2024

Toncoin

April

Security

<p>The TON blockchain has achieved a major new milestone, with its total value locked (TVL) soaring to $154 million – a new all-time high. This represents an astounding nearly three-fold increase in just one month’s time and over a ten-fold year-over-year surge, according to data from DefiLlama.</p> 
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  <img decoding="async" src="https://lh7-us.googleusercontent.com/g9kC1e7l2zpnNTLENv8FpInxhFtJjSJnkmgRiw_LhYQNZ2YW6hPtwP6P5JnSjPuSGegygOBMTwImF-RUpfExxDpKy91QSMEmD3hFIsr5YuavZBVDzKPQptkpjUTXMtj2_jxrSIpR_2V57QeO9lOqAgQ" alt="Ton Network Chart ">
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   Source: <a href="https://defillama.com/chain/TON" target="_blank" rel="noopener" data-wpel-link="external">DefiLlama</a>
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<p>Leading the way among TON-based projects are the liquid staking protocol Tonstakers and decentralized exchange STON.fi, with a combined $283.4 million in total value locked. The network’s native cryptocurrency Toncoin (TON) has also skyrocketed, climbing over 61% in the past month to currently trade at around $6.51</p> 
<p>TON’s rising TVL and token price have been fueled by increasing buzz, including news of a <a href="https://twitter.com/ton_blockchain/status/1777265080557596840" target="_blank" rel="noreferrer noopener" data-wpel-link="external">partnership</a> between the TON Society developer community and AI firm HumanCode. Speculation is also swirling about the potential launch of the USDT stablecoin on the TON network after a teasing “big announcement” post.</p> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Gm 💎<br><br>Who's ready for the big announcement?! <a href="https://t.co/1i3dBKVYkG" target="_blank" data-wpel-link="external">pic.twitter.com/1i3dBKVYkG</a></p>— TON 💎 (@ton_blockchain) <a href="https://twitter.com/ton_blockchain/status/1780854274018222361?ref_src=twsrc%5Etfw" target="_blank" rel="noopener" data-wpel-link="external">April 18, 2024</a>
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<p>With momentum clearly on its side, all eyes are on the TON blockchain as it continues rapidly gaining traction in the crypto world.</p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p><strong>Also Read: </strong><a href="https://www.cryptotimes.io/2024/04/19/trust-wallet-faces-sync-problems-and-security-concerns/" target="_blank" rel="noreferrer noopener" data-wpel-link="internal">Trust Wallet Faces Sync Problems and Security Concerns</a></p> 
</blockquote>

TON Network Hits New Milestone With $154M TVL All-Time High

The Crypto Times

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