TON Surpasses ETH in Daily Active Users; But There’s More to the Story

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TON has had more daily active addresses than Ethereum for 10 of the last 11 days, but this doesn’t include Ethereum’s layer 2 solutions. Telegram’s “The Open Network” (TON) blockchain has outpaced Ethereum in daily active addresses almost every day this month.

Some suggest this might be a quiet “flippening” driven by TON’s large user base, though the data might not tell the whole story.

TON’s Daily Active Addresses Surpass Ethereum’s

“TON’s quiet growth, fueled by Telegram’s 900 million user base, has driven its daily active addresses above Ethereum,” Delphi Digital posted on X on June 10, calling it “The Flippening CT ignores.”

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