TON Launches UAE Residency Program via Crypto Staking as Token Sees Price Breakout

cryptonews.net 06/07/2025 - 23:26 PM

TON Enables UAE Golden Visa via Crypto Staking

The Open Network (TON) has introduced a new method for securing UAE residency by allowing applicants to obtain Golden Visas through staking cryptocurrency instead of investing in real estate or meeting income requirements. This new program enables individuals to qualify by locking $100,000 worth of TON tokens for three years, alongside a processing fee of $35,000. The application process is streamlined through a decentralized smart contract, with the entire procedure taking less than seven weeks from document submission to visa issuance.

> JUST IN: 🇦🇪 Toncoin partners with UAE to offer a 10-year golden visa to $TON stakers.
> — Watcher.Guru (@WatcherGuru) July 6, 2025

Throughout the lock-up period, applicants maintain full control over their staked assets. This process is implemented on the TON blockchain and is verifiable via smart contracts, presenting an alternative to traditional Golden Visa routes which usually necessitate a minimum real estate investment of $540,000 or long-term fixed deposits.

The application starts with the initial submission and staking, followed by a merit-based review. If approved, local UAE partners handle the visa processing. Residency benefits extend to the applicant’s spouse, children, and parents, with no additional costs except for standard government fees.

Anticipated staking returns are estimated at 3–4% per annum for the three-year lock-in period, dependent on the token’s network economics.

Toncoin Price Surges Past $3.00 Amid Program Launch

As of the latest updates, Toncoin (TON) has seen an 8.03% price increase, reaching approximately $2.97 within a 24-hour period. After trading around the stable levels of $2.74 and $2.76, the breakout commenced during midday trading sessions.

Market capitalization for TON surged to $7.33 billion, an 8.04% rise, while trading volume increased to 470 million, marking a 254.77% improvement from previous sessions. The volume-to-market cap ratio stood at 6.37%, indicating heightened market activity. Additionally, the fully diluted valuation of TON reached $15.25 billion, with a circulating supply of 5.13 billion and a total of 151,550 holders indicating slight community growth.




Comments (3)

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    [email protected]

    09:54 - 07/07/2025

    Hi

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    Sani Bala

    06:59 - 07/07/2025

    I am Happy To Be A Coin Savi Miner

    avatar

    Mufutau Folorunsho Adeleke

    06:46 - 07/07/2025

    https://tradesavi.com/flash-news/ton-launches-uae-residency-program-via-crypto-staking-as-token-sees-price-breakout/

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