💥💥💥 TON Outperforms #Ethereum in Key Metrics
The TON blockchain has recently outperformed Ethereum in several key metrics, attracting significant attention. In the first two weeks of June, TON’s price surged by 4.44% to $7.9, and its market cap exceeded $19 billion, making it the 9th largest cryptocurrency by volume. This price increase highlights TON's growing influence.
Comparison Between TON and Ethereum
A crucial metric is the number of daily active addresses. Since May 17, TON has shown comparable values to Ethereum, surpassing it on 10 out of the first 11 days of June. On June 3, TON had 568,300 active addresses, a level Ethereum hadn’t reached since September 13, 2023. Ethereum’s Layer-2 solutions, such as Arbitrum, Base, and Optimism, handled a combined 1.3 million daily active addresses on June 11.
Factors Driving TON's Surge
Support from Telegram: Telegram's backing has significantly boosted TON, providing seamless integration and accessibility, which increases user engagement.
Applications like Notcoin: Notcoin has attracted millions with its reward system, entering the market in May and quickly becoming the 49th largest #cryptocurrency with a market value of $1.9 billion.
Key Takeaways for Users
Active Daily Addresses: TON has outperformed Ethereum in this metric for most of June.
Market Value: TON’s market value rise is linked to community engagement and application use.Platform Support: Major platform support, especially from Telegram, has been crucial for TON’s growth.
Application Impact: Apps like #Notcoin👀🔥 have significantly bolstered TON’s ecosystem.
Future Outlook
The competition between TON and Ethereum will be closely monitored. TON’s success is driven by robust platform support and innovative applications, indicating its potential to continue growing and impacting the blockchain landscape. As these two giants vie for dominance, the developments will be pivotal for the future of cryptocurrency.
Source - en.bitcoinhaber.ne
