TON Network Faces Issues Due to Overload

🔷The TON network experienced malfunctions caused by an overload due to the high volume of DOGS transactions. Yesterday, the network stopped processing transactions for nearly four hours. Exchanges even paused deposits and withdrawals through the TON network.

🔷After the first outage, a second failure occurred a few hours later. Telegram Wallet announced that transactions on the TON blockchain were halted. Almost five hours after the outage announcement, Telegram published another message stating that the TON network is now fully operational.

🔷Despite the issues, the price of TON is showing positive momentum. After dropping to $5.15 per coin, TON has risen by more than 7% in the last 24 hours, reaching a level above $5.60.