Study time: 2 minutes
Today, Tuesday, April 9, significant changes have occurred in the ranking of 10 digital currencies of the market.
According to market data, TonCoin (TON) has been able to surpass Cardano (ADA) in terms of market value and climb to the ninth position in the market. This happened at the same time as the price growth and record-breaking TON token.
A few hours ago, TenCoin was able to record a new price record in the range of $6.98. Although the price of TON has retreated to the $6.90 range at the time of writing , it is still up more than 25% on a daily basis
Simultaneously with this price growth, the market value of TenCoin has also increased to 23.93 billion dollars and has surpassed Cardano in this respect
But what is the reason for the significant growth of Tencoin? There have been many positive signals for the digital currency recently, including Telegram's move earlier this month to ditch the euro in favor of the TON token, for payments on its platform.
In this regard, activating the payment option with TON for advertisers and content producers in this messenger program has also increased the activity in The Open Network.
According to the TonStat platform, the number of accounts on Open Network has almost doubled over the past month and reached about 12 million. In addition, the number of active wallets on this chain increased by 77% last month and reached about 3 million.
However, the move towards artificial intelligence has been the main reason behind TenCoin's recent growth.
open network developers have allocated 5 million dollars of TON tokens to encourage Telegram users to authenticate themselves using palm scanning technology