CandleFocus TON Registers Stunning 100x Milestone in MAU: Details
2024-10-04
Author: Content Editor
The Open Network (TON) achieved a significant milestone in user activity, with its net number of monthly active users (MAU) increasing by 100x in the last year. TON is now serving over 12.4 million users globally, with daily fees amounting to over $123,000. The blockchain's growth was supported by the introduction of USDT and large airdrop campaigns. TON's standout feature is its integration with Telegram messenger, allowing users to create wallets and transact without installing third-party apps. Additionally, TON was a hub for tap-to-earn apps in Q3 2024, with Hamster Kombat gaining popularity. However, TON-based meme coins experienced a decline in Q4 2024, with some seeing over 20% reductions in capitalization. Despite this, Toncoin (TON) still ranks as the 10th largest cryptocurrency despite an 11% decrease in market cap.
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