The number of addresses and transactions on TON’s decentralized exchanges has surged, with STON.Fi leading the market, capturing 90% of all transactions.

  • The Open Network (TON) has surged to 100 million holders, a significant increase from 4.3 million at the start of the year.

  • Toncoin’s market capitalization is approximately $13.2 billion, with recent trading volume reaching over $221 million in 24 hours.

  • Despite optimism, 75% of Toncoin holders are at a loss, highlighting market volatility and a concentration of wealth among large holders.

The Open Network (TON) now has over 100 million holders! This is a massive increase from the 4.3 million it had at the beginning of the year. This growth highlights TON’s rapid expansion, driven by various factors, including the launch of popular Telegram gaming tokens, like HMSTR.

$TON Holder Count reaches 100 million

“At the beginning of the year, the number of holders was 'only' 4.3 million. This shows that #TON has experienced huge growth.” – By @JA_Maartun

Read more 👇https://t.co/sqFPm5bM9d pic.twitter.com/V0Ikl1bkXF

— CryptoQuant.com (@cryptoquant_com) October 8, 2024

This is a big deal because it shows how TON is bringing millions of Telegram users into the world of cryptocurrency. It’s a bridge between traditional social media and the crypto s…

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