【Block Rhythm】Regarding the holding issue of Telegram TON tokens, there's a detail worth noting. The chairman of TONX, a TON treasury company listed on NASDAQ, recently clarified some key information: All TON tokens sold by Telegram have a four-year vesting period set, meaning the tokens cannot immediately flow into the market.
What's more interesting is that the TON tokens sold by Telegram were mainly bought by TONX company itself—this company is using these tokens for long-term holdings and staking.
From revenue data, Telegram's .7 billion in revenue in the first half of the year includes significant contributions from the TON ecosystem, with year-on-year growth of 65%. Although Telegram has sold more than .5 billion worth of TON, the chairman emphasized a key point: Telegram's own net TON holdings have not decreased significantly, and may even be increasing.