$TON
TON Coin is the native cryptocurrency of The Open Network (TON), a decentralized blockchain originally developed by Telegram and now maintained by the TON Foundation. Designed for scalability and fast transaction speeds, TON supports various applications like decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized storage. Its architecture uses a proof-of-stake (PoS) consensus mechanism, ensuring energy efficiency and security. TON Coin is used to pay transaction fees, secure the network via staking, and participate in governance decisions. With its seamless integration into Telegram's ecosystem, TON Coin aims to foster mass adoption by bridging the gap between blockchain technology and mainstream users.
