Trading activity on the decentralized exchanges STON.fi and DeDust has surged in recent days. On average, each user conducts 4 transactions on DeDust and 2.76 on STON.fi. This not only indicates an increase in platform usage but may also signal a price change for TON (TONCOIN).
History shows that when the number of tokens traded on STON.fi and DeDust rises, the price of TON often increases significantly, indicating a close relationship between trading volume and capital flow on the TON blockchain. This increase could be a sign of a new price surge.
Currently, STON.fi leads with about 75% of total transactions. The growing interest in trading on TON's DEX could signal a new price upcycle, driven by higher liquidity and demand.
Stay tuned, as the combination of increased trading volume and STON.fi's dominance may indicate the next move for TON is approaching.