Activity on decentralized exchanges STON.fi and DeDust has increased significantly. DeDust averages 4 swaps per user, while STON.fi averages 2.76. This indicates the growing use of platforms and possible changes in the price of TON (TONCOIN).
Historically, increases in trading volume on STON.fi and DeDust often precede increases in the price of TON, indicating a strong relationship between swap volume and capital flow on the TON blockchain.
STON.fi is currently in the lead, providing around 75% of all transactions between the two platforms. Given the growing interest in DEX TON swaps, we can expect a new bullish cycle for TON, backed by higher liquidity and demand.
Stay tuned, as trading volume growth and STON.fi's dominance could signal rapid changes for TON.