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The cryptocurrency market remains shaky after Wednesday’s plunge threatened a Bitcoin move below $60,000. Telegram-based Toncoin (TON) joined the downside, approaching its crucial support floor at $5. Meanwhile, ecosystem stats suggest renewed growth for the Toncoin blockchain, which could be crucial in absorbing the prevailing selling momentum for solid TON price recovery. Artemis data shows TON’s stablecoin supply soared remarkably in the past few months, growing 13x since April 2024 and 25% since French regulators arrested Telegram founder Pavel Durov. The metric stands well above $760 mill…

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