This gaming segment has attracted the huge Total Value Locked (TVL) to TON Blockchain!
TON (The Open Network) continues to maintain impressive appeal as TVL continues to surpass the $750M mark.
Through the chart below, it can be seen that TON network TVL has grown very strongly since the beginning of 2024. On January 1, 2024, TON network TVL was only 13.5 million USD. In just the past 7 months, TVL TON has increased 57 times - a dream number for any blockchain.
Despite only recently building an ecosystem of decentralized applications (DApps), the TON network has surpassed Optimism to become the 10th largest blockchain by TVL - according to data from DefiLlama.
Some reasons why TON network TVL increased sharply include:
- Airdrop & Incentives events: Investor excitement for airdrops (especially from Tap to Earn games) has boosted TON's TVL.
- Plans to integrate Bitcoin bridge and be compatible with EVM
- Support from investment funds
