Ecosystem Spotlight: TON (and Telegram)

An overview of where TON is, why it's starting to get hype, and its potential in facilitating mass adoption.

Nattynatman

Posted on Jul 5, 2024

Momentum around TON has grown a ton lately (pun intended), evident in its onchain metrics and price action. Despite the Altcoin bleeding over the last couple months, TON’s TVL has increased by 4-5x, and their token has achieved around a $20B market cap ($40B FDV), positioning itself as a top 8 cryptocurrency.

From CoinMarketCap
From CoinMarketCap

The reason lies in TON’s potential to bring about mass adoption to crypto, in ways we might not have been noticing in our little CT bubble.

DeeZe said it best here:

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Author

Nattynatman

@nattynatman

Pluid Content. Writing on web3 happenings, mostly NFTs and gaming.