Toncoin

<ul><li>TON blockchain&#39;s TVL surpasses $300M, a tenfold increase since early March.</li><li>The Open League boosts TON&#39;s TVL from $23M to $315M with DEX and staking projects.</li><li>The network onboarded 1M wallets during the Notcoin event, ensuring smooth transactions.</li></ul><a href="https://ton.org/" rel="noopener noreferrer nofollow">The Open Network</a> (TON) blockchain has achieved a significant milestone, with its total value locked (TVL) surpassing $300 million for the first time. This marks a more than tenfold increase in locked value since early March, reflecting substantial growth driven by ongoing initiatives within the ecosystem.The surge in TVL can be attributed to the ecosystem <a href="https://ton.org/open-league" rel="noopener noreferrer nofollow">initiative known as The Open League</a>. This initiative incentivizes users to engage with TON’s leading decentralized applications. As a result, the network&#39;s TVL has experienced rapid growth, rising from $23 million in early March to $315 million, according to DeFiLlama <a href="https://defillama.com/chain/TON" rel="noopener noreferrer nofollow">data</a>. Key contributors to this growth include decentralized exchanges such as Ston.fi and Dedust, along with liquid staking projects like Tonstakers and bemo.A notable development in the TON ecosystem was the recent <a href="https://www.binance.com/en/square/post/8538716366801" rel="noopener noreferrer nofollow">onboarding</a> of 1 million wallets during the token generation event for Notcoin, a viral clicker game integrated as a Telegram Mini App. TON’s robust architecture facilitated seamless transactions for these users, free from network outages, increased fees, or processing delays.<a href="https://cryptotale.org/ton-tvl-exceeds-300m-mark-boosted-by-the-open-league-incentives/" rel="noopener noreferrer nofollow">Source - https://cryptotale.org/ton-tvl-exceeds-300m-mark-boosted-by-the-open-league-incentives/</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

TON TVL Exceeds $300M Mark Boosted by The Open League Incentives

CryptoTale

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