Ton beats the record again! According to the latest report from the analytical platform CryptoQuant, the number of non-zero addresses in the TON network has skyrocketed to an impressive 32 million. This milestone is particularly remarkable compared to mid-last year when the count of active addresses was 2.9 million. Such a huge increase in such a short period highlights the growing popularity and rapid adoption of TON among users globally.
The surge in the number of addresses is paralleled by a significant uptick in the daily transaction volume within the TON network. Currently, this figure fluctuates between 5 to 10 billion USD. For context, the average daily transaction volume in the Bitcoin network stands at around 50 billion USD. This comparison underscores TON’s swift rise as a formidable competitor to leading blockchain projects, including Bitcoin.
Amidst these impressive growth metrics, Toncoin, the native cryptocurrency of the TON network, is also exhibiting positive dynamics. Recently, Toncoin’s exchange rate surpassed the 7 USD mark. Additionally, interest in TON on the futures market has reached 262.82 million USD, according to CoinGlass data. Traders are expressing optimism about Toncoin’s future, anticipating a return to a bullish trend. This increased investor interest, coupled with increasing user activity, sets a promising stage for the continued development of the TON ecosystem.
The remarkable growth of the TON network and its native cryptocurrency can be attributed to several factors. The network’s strong infrastructure, coupled with its commitment to user privacy and security, has drawn a significant number of users. Furthermore, the TON ecosystem offers a suite of decentralized applications and services, growing its appeal to both developers and end-users.
The exponential growth of TON is not just a short-lived trend but a testament to the network’s potential to reshape the cryptocurrency landscape. As more users and investors flock to the network, TON is poised to solidify its position as a leading player in the global cryptocurrency market. The future looks bright for TON, with its ecosystem set to expand and thrive in the coming years.
It signals a new era for blockchain technology. The rise of Toncoin further emphasizes the network’s potential, making TON a name to watch in the evolving world of cryptocurrencies.