The recent analysis of the TON blockchain reveals a promising trajectory for the ecosystem. The total supply has grown steadily from approximately 5.01 billion to 5.1 billion TON, although a notable decline in circulating supply is expected in early 2024 due to lockups and staking activities.

User activity on the workchain has surged, driven by popular games like Hamster Kombat, DOGS, and Catizen, indicating a vibrant ecosystem.

Comparatively, TON transactions have maintained consistency, with notable spikes linked to game-related airdrops. This trend, coupled with a growing user base, suggests a shift in trader psychology towards long-term holding, potentially reducing market liquidity and fostering a stable growth environment.