Inventory of recent popular tokens

3. TON

Introduction:

With Binance launching the largest game token in the TON ecosystem-$NOT and the huge wealth effect caused by the fully circulated token economic model, TON has gained great attention in a short period of time!

TON was originally developed by Telegram founder Nikolai Durov and his team, and now it is supported and maintained by a community of independent contributors around the world. Its birth dates back to 2017, when the Telegram team began to explore blockchain solutions for themselves.

Since there was no existing L1 blockchain that could support Telegram's nine-digit user base at the time, they decided to design their own blockchain, which was called Telegram Open Network at the time. Time came to 2018. In order to obtain the resources needed to realize TON, Telegram launched the sale of Gram tokens (later renamed Toncoin) in the first quarter of 2018. In 2020, due to regulatory issues, the Telegram team withdrew from the TON project. Subsequently, a small group of open source developers and winners of the Telegram competition took over the TON codebase, renamed the project to The Open Network, and continue to actively develop the blockchain to this day, following the principles outlined in the original TON white paper.

Market status:

Recently, the number of active users on the TON public chain has surpassed Ethereum. Due to the seamless connection between Telegram's large user base and the TON ecosystem, the TON public chain has recently seen a frequent wealth creation effect, and the demand for TON tokens has continued to rise.

The activity of the TON network has gradually increased since February. As of now, the number of daily active addresses of TON has exceeded that of Ethereum. The TVL of the TON ecosystem has exceeded US$460 million, setting a record high! Today, the TON token has also broken through US$8 again to set a record high of US$8.29. The latest transaction price of TON is around US$8.08, which has risen by about 10% in the past 24 hours. The current market value is US$19.078 billion, ranking 9th in cryptocurrency! And it is ranked 6th in the popularity ranking!