The TON Blockchain Overtakes Ethereum in Daily Active Users Thanks to Telegram and Tether
The TON blockchain, powered by Telegram Messenger, has surpassed the Ethereum community in phrases of every day active addresses, highlighting the numerous affect of strategic partnerships and person engagement methods on the expansion of blockchain know-how.
Meteoric Rise of TON
According to a report from Delphi Analytics, the variety of every day active users on the TON blockchain has persistently surpassed these on Ethereum for a number of days this month. This improve is essentially attributed to Tether’s USDT integration and Telegram’s huge person base, which has over 900 million users. The partnership between Telegram and Tether, introduced earlier this 12 months, has contributed considerably to this development by integrating USDT into the TON blockchain, attracting extra users to work together with the community.
While Ethereum has lengthy been a pacesetter amongst different blockchains, it now faces fierce competitors from new blockchains that leverage aggressive advertising and strategic partnerships to seize market share. The TON blockchain, in explicit, has proven notable development by capitalizing on Telegram’s huge distribution community and low transaction charges.
Boost by way of Gaming and Tether Integration
The development of the TON community has additionally been fueled by well-liked video games corresponding to Hamster Kombat and Notcoin, that are built-in into the Telegram app. These video games haven’t solely elevated person interplay inside the TON ecosystem, however have additionally launched a lot of users to Web 3 video games. For instance, Notcoin alone attracted over 5 million users in its first week. on Telegram, demonstrating the highly effective mixture of social networks and blockchain know-how.
The integration of stablecoins like USDT and the event of participating functions like Web 3 video games have propelled the TON blockchain to surpass Ethereum in every day active users. This pattern underscores the significance of user-friendly functions and strategic partnerships in the blockchain business, signaling a attainable shift in the dynamics of blockchain recognition and utilization.