TON, the native token of The Open Network layer-1 blockchain, is up 29% on the week after a surge that followed a change in Telegram CEO and co-founder Pavel Durov’s bail conditions, allowing him to leave France for Dubai. 

The token, now trading at $3.46, has posted the largest weekly gain among top 100 crypto assets according to data from CoinGecko. The jump represents a sizable increase relative to the performance of the leading crypto assets, Bitcoin and Ethereum, which each moved around 5% on the week—Bitcoin rose to $83,717, while Ethereum dropped to $1,922. 

“As you may have heard, I’ve returned to Dubai after spending several months in France due to an investigation related to the activity of criminals on Telegram,” Durov posted to 11.9 million subscribers of his personal Telegram channel. “The process is ongoing, but it feels great to be home.”