Telegram Removed from iOS App Store Sends Shockwaves Through Crypto Market
The cryptocurrency market has been experiencing divergent moves, with GRAM declining following Telegram's removal from the iOS App Store. This development has raised concerns about reduced accessibility and adoption for iOS users, negatively impacting the token's utility and demand.
GRAM holders are left uncertain as the token's utility is closely tied to Telegram's ecosystem. The removal of Telegram from Apple devices could hinder user adoption and reduce the ease of transacting GRAM for iOS users.
In contrast, Solana has been on an upward trajectory due to a series of new catalysts. These include increased network activity, successful ecosystem upgrades, and growing institutional adoption.