Latest Developments of TON (The Open Network)
Technical Progress and Adoption:
TON (The Open Network) is experiencing significant development in the crypto world, especially with its integration with Telegram. One of the biggest steps forward was the launch of Tether (USDT) on the TON blockchain. With this, Telegram's nearly 900 million users can make global peer-to-peer payments using this stablecoin, increasing TON's adoption and utility substantially. This integration also offers much lower transaction fees and faster processing speeds compared to other platforms (CryptoGlobe).
Price Growth Prediction:
An AI prediction model predicts a TON price increase of up to 290% after the Bitcoin halving in 2024. Factors supporting this prediction include world record transaction throughput, rapid Telegram Wallet adoption, and partnerships with major gaming companies such as Animoca Brands. With direct integration into Telegram profiles, users can access the TON wallet without the need for additional software, driving mass adoption (CoinCodex) (CryptoNewsHub).
Future Prospects:
TON has great potential to grow exponentially thanks to a combination of advanced technology, ease of use, and support from major companies in the blockchain industry. However, as with all crypto assets, risks remain, including the potential for strict regulation and technical issues. However, with a large user base and significant fundamental improvements, TON's future looks bright and promising (CoinCodex) (CryptoNewsHub).
Overall, TON shows great promise to become one of the major players in the crypto world, supported by strategic partnerships and widespread adoption. TON holders and potential investors can be optimistic about this development, although it is always advisable to pay attention to the risks involved.
