Toncoin (TON)

TON Blockchain Reaches 100M Users Amid Ecosystem Growth

The Open Network (TON), a layer-1 blockchain linked to the social platform Telegram, has attained a new milestone in its history. According to data from a CryptoQuant analyst, the L1 blockchain reached 100 million unique wallet addresses with non-zero balances. This marks a 95% surge in active users since the start of the year, which...
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TON’s Daily Active Addresses Exceed Leading L1 Blockchains Like Bitcoin, Ethereum

The Open Network (TON) has continued to record outstanding growth as the protocol recently saw its active addresses outperform leading blockchains in the industry. According to data from the market intelligence platform IntoTheBlock, the number of daily active TON addresses surged to 3 million in the first week of September. Per the data, this figure...
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Altseason Upon Us? These Altcoins Surged the Most Despite BTC, ETH Weekly Retracements

After Bitcoin (BTC) dipped to $55,500 and Ethereum (ETH) dropped to $2,200 earlier this week, many expected further struggles across the crypto market. However, contrary to the expected downturn, altcoins have experienced a surprising rally. This renewed momentum in the sector highlights the resilience of smaller projects despite widespread fear, uncertainty, and doubt (FUD) among...
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TON Blockchain Sees Record 46 Million Transactions Amid DOGS Airdrop Frenzy

The TON blockchain processed over 46 million transactions last week, a significant surge fueled by the excitement surrounding the DOGS airdrop, according to the latest data shared by IntoTheBlock. This impressive activity highlighted the growing interest and engagement within the TON ecosystem, as users scrambled to participate in the airdrop, driving up transaction volumes to...
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Centralization Threats Loom as Polygon and Shiba Inu Exhibit High Concentration Among Top Wallets

High centralization can lead to increased influence by a few entities, potentially undermining the decentralized ethos that crypto strives to uphold. However, centralization continues to be a major bone of contention in space. As such, popular project tokens – Polygon (MATIC) and Shiba Inu (SHIB) – have emerged as the leading examples of high concentration...
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TON Blockchain Sees 7x Surge in Active Addresses Since July 2021

The TON blockchain recorded yet another milestone as the number of active addresses on the project’s Masterchain has surged to an all-time high of 946 daily. According to CryptoQuant’s latest analysis, this marks a more than sevenfold increase since July 2021, highlighting the growing popularity and adoption of the network. New Milestone for TON While...
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This One Altcoin is Going Strong and Whales Are Backing It With Hundreds of Millions

The Open Network and its native asset, Toncoin (TON) have gained tremendous traction among investors this year. This trend appears to be resilient despite the current market downturn. Over the past month, TON has recorded approximately 23% surge as it looks to reclaim its recently established peak above $8. As a result, this momentum has...
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TON Ecosystem Faces Phishing Surge Amidst 4,500% Increase in TVL

Amidst increased network activity and the price rally of its native token, TON, The Open Network ecosystem is seeing a surge in phishing attacks. Unassuming users’ TON wallets are being lured through airdrops and other deceptive methods by attackers. Telegram Users With Anonymous Numbers At Risk Yu Xian – the founder of blockchain security firm...
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High On-Chain Activity: TON Reaches 10% of Bitcoin’s Daily Transfer Volume

The decentralized layer-1 blockchain, The Open Network (TON), has grown into one of the most popular chains and is seeing high activity as users flock to the ecosystem. A CryptoQuant Quicktake by an analyst revealed that the network’s on-chain metrics are skyrocketing, with its daily transfer volume reaching 10% of Bitcoin’s figures. These parabolic metrics...
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Shiba Inu, Dogecoin, Cardano Extremely Undervalued: Are They Primed for Rebound?

The cryptocurrency market has been lackluster, with top assets trading sideways, showing minimal volatility and limited price movement. Despite this period of stagnation, data suggests that most of these digital assets are undervalued and have more upside potential. SHIB, DOGE, ADA Immensely Undervalued According to Santiment’s latest findings, the 30-day Market Value to Realized Value...
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TON Blockchain’s TVL Doubles in Three Weeks, Reaching Record High

The Open Network (TON) blockchain’s total value locked (TVL) has surged since early March, surpassing $600 million. Within just three weeks, it has doubled to reach a record high, showcasing rapid growth and investor confidence in TON’s decentralized finance ecosystem. TON’s TVL Hits $600 Million According to DefiLlama data, TON’s TVL surged to over $605...
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American Investors Drive Toncoin Rally, Europeans More Bearish: CryptoQuant

Toncoin (TON), the native token of The Open Network blockchain, has emerged as one of the most popular Layer 1 cryptocurrencies. Since the beginning of 2024, its price has outperformed Bitcoin by a staggering 118%, as per the latest analysis by CryptoQuant. The on-chain analytic company has now stated that while US traders appear to...
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TON Outperforms Bitcoin by 118% in 2024, Setting Itself Apart from Other Layer 1s

TON has emerged as one of the top-performing Layer 1 blockchains in 2024, according to the latest analysis by CryptoQuant. Demonstrating a remarkable 118% outperformance over Bitcoin since the beginning of the year, TON has stood out in stark contrast to other popular Layer 1 chains, which have struggled to gain momentum. Among major blockchains,...
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Here’s Why Toncoin (TON) Price is Up Over 130% in 2024

Toincoin (TON) has attracted considerable interest lately, experiencing a 138% surge year-to-date, reaching a new all-time high of $5.69. This development coincides with Telegram’s recent launch of a revenue-sharing initiative, enabling channel owners to earn 50% of advertising revenue through Toncoin. The Reasons Behind TON’s Rapid Rise The Toncoin token (TON) has experienced a notable...
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21Shares Rolls Out Toncoin Staking ETP Amid TON’s New ATH

Prominent crypto exchange-traded product (ETP) issuer has announced the launch of 21Shares Toncoin Staking ETP. This new ETP aims to offer investors a regulated avenue to capitalize on the expansion of The Open Network, a platform facilitating applications such as Telegram, which boasts a user base exceeding 900 million in Q1 of 2024. 21Shares’ Toncoin...
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