On April 9, the TON network activated the Catchain 2.0 update, which increases throughput by tenfold. The initiative was approved by a majority vote (over 85%).

Pavel Durov announced the successful upgrade in a separate post. He stated that the blockchain now creates blocks six times faster, and transactions occur "instantly, in less than a second."

The TON blockchain just got upgraded and is now 10× faster.

Block rate increased 6×.

Transactions are now instant, subsecond.

This was step 1 of 7 to Make TON Great Again (MTONGA).

Next step: cut the already low transaction fees by 6×.

— Pavel Durov (@durov) April 9, 2026

"This was the first of seven steps to make TON great again (MTONGA). The next step: reduce the already low transaction fees by six times," he added.

According to TON developers, after the Catchain 2.0 update, block creation time has decreased to 400 ms across the network.

While block rewards remain unchanged, the update will temporarily increase validator earnings by reducing intervals. The blockchain will also continue to use a mechanism that burns 50% of transaction fees.

However, a proposal to reduce rewards is currently up for voting: from 1.7 TON to 0.35 TON in the master chain, and from 1 TON to 0.2 TON in the main network. The deadline is set for June.

This initiative aims to curb the annual inflation rate of the TON token. With current rewards and accelerated block production, the rate could rise from 0.6% to 3.6%.

Following the update release, the price of TON increased by 2% in one day. However, the coin has been in a prolonged correction for over a year, having dropped 57% in the past 12 months.

15-minute chart of TON/USDT on Binance. Source: TradingView.

Recall that in February, developers of the non-custodial wallet TON Wallet integrated into Telegram launched storage for Bitcoin, Ethereum, and USDT to generate passive income.