An early Telegram and toncoin (TON) user received a $25 million offer for the instant-messaging app's @crypto username on Wednesday, Telegram CEO Pavel Durov said in a post on the messaging system.

The username was acquired for just $350,000 in 2023 and the holder of the username recently said: “If these can’t be taken away from me, I want them all,” according to .

All Telegram usernames are tokenized on the TON blockchain, meaning that each username is unique and can't be replicated.

In 2024 the most expensive username was @news, which sold for $5.8 million, while @auto sold for $5.2 million, according to .

"When people have direct ownership of their digital assets, magic happens — like this tokenized Telegram handle soaring 70x in value," Durov continued in his post. "Telegram users are sovereign owners: no middlemen, no confiscation, all secured by TON smart contracts."

Toncoin has enjoyed a solid month in terms of price action, rising by 16% to $3.38, in part due to an early month surge on the back of a deal to offer TON holders a .