“TON trimmed some of its losses as the blockchain came back online,” report CoinDesk analysts. After nearly five hours of downtime, the TON blockchain resumed its operation, and Toncoin {{TON}} managed to reduce its losses, despite the overall market decline.

According to experts, the blockchain downtime was partly due to the popularity of the DOGS airdrop, organized by the Ton Foundation to draw attention to the arrest of Pavel Durov. However, this was not a “failure” for the protocol’s native token, which showed more stable results compared to other cryptocurrencies.

“TON reduced its losses to less than 1% amidst a decline of more than 6.5% in the CoinDesk 20 (CD20) index, which reflects the largest and most liquid digital assets,” specialists emphasize. In contrast, the market, led by Bitcoin {{BTC}}, caused the liquidation of cryptocurrency futures worth over $300 million, the highest figure since August 5.

Thus, experts note that continuing volatility and the absence of clear catalysts in the near future will determine market sentiment, while assets like Toncoin continue to show resilience amid unstable conditions.