Yeah, I totally agree with you on that... TON is definitely not in the "shitcoin" category — it's a proper L1 with strong infrastructure, backed by the Telegram ecosystem, which gives it a unique edge compared to many other altcoins that rely purely on hype. The issue, like you mentioned, is the flood of low-quality farming projects and meme tokens that piggyback on TON’s name — that tends to scare off retail investors who don’t look deeper into the fundamentals.
TON needs now is ,,quality partnerships and utility expansion,,. The tech is solid, but if they keep repeating superficial collaborations, it won’t move the needle long term. If they can secure real DeFi or payments integrations tied to Telegram’s ecosystem, then TON could easily push to new highs.
Right now, I’d say it’s one of the more promising altcoins in the mid-cap space...
You are right, to me what TON need is time to properly execute their plans and get some strategic partnerships that will take them to the next level. You know the other layer 1 altcoins we see out there today didn't achieve their success in one year or two. As for those farming projects that were coming to TON we know that majority of them were just coming to take advantage of the new advantage Network, but with time they will fade away and only those who have real products and use cases will remain. Project like Tonstation was a product of those farming projects in telegram, but we have seen that they have real products/ use cases and they have come to stay and still building. What TON need is time and strategic partnerships as you have rightly said.