Telegram’s TON Rolls Out Tolk to Accelerate Smart Contract Development and Cut Costs

TON Debuts ‘Tolk’ Smart Contract Language, Targets Lower Gas Fees and Developer Growth

The TON Foundation has introduced Tolk, a newly developed smart contract language set to become the default for The Open Network (TON). Designed to offer developers a cleaner, more efficient alternative to the older FunC language, Tolk promises significant improvements in cost and usability across DeFi, gaming, and social applications.

What’s New with Tolk:

Tolk is tailored for TON’s unique asynchronous actor-based model and brings a modern programming approach to smart contract creation. It features a more readable syntax, simplified structure, and robust tooling—all while maintaining low-level control for advanced users.

According to the foundation, contracts written in Tolk can use up to 40% less gas than comparable FunC contracts, enabling lower transaction costs and better scalability.

“Tolk marks a new era for TON developers,” said Anatoly Makosov, a core developer at TON. “It combines clarity with performance, addressing long-standing limitations while unlocking new possibilities for high-throughput apps.”

Full Migration and Tooling Support

The launch includes support for existing contract migration and integration with mainstream development environments. TON’s goal: remove friction for builders and accelerate adoption of the network through better infrastructure.

The introduction of Tolk is a central piece of the foundation’s broader initiative to modernize the developer experience, support growing dApp demand, and strengthen TON’s appeal across the Web3 stack.


Price Action: Tolk Launch Coincides with Market Pullback

Despite the Tolk announcement, TON’s native token (TON-USD) posted a decline over the same 24-hour window.

  • Decline: TON dropped 2.85%, falling from $3.26 to $3.17 between July 18 and July 19 UTC.
  • Range: Intraday trading ranged between $3.16 (low) and $3.31 (high), with a swing of 4.73%.
  • Key Levels:
    • Support: $3.16 held firm as buyers re-entered, defending the level multiple times.
    • Resistance: A selloff at 20:00 UTC, with over 6 million tokens traded, confirmed $3.23 as near-term resistance.
  • Volume Trends: Final-hour activity dropped sharply to just 90,006 tokens, suggesting seller fatigue and the potential for price stabilization.
  • Late Movement: From 13:09 to 14:08 UTC on July 19, TON fell another 0.81%, momentarily rebounding to $3.18 before slipping again to retest support.

Outlook

Tolk’s debut is a strategic move to streamline smart contract development and reduce operational costs on TON. While short-term price action remains under pressure, the structural upgrade positions the network for stronger ecosystem growth and potential upside if support levels hold and developer traction builds.