In 2024, Toncoin (TON) experienced a significant increase in whale activity, with an 80% rise in large transaction volume. The large player activity suggests that they are either accumulating more coins or moving substantial amounts. Large holder netflows have surged 300% over the past seven days. The Open Network (TON) had a successful year, driven by the popularity of Telegram mini-apps like Hamster Kombat, which attracted a large number of new users. TON surpassed Polygon in terms of token holders and is closing in on TRON and BNB. The number of TON wallets increased from 38.7 million in August to 111 million, with a record 2.5 million new wallets generated in September alone. TON's total value locked grew by 2182% YoY, reaching $267 million. The crypto market saw mixed action as the year came to a close, reflecting uncertainty about the US economy and future monetary policy from the Federal Reserve. At the time of writing, TON was down 2.08% in the last 24 hours.
- Content Editor ( u.today )
- 2024-12-30
Toncoin (TON) Surges 80% in Whale Activity as Market Faces Selling at Year's End