In the realm of multi-faceted communication applications, WeChat dominates the Asian market, while Telegram's adoption is lower. However, Telegram's decision to make TON its primary Web3 infrastructure could enhance long-term competition, with short-term opportunities hinging on its continued dominance as a Web3 communication platform.
The tokenomics of the TON environment directly link Telegram's active user base to active wallet addresses for TON services and payment functionalities. This could potentially drive the price up, especially with steady adoption in under-banked and unbanked regions like Africa. With a current supply of 5 billion coins and an inflation rate of 2 percent, leading to an estimated 10 billion coins in 35 years, steady price increases are likely in the long run.
Price analysis over one year and a 90-day percentage return indicates steady growth in TON adoption, with increasing activity and demand for the TON coin. This trend is primarily driven by Telegram's limited features, suggesting continued upside in the token.
In conclusion, the TON coin is comparable to Chainlink. While Chainlink serves as a bridge for chains, TON aims to be the bridge for multi-faceted modern communication channels.