One of the fastest growing projects in the cryptocurrency space this year is the Telegram-related project The Open Network (TON)

Telegram's previous blockchain plans had drawn the displeasure of U.S. regulators. By working with Telegram to gain the favor of its 900 million monthly active users, TON's TVL soared 1,400% this year, once exceeding $1 billion

Since January, TON's market value has increased to about three times its previous level, and it has entered the top ten.