The TON Network is a blockchain platform originally developed by Telegram and later continued by the open-source community after Telegram discontinued the project due to legal issues. TON's primary focus is to provide a fast, efficient, and decentralized blockchain platform to support a variety of applications, including value transfer, smart contracts, and decentralized applications Overall, TON is an interesting network with advanced technology, but like most blockchain projects, its success will depend on adoption and use in the long term.
I completely agree with you that despite decline in Bitcoin price during the previous weeks, TON coins has relatively performed better when we compare it with other altcoins. The reason behind it could be the massive activity of airdrops farming on telegram channels, which are closely tied to Ton Block chain. We might see significant increase in TON coin price upon listing of famous project HAMSTER scheduled on 26th September, 2024. DYOR