TON Strategy Company Highlights TON Network Performance Upgrade, Lower Transaction Fees and April Staking Uplift
Rhea-AI Summary
TON Strategy (Nasdaq: TONX) highlighted The Open Network's Catchain 2.0 upgrade and related staking effects on May 5, 2026. The upgrade cut block times from ~2.5s to ~400ms and improved throughput ~10x, while transaction finality fell from ~10s to ~1s. Transaction fees were reduced ~6x to about $0.0005 per transaction. TON Strategy said it supported the fee change via governance and reported April gross staking rewards were >3.5x March, noting those April rewards are preliminary and unaudited. The company has ~220 million TON staked and says it is evaluating capital allocation between staking and infrastructure to support long-term per-share value.
AI-generated analysis. Not financial advice.
Positive
- Block time reduced to ~400 milliseconds (Catchain 2.0)
- Throughput increased by an estimated 10x
- Transaction fees reduced ~6x to ~$0.0005 per tx
- April staking rewards >3.5x March (preliminary)
- ~220 million TON staked by TON Strategy
Negative
- Lower fees may modestly reduce validator fee-based income
- April gross staking rewards are preliminary and unaudited
News Market Reaction – TONX
On the day this news was published, TONX gained 27.27%, reflecting a significant positive market reaction. Argus tracked a peak move of +41.1% during that session. Our momentum scanner triggered 40 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $39M to the company's valuation, bringing the market cap to $183.44M at that time. Trading volume was elevated at 2.8x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Sector scanner data flags only DSP, moving -8.05% without news, while TONX’s momentum flag is "up" and its price change is modestly negative. With no peers moving in the same direction and no same‑day peer headlines, recent trading appears stock‑specific rather than a broad software or digital‑asset sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| May 01 | Conference call setup | Neutral | +4.4% | Announcement of Q1 2026 results conference call and access details. |
| Apr 16 | CEO appointment | Positive | -7.3% | Appointment of Kevin Wilson as CEO with fintech and markets background. |
| Mar 31 | Full-year earnings | Neutral | +0.8% | Report of 2025 results, Toncoin holdings, revenue and net loss on crypto. |
| Mar 17 | Conference call setup | Neutral | -2.7% | Scheduling of Q4 and full-year 2025 earnings conference call. |
| Jan 28 | Leadership transition | Neutral | +0.4% | Planned CEO transition, board expansion, and continued Toncoin strategy. |
Recent news has often produced modest price moves, with one notable divergence on a CEO appointment.
Over the last six months, TON Strategy reported full‑year 2025 results, multiple conference call schedules, leadership transitions and a new CEO. The 2025 results highlighted Toncoin treasury scale and both gains and losses on crypto assets, while governance updates and conference calls supported communication with shareholders. Price reactions around these events were generally modest (within single digits), suggesting the market has treated most disclosures as incremental rather than thesis‑changing. Today’s network performance and staking update fits into this broader Toncoin‑focused strategy.
Market Pulse Summary
The stock surged +27.3% in the session following this news. A strong positive reaction aligns with the article’s focus on faster block times, lower fees and a more than 3.5x uplift in April gross staking rewards. Historically, TONX’s news-driven moves have mostly been single‑digit, with only one clear divergence around a CEO appointment. Investors would still need to weigh past regulatory items and insider sales from late 2025 when assessing how durable any sharp upside might be.
Key Terms
consensus upgrade technical
transaction finality technical
decentralized finance technical
staking rewards financial
validator technical
governance participation regulatory
agentic AI technical
fixed-fee model financial
AI-generated analysis. Not financial advice.
Company supported network fee reduction designed to encourage higher transaction volumes; April gross staking rewards were more than 3.5x higher than March
LAS VEGAS, May 05, 2026 (GLOBE NEWSWIRE) -- TON Strategy Company (“TON Strategy” or the “Company”) (Nasdaq: TONX), a digital asset treasury company dedicated to holding Toncoin ($TON), today highlighted recent upgrades to The Open Network (“TON”) and the associated impact on network performance and staking economics.
In April, TON deployed its Catchain 2.0 consensus upgrade, reducing block times from approximately 2.5 seconds to approximately 400 milliseconds and increasing throughput by an estimated 10x. In practice, the upgrade allows the network to process transactions faster and support more activity at scale. Transaction finality also improved meaningfully, with settlement times reduced from approximately 10 seconds to approximately 1 second.
Taken together, these changes improve the network’s ability to support faster, real-time applications across payments, decentralized finance, gaming, agentic AI, and Telegram-based ecosystems.
Separately, the network implemented a reduction in transaction fees of approximately 6x, lowering average costs to roughly
From an economic standpoint, the upgrades also improved validator efficiency in the near term, as TON Strategy’s gross staking rewards increased by more than 3.5x in April compared to March.* Through its staking infrastructure and service provider relationships, TON Strategy was well positioned to capture this increase during April.
Kevin Wilson, CEO of TON Strategy, stated: “I’m thrilled to be joining TONX at such a pivotal moment for The Open Network. While we provide U.S. public market exposure to Toncoin, our value-add to investors and the ecosystem extends well beyond that through staking activities. TONX is a meaningful participant in the network’s infrastructure layer, with over 220 million TON staked to help secure, validate, and scale the protocol. We view ourselves not simply as holders of the asset, but as active contributors to the network’s long-term development and resilience.”
“Performance matters for emerging use cases on TON such as agentic AI. Lower transaction fees and sub-second finality can make TON more economically attractive for developers building AI agents through the Telegram front end.”
The Company continues to evaluate how it allocates capital across staking and related infrastructure in order to support the network while driving long-term value on a per-share basis.
*April gross staking rewards are preliminary, unaudited and subject to adjustment.
About TON Strategy Company
TON Strategy Company (Nasdaq: TONX) is focused on the accumulation of $TON – the native cryptocurrency of Telegram’s billion-user platform – for long-term investment, whether acquired through deployment of proceeds from capital raising activity, staking rewards or via open market purchases. The Company aims to steadily expand its $TON holdings, stake $TON, and support the development of a tokenized economy inside Telegram.
In addition, the Company continues to operate legacy business units, including MARKET.live, a multi-vendor livestream shopping platform, and LyveCom, an AI-powered social commerce innovator that enables brands and merchants to deliver omnichannel livestream shopping experiences across websites, apps, and social platforms.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements other than statements of historical fact contained in this press release should be considered forward-looking statements, including, but not limited to, statements regarding: our business and growth strategy; the expected benefit of the TON blockchain and Toncoin ecosystem; market growth; and benefit to shareholders. Certain staking-related metrics referenced in this press release, including April gross staking rewards, are preliminary, unaudited and subject to adjustment. Without limiting the foregoing, in some cases, you can identify forward-looking statements by terms such as “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words.
Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: our incursion of significant net losses and uncertainty whether we will achieve or maintain profitable operations; our ability to grow and compete in the future, and to execute our business strategy; our decision to implement a cryptocurrency treasury strategy, whereby we acquire Toncoin, the native cryptocurrency of The Open Network (“TON”) blockchain and our dependence on TON and Toncoin as a result of this strategy; our ability to maintain and expand our customer base and to convince our customers to increase the use of our services and/or platform; our financial results and the market price of our common stock may be affected by the price of Toncoin, and our Toncoin holdings will be less liquid than cash and cash equivalents; changes in the broader digital asset regulatory landscape and as it relates to TON and Toncoin and our failure to comply with applicable regulatory requirements and risks related to any actions we may take to prevent or correct such failure; the availability of opportunities to stake Toncoin; our ability to maintain and expand our customer base and to convince our customers to increase the use of our services and/or platform; the competitive market in which we operate; our ability to increase the number of our strategic relationships or grow the revenues received from our current strategic relationships; our ability to develop existing services or acceptable new services that keep pace with technological developments; our ability to successfully launch new product platforms, including MARKET.live, the rate of adoption of these platforms and the revenue generated from these platforms; our ability to deliver our services, as we depend on third party providers; our ability to attract and retain qualified management personnel; our susceptibility to cybersecurity incidents and other disruptions, particularly as it relates to our holdings of Toncoin; our ability to maintain compliance with the listing requirements of the Nasdaq Capital Market; the impact of, and our ability to operate our business and effectively manage our growth under evolving and uncertain global economic, political, and social trends, including legislation banning or otherwise hampering the digital asset landscape, inflation, rising interest rates, and recessionary concerns; and other important factors discussed in the section entitled “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as any such factors may be updated from time to time in our other filings with the SEC, which is accessible on the SEC’s website at www.sec.gov and our Investor Relations page on our website at www.tonstrat.com/shareholders.
Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. The forward-looking statements in this press release are based on information available to us as of the date hereof, and we disclaim any obligation to update any forward-looking statements, except as required by law. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.
Investor Relations and Media Contact:
Gateway Group, Inc.
949-574-3860
TONX@gateway-grp.com
