Ethereum

Hamster

Notcoin

Impact

Rise

<p>An unexpected piece of news shook the crypto community: Telegram’s blockchain, TON (The Open Network), has surpassed Ethereum in terms of daily active addresses. This phenomenon raises many questions and offers a fascinating insight into the forces at play in this ecosystem.</p>
<h2 id="h-the-rise-to-power">The Rise to Power</h2>
<p>The rise of TON is impressive. This <a href="https://www.cointribune.com/et-la-blockchain-quest-ce-que-cest/" target="_blank" rel="noopener noreferrer nofollow">blockchain</a>, supported by the popular messaging app Telegram, saw its daily active addresses surpass those of Ethereum throughout the last month.</p>
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<p>According to <a href="https://x.com/Delphi_Digital/status/1800199716367397300" target="_blank" rel="noopener noreferrer nofollow">a report by Delphi Digital,</a> this growth is primarily attributed to Telegram’s massive user base, which reaches approximately 900 million.</p>
<p>The wide distribution and easy integration of Telegram users into the TON ecosystem played a crucial role in this rapid increase.</p>
<p><strong>Delphi Digital</strong> described this situation as a reversal, noting that the success of <strong>TON</strong> could well be underestimated by some players in the crypto market.</p>
<p>However, the real question remains whether this meteoric growth is sustainable in the long term and whether <strong>TON</strong> can truly maintain its dominant position against a crypto giant like Ethereum.</p>
<p>While it is tempting to directly compare <strong>TON</strong> to Ethereum, it is essential to note some important nuances.</p>
<p>For example, on June 11th, the three main Ethereum layer 2 solutions (Arbitrum, Base, and Optimism) together showed a total of 1.3 million daily active addresses. These layer 2 solutions play a key role in the Ethereum ecosystem, increasing its transaction processing capacity and reducing fees, in line with the roadmap set by Ethereum co-founder Vitalik Buterin.</p>
<h3 id="h-factors-behind-ton-s-growth">Factors Behind TON’s Growth</h3>
<p>Several elements explain the recent increase in activity on the <strong>TON</strong> network. The integration of the stablecoin <strong>Tether (USDT)</strong> on <strong>TON</strong> has certainly helped attract more users.</p>
<p>Moreover, the launch of <strong>Notcoin</strong>, a “tap-to-earn” token that allows users to earn rewards by completing various social challenges, was also a significant factor. Since its introduction five months ago, <strong>Notcoin</strong> has already attracted 35 million users.</p>
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<p>Telegram hasn’t stopped there. On June 6th, the platform launched <strong>Telegram Stars</strong>, an in-app currency for digital purchases. This new feature was well-received by the crypto community, with rapid adoption on iOS and Android devices.</p>
<p>Telegram’s mini-apps, like <strong>Hamster Kombat</strong>, have also gained popularity, attracting millions of users every day. In this simulation game, players can increase their exchange revenues by purchasing “upgrade cards” and completing quests.</p>
<h2 id="h-impact-on-the-crypto-ecosystem">Impact on the Crypto Ecosystem</h2>
<p>The surge in activity on <strong>TON</strong> has significant repercussions for the entire crypto ecosystem. The rise of crypto-related features on Telegram, including exchange bots and mini-apps, has turned the platform into a central hub for crypto enthusiasts.</p>
<p>For example, <strong>Hamster Kombat</strong> recently announced that it had become the most popular channel on Telegram in terms of users, demonstrating the considerable impact of these innovations. Additionally, <strong>Pixelverse</strong>, a Web3-based gaming ecosystem on Telegram, raised $5.5 million in a funding round with the participation of leading investors in the crypto and Web3 gaming sectors, such as <strong>Delphi Ventures</strong>, <strong>Merit Circle</strong>, and <strong>Mechanism Capital</strong>.</p>
<p>The impressive performance of <strong>TON</strong> against Ethereum raises intriguing questions about the future of cryptocurrencies. While <strong>TON</strong> continues to grow thanks to Telegram’s massive user base and constant innovations, Ethereum remains a major player with its layer 2 solutions and solid roadmap.</p>
<p>This situation reflects the dynamic and competitive nature of the crypto universe, where new forces constantly emerge to challenge established status quos. In any case, these developments are a vibrant testament to the continuous innovation and resilience of the crypto ecosystem.</p>

Crypto: Tone dethrones Ethereum in terms of active addresses

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