CandleFocus

TON Blockchain Growth Surges: Daily Active Users Exceed 5 Million

The TON blockchain has experienced significant growth in 2024, reaching over 5 million daily active users. This growth has been fueled by the widespread adoption of Telegram mini-apps. Data shows that TON has maintained high levels of activity, surpassing other crypto assets. The price of Toncoin has also shown a strong correlation with user engagement, with significant increases in price coinciding with spikes in user activity. However, both user activity and the price of Toncoin have declined in early 2024. TON currently has a market capitalization of $13.95 billion and a circulating supply of 2.55 billion TON out of a total supply of 5.1 billion.

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