Nasdaq TON Whale Locks 226 Million Tokens as Yield Jumps

TON Strategy increased its May staking yield to roughly 1.48%, keeping nearly all of its 227.5 million Toncoin (TON) staked as the firm deepened its role as one of the network’s largest validators.

The yield rose from 1.39% in April, lifting the annualized rate to about 17.8%. The Nasdaq-listed treasury company also voted in favor of the newly approved upgrades to The Open Network.

Staking Yield Climbs as Holdings Stay Locked

TON Strategy trades on Nasdaq under the ticker TONX. It held about 227.5 million TON on May 31, with roughly 226.8 million staked.

The monthly gross yield reached 1.48%, up from 1.39% in April. Annualized, that climbed to about 17.8% from 16.7%.

Staking forms the core of the company’s treasury approach. Nearly all of its positions stay locked to earn rewards across the Telegram-linked network.

Follow us on X to get the latest news as it happens

Network Upgrades Add to TON’s Momentum

The staking gains coincided with a governance vote. TON Strategy backed configuration changes that took effect on June 4.

The upgrades target performance, throughput, and scalability. They leave validation rewards unchanged, the company said.

Changes improved smart contract execution and sped up block data across the network. Others raised validation capacity and added safeguards against spam and congestion.

CEO Kevin Wilson linked the vote to TON’s longer-term push toward consumer applications.

“These network upgrades represent another important step as TON continues to develop for high-volume consumer applications tied to the Telegram ecosystem… we voted in favor of these upgrades because we believe continued protocol-level development is important,” Wilson said.

The June changes follow April upgrades to block times and transaction costs. Developers have also flagged a planned bridge shutdown for September 2026.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights

The post Nasdaq TON Whale Locks 226 Million Tokens as Yield Jumps appeared first on BeInCrypto.