Quote from: all4web3 on September 22, 2024, 01:15:17 PM

Toncoin (TON) has surged over 200% this year, becoming the fifth-most valuable Layer 1 network with a market cap of $14.371 billion. Initially developed by the Telegram team and launched in 2019, TON was transferred to independent developers in 2020 due to SEC regulations. The TON Chain has evolved into a rich ecosystem, fostering internet freedom and utility, with recent collaborations like Curve Finance highlighting its growth.

The ecosystem has seen a 12x increase in daily transaction volume over the past year, with TVL rising to $350 million, driven by DEX trading.This has made many exchanges like integrating the network into their ecosystem and encouraging lots of users to explore more of the network by way of giveaways.

The big growth of Toncoin, with an impressive 200% increase this year. Becoming the 5th most important Layer 1 network is showing the potential and strength of the system. Facts are not lying, the shift from Ecosystem Telegram to independent developers has clearly led to innovation. Especially when deals like Curve Finance make that even more valuable.

Such indicators as a 12-fold increase in daily transaction volume and a sharp increase of total value locked (TVL) suggest a high level of professionalism and confidence online. It would be interesting how exchanges increase their TON since this kind of openness attracts more users. Have you ever taken on a specific project in the TON ecosystem which you could hardly manage?

Quote from: nelson4lov on September 22, 2024, 09:58:25 PM

TON is making great strides but they will do even more if most of the mini app projects on their platform doesn't get tagged as a memecoin because they, it would only just get pumped and dumped — then die out slowly. For instance, Notcoin haven't had much updates since their drops. It was probably because there was no incentive to keep on building after almost 100% was dropped to their community.

I do like Telegram's approach to onboarding users. Its what we wanted for Bitcoin but even better.

Now, indeed, it is impressive to see how Toncoin keeps growing to levels and this year's upward scale of 200%. Its rise to the title of 5th most important Layer 1 network indeed speaks of potential and strengths in the system. Doubtless, the switch of approach to independent developers brings some innovation; further, with deals like Curve Finance, even more so.

A 12-fold increase in daily transaction volume, plus an increase in total value locked (TVL), are sure to make anyone feel professional and confident online. It would be great to understand how an exchange increases its TON, as such visibility may benefit it with more users. Have you ever taken on a specific project in the TON ecosystem that was impossible to manage?