#ton The market value of TON tokens has risen to the top ten. The price has reached new highs in 2024, with an increase of nearly four times during the year. Although it has 900 million Telegram users, TON's development has been mediocre in the past, and it has been sued by the US SEC, which affected its fundraising. However, in 2023, TON and Telegram announced an in-depth cooperation and attracted multiple financings, including Mask Network, MEXC Ventures and Animoca Brands.
In addition, TON has also established an ecosystem fund and attracted donations from miners, which is expected to change its unfavorable situation. Investors are concerned about the excessive holdings of early miners and the different technical routes from Ethereum, but institutional support and technological progress have brought room for upside to TON.
TON token has made significant progress in market value. With Telegram's huge user base and in-depth cooperation between the two parties, it is becoming an important bridge connecting Web2 and Web3. Despite early challenges, TON has gradually overcome them through technological innovation and ecological construction, and has received multiple rounds of financing and recognition from mainstream institutions.
This year, TON has actively expanded into the Asian market, launched a number of new technologies and upgrades, and adopted strategies such as airdrops to promote activity on the chain. Overall, TON has made significant progress in technology and ecological construction, has great potential for future growth, and deserves the attention of investors and developers.
The TON chain, driven by Telegram, not only improves its practicality, but also enhances the use of the chain through the activities of the TON Foundation. The increase in the number of wallets and TVL, as well as the integration of Web2 and Web3 features, all demonstrate the vigorous development of the ecosystem.
Investors are also optimistic about the price performance of TON. As the ecosystem develops and users increase, the price of TON is expected to continue to rise. In response to token supply and inflation, the TON Foundation is also actively taking measures, such as freezing inactive wallets and proposing a destruction mechanism.
Generally speaking, the TON chain has great development potential and broad room for price increase, but investors still need to make rational decisions.
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