CandleFocus TON blockchain sees significant drop in daily active users
2024-10-21
Author: Content Editor
The Open Network blockchain, supported by Telegram, has experienced a significant decrease in daily active users, according to on-chain data from IntoTheBlock. The decline in users coincided with market turbulence and reduced network activity. The native token of the blockchain, Toncoin, has also struggled to gain upward momentum during this period. The decrease in active users may be attributed to recent troubles faced by Telegram, including the arrest of founder Pavel Durov and other developments. However, future network events such as the integration of Alchemy Pay could potentially lead to an increase in active user count on the TON network.
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