Will Telegram’s Crypto Holdings Keep Rising After Reaching $1.3B in H1 2024?

Telegram’s total cryptocurrency holdings hit $1.3 billion in the first half of 2024, which was $400 million at the end of the year 2023. This growth was fueled by Toncoin sale and some other financial activities highlighted the company as one of the major players in the digital asset ecosystem. The recent report has sparked discussions if Telegram’s crypto holdings could continue to grow at this pace.