TON Strategy Earns 3.3M TON as May Staking Yield Climbs

TLDR

• TON Strategy generated about 3.3 million TON in staking rewards during May based on 226.8 million staked TON holdings.
• The company reported a preliminary gross staking yield of 1.48% in May, up from 1.39% in April.
• Network upgrades focused on improving smart contract execution, block synchronization, and validation capacity.
• TON Strategy supported the governance proposals that took effect last week across the network.
• CEO Kevin Wilson linked the upgrades to the growth of high-volume applications tied to Telegram.

TON Strategy disclosed that it earned about 3.3 million TON from staking activities in May. The Nasdaq-listed company also supported network upgrades that recently went live. Its preliminary gross staking yield reached 1.48% for the month, compared with 1.39% in April.

TON staking income rises as upgrades roll out

The company based its estimate on 226.8 million staked TON held at the end of May. That total implies monthly rewards worth over $5.6 million at recent prices. The firm released the figures in a statement issued on Monday.

Executives said the network implemented governance proposals focused on performance and scalability. The changes targeted smart contract execution and block synchronization efficiency. Developers also increased validation capacity to support higher transaction throughput.

The company confirmed that staking rewards remained largely unchanged after the upgrades. However, it endorsed the proposals through its validator operations. It stated that the updates align with its long-term participation in the network.

Chief Executive Kevin Wilson addressed the development in the release.

The firm trades under the ticker TONX on Nasdaq. Its shares gained about 1.3% on Monday to $3.15. The stock has advanced roughly 31% since the start of the year.

Meanwhile, TON traded near $0.172 during the same session. The token has remained mostly flat on a year-to-date basis. Market data showed limited volatility around the announcement.

Corporate strategy and Telegram-linked ecosystem changes

TON Strategy previously operated as Verb Technology. It adopted its TON-focused treasury strategy in August last year. Since then, it has built one of the network’s largest holdings and validator positions.

The company integrates staking as a core part of its treasury model. It allocates capital directly into TON and maintains validator infrastructure. Management reports holdings and yield metrics on a monthly basis.

The update followed public remarks from Telegram Chief Executive Pavel Durov. He outlined a restructuring plan under the slogan “Make TON Great Again.” The initiative seeks to reshape governance and branding within the ecosystem.

Earlier this month, Durov announced that TON’s native cryptocurrency would be renamed to Gram. He revived the branding described in Telegram’s original white paper. The proposal forms part of a broader series of structural changes.

The plan also includes fee reductions and technical enhancements. Telegram aims to assume a larger stewardship role within the network. Durov described the effort as a return to the project’s roots.

TON Strategy reiterated its backing for the recent governance measures. It confirmed that the upgrades took effect last week. The company continues to operate as an active validator and treasury participant.

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