TON Network Shows Promising Scalability and Market Performance

The TON network has demonstrated significant scalability, driven by its high throughput capacity. Data on circulating supply and market capitalization indicates robust performance, reflecting a positive market outlook.

Since August 2021, the network has experienced notable growth, bolstered by its collaboration with the Telegram messaging platform. This partnership has likely contributed to increased adoption and market confidence.

The disparity between market capitalization and circulating supply suggests that a portion of the tokens are either locked or held long-term, impacting liquidity. This highlights the importance of TON’s hybrid monetary transmission model. However, the general correlation between market capitalization and circulating supply indicates that much of the circulating supply contributes to market valuation.

Econometric analysis using the average market capitalization-to-price ratio can serve as a proxy for speculative behavior. A divergence between market capitalization and price could signal that the token is being valued differently from its fundamental metrics. Conversely, a closer alignment suggests a more rational market valuation.