Toncoin $TON is making continues growth in the crypto world. Associated with Telegram, The Open Network (TON) has seen tremendous growth, shaking off past regulatory concerns. Telegram’s vast user base of 900 million active monthly users has played a crucial role in this success.
Data from DeFiLlama shows that TON's Total Value Locked (TVL) has experienced an astounding increase of over 475% in 2024. Starting at just $14 million on January 1, 2024, TON's TVL has now skyrocketed to $670 million.
A key highlight for TON was the recent token generation event for Notcoin $NOT , a viral Tap-to-Earn game integrated as a Telegram Mini App. During this event, 1 million wallets were onboarded, demonstrating TON’s capability to handle large-scale transactions smoothly. The widespread popularity of Notcoin has brought significant attention to the TON ecosystem.
TON’s journey began with a blockchain project by Telegram, which raised $1.7 billion through private token sales in 2018. Despite initial setbacks, TON has forged ahead, leveraging Telegram's massive reach.
Currently, Toncoin, the network’s native token, is trading at $7.48, with a market cap of $18.74 billion.
To get more updates, visit us at : https://coinsprobe.com/