TON Defies Market Downturn: Surges to All-Time Highs and Smashes TVL Records!

While the market is struggling downward, TON coin created a new all time high last Friday. With 15% gain for the month, TON coin ranks as top 9 in CoinMarketCap with $19 billion.

Recently, the TON blockchain has achieved a record-high Total Value Locked (TVL) surpassing $600 million, as reported by DefiLlama. The network’s TVL reached $609.78 million on Monday, marking a substantial increase from $300 million just three weeks ago.

This growth was driven by significant gains in top protocols like DeDust, a decentralized exchange on TON, which saw a 53% surge to nearly $300 million in TVL. Smaller protocols such as bemo, Stakee, and EVAA also experienced double-digit growth over the past week. Rephrase and enhance them more attractive to traders

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