With the arrival of summer 2024, the TON network has shown unprecedented growth momentum, with daily active addresses, transaction volume, and total locked value (TVL) reaching new highs. This series of achievements indicates that the golden decade of the TON ecosystem has begun. Focusing on the "TON Ecosystem Explosion", the CGV Research team deeply explores TON's internal innovation and external market factors, and analyzes its key driving force to become a leading blockchain platform.

Every day in June 2024, TON has set new records in terms of users, transaction volume and TVL:

TON's daily active addresses have exceeded $ETH for several consecutive days;

TON's total locked value (TVL) has exceeded $600 million, a 1,000-fold increase since 2024;

In 47 days, $450 million of $USDT was issued on TON;

Steve, chairman of the TON Foundation, proposed that the sign of large-scale adoption of encryption is the birth of the first TON mini-application with 100 million Telegram users; Hamster Kombat was achieved the next day.

The CGV Research team believes that the arrival of TON summer 2024 is due to the dual benefits of "TON inside" and "TON outside".