TAC Token Rallies 50% as TON Application Chain Launches to Bring DeFi Back to Telegram

The TON Application Chain, also known as TAC, has officially launched its mainnet on Tuesday, July 15, enabling Ethereum-compatible decentralized finance applications to operate within Telegram’s user ecosystem.

With TAC’s mainnet now live, popular Ethereum-based DeFi protocols — including Curve, Morpho, and Euler — are now available on Telegram via the chain, according to a press release shared with The Defiant.

Following the launch, TAC’s native token spiked sharply by more than 50% to $0.0248, though it has retraced to near $0.022 by press time, according to price data from CoinGecko.

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