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At the start of 2024, TON had solely 4 million addresses with a steadiness better than zero.
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The TON cryptocurrency is up 127% since January 1, 2024.
The TON cryptocurrency community, co-created by Pavel Durov, who can also be identified for being the founding father of Telegram, has reached a major milestone by surpassing 100 million unique users.
Analyst Maarten Regterschot defined that this determine refers to unique addresses with a non-zero steadiness. This quantity represents a rise of two,225% in comparison with the start of the yr, when there have been solely 4.3 million holders.
This exponential development of TON has been particularly pushed by the combination of video games on the Telegram platform. Hamster Kombat, one of many gaming tokens that was launched on the TON community, skilled a 1,000% value enhance after being listed on main exchanges reminiscent of Binance, KuCoin, OKX, Bybit, Bitget, Gate.io, MEXC and Bitfinex. This development suggests a rising curiosity in digital property linked to the TON community.
“Whether you like TON as a cryptocurrency or network or not, TON is bringing millions of users of the Telegram platform into the world of cryptocurrencies,” Maartun famous in his evaluation.
In addition to the recognition of video games like Hamster Kombat, Telegram is increasing its integration with the TON community by introducing non-fungible token (NFT) performance.
Durov just lately introduced a brand new characteristic referred to as “Gift” that can enable Telegram users to transform restricted digital presents into NFTs primarily based on the TON chain.
This innovation, which seeks to capitalize on the December festivities, It is a part of a broader technique to include digital property and enhance the adoption of cryptocurrencies inside the messaging platform, as reported by CriptoNoticias.
The TON cryptocurrency is up greater than 100%
Interest in TON just isn’t restricted solely to the variety of users. The value of the native cryptocurrency, toncoin, has elevated considerably this yr, as has been reported by this medium.
Since January 1, 2024, when TON was buying and selling at a median of $2.20, Its worth has risen greater than 127%buying and selling for round $5.08 on the shut of this text. This enhance displays the market’s confidence within the potential of the community and that this cryptocurrency has been probably the most worthwhile this yr.
TON, or The Open Network, was conceived as an answer for a extra decentralized and environment friendly Internet. Pavel Durov, its co-creator, has been within the eye of the storm just lately not just for the achievements of TON, but additionally for the accusations he faces in France.
As reported by CriptoNoticias, Durov was charged with 12 fees, together with alleged complicity within the distribution of kid exploitation materials and medicines, amongst others. Despite these controversies, the TON community forges forward, exhibiting sturdy development that defies its founder’s authorized circumstances.
