Post
Topic
Board Altcoin Discussion
Re: Toncoin's Surging Popularity and Growing Network
by
ShayLegal
on 24/09/2024, 13:43:50 UTC
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.


Truly, A good number of exchanges are looking for ways to integrate the Ton ecosystem into its framework.

This is quite interesting considering how the traction augurs well for the blockchain network. One of the events I've laid my hands on currently is the one on Bitget.

The Learn2Earn activity is an educative one as well as one to earn, you'd earn as much as 0.5 ton.