Token

Future

<ul> 
 <li><strong>TON’s transaction volume reaches $10 billion daily, highlighting its growing popularity and impressive growth.</strong></li> 
 <li><strong>TON token holders increase from 2.9 million to 32 million, showcasing exponential growth.</strong></li> 
</ul>  
<p>Although the general crypto market is still down, there has been a tremendous upsurge in the Open Network (TON) native token.</p> 
<p>As of right now, <a href="https://www.crypto-news-flash.com/binance-boosts-ton-network-with-usdt-integration-amid-market-volatility/">TON</a> is trading for about <strong>$7.59</strong>, up <span style="color: #339966;"><strong>5.95%</strong></span> over the last 24 hours, according to CoinMarketCap data. The slow progress of most other cryptocurrencies contrasts sharply with this noteworthy increase.</p> 
<div class="cryptoboxes" id="mcw-435413" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="toncoin" data-symbol="TON" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div>
<h2 id="strong-impressive-transaction-volume-strong"><strong>Impressive Transaction Volume</strong></h2> 
<p>The daily transaction volume of the token has impressively surpassed $10 billion, according to <a href="https://cryptoquant.com/insights/quicktake/66728345aef6a3112f748db0-On-chain-metrics-of-TON-are-going-parabolic">data</a> from on-chain analytics firm CryptoQuant.</p> 
<figure style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class="size-medium" src="https://img.cryptoquant.com/2008/quicktake/3YVf0_1d6e297c34b16d2efe5191edbf95bdeb338737303f38c493956bcc7427541d8f.png" width="1280" height="720">
 <figcaption class="wp-caption-text">
  Source: CryptoQuant
 </figcaption>
</figure> 
<p>The volume, which ranges between $5 billion and $10 billion, indicates that the platform is becoming more and more well-liked. With Bitcoin’s average daily transfer volume of around $50 billion, for instance, the token has already used 10% of Bitcoin’s capacity.</p> 
<p>Other important on-chain metrics are still growing steadily for <a href="https://www.crypto-news-flash.com/pantera-capital-increases-investment-in-toncoin-with-new-fund/">TON</a>, even outside of transaction volume. Token holders now number 32 million, a startling surge of more than 1,000% from 2.9 million. This rise emphasizes how the cryptocurrency community is using and accepting TON more and more.</p> 
<p>With a market cap of more than $2.45 billion, <a href="https://www.crypto-news-flash.com/ton-blockchain-unveils-tapswap-a-game-changing-tap-2-earn-app-on-telegram/">TON</a> is now ranked ninth out of all cryptocurrencies. This outstanding position confirms that it is among the blockchains expanding the quickest in the market.</p> 
<h3 id="strong-ton-s-enhanced-credibility-and-future-plans-strong"><strong>TON’s Enhanced Credibility and Future Plans</strong></h3> 
<p>The rapid increase in TON token holders and transaction volume has significantly increased the legitimacy of the TON blockchain. Of course, this also drives up the token price.</p> 
<p>The legitimacy boost can draw in a much bigger user base. In keeping with this, as their latest Twitter announcements indicate, TON has <a href="https://www.crypto-news-flash.com/toncoin-ton-foundation-aims-to-reach-500-million-users-on-chain-by-2028/">lofty goals</a> to onboard 500 million users on-chain by 2028, as previously reported by CNF.</p>

Take a Look: Why TON Is Surging While the Crypto Market Slumps

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