Data on reused addresses in the TON network indicates a higher frequency of active users. The chart also reveals a significant increase in total transaction volume, especially during the latter half of 2021 and early 2022.

Future games in the Telegram app store, such as Hamster Combat and Lost Dogs, are expected to boost wallet and exchange activity. However, current TON coin holders may come more from GameFi swaps than SPOT market buyers.

DeFi protocols and money transmission applications remain relatively new to Telegram’s user base, but they show potential for medium- to long-term growth as new users steadily increase.