Toncoin is recognized as one of the top cryptocurrencies for long-term investment, alongside BlockDAG, XRP, and SEI. Its strong fundamentals, active development, and real-world applications position it as a promising asset for investors looking to build a resilient portfolio.

Conclusion

The launch of the UAE Golden Visa program through TON staking has significantly boosted the cryptocurrency’s profile and market performance. As Toncoin continues to expand its partnerships and ecosystem, it remains a key player in the crypto space, offering both immediate opportunities and long-term potential for investors.