Ethereum

2024

Future

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<ul class="wp-block-list">
 <li>TON is rapidly increasing its number of holders, attracting significant interest.&nbsp;</li>  
 <li>Ethereum's growth remains steady but slower than TON's rise.</li>  
 <li>If TON continues this trend, it could draw more developers and applications.</li> 
</ul>  
<p>Recent data from CryptoQuant shows that The Open Network could soon surpass ETH&nbsp; in holder numbers. Currently, the token has 137 million holders, while TON has 112 million holders. However, TON’s fast adoption may allow it to overtake Ethereum by December 20, 2024.</p>  
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<p>CryptoQuant's projections reveal a sharp increase in TON's adoption rate. This growth marks a substantial shift in the competitive surroundings of blockchain networks. As of October 25, projections suggest that TON could reach over 140 million holders by year-end. This increase positions TON as a potential leader in holder count.</p>  
<h2 class="wp-block-heading" id="h-comparing-growth-trajectories-ton-vs-ethereum"><strong>Comparing Growth Trajectories: TON vs. Ethereum</strong></h2>  
<p>CryptoQuant's analysis includes a chart that tracks both <a href="https://cryptonewsland.com/solana-whales-watch-quietly-as-catzilla-catz-presale-booms-could-this-memecoin-surpass-kaspa-and-toncoin/" target="_blank" rel="noopener noreferrer nofollow">TON </a>and Ethereum holders. The data shows that TON’s recent growth has a steep upward trend. In contrast, Ethereum’s growth rate remains steady but much slower.</p>  
<p>This difference in growth rates has crucial implications. If this trend continues, TON may redefine the current ranking among blockchain networks. The increasing number of holders shows a growing interest in alternatives to Ethereum. Moreover, the rise in TON holders suggests a strong interest in new blockchain projects.</p>  
<h2 class="wp-block-heading" id="h-implications-of-ton-s-expanding-user-base"><strong>Implications of TON’s Expanding User Base</strong></h2>  
<p>The expected rise in TON’s holders could affect the broader blockchain industry. Traditionally, Ethereum has been the dominant blockchain. However, the rapid growth of TON presents a challenge to that dominance.</p>  
<p>Additionally, more holders may attract more developers to TON. This situation could lead to a thriving ecosystem of applications and increased utility. As user engagement rises, the network may see more interest from investors.</p>  
<p>Moreover, TON’s growth may indicate a trend toward diversifying user preferences in cryptocurrency. As users explore emerging networks, the competitive dynamics of blockchain technology may change.</p>  
<h2 class="wp-block-heading" id="h-what-does-this-mean-for-the-future-of-blockchain"><strong>What Does This Mean for the Future of Blockchain?</strong></h2>  
<p>As TON approaches a possible crossover point with ETH, industry watchers are monitoring these developments. As December nears, the cryptocurrency community will keep a close eye on how these trends develop.&nbsp;</p>  
<p>TON’s rapid growth could signal a turning point in the blockchain ecosystem. By challenging <a href="https://cryptonewsland.com/market-shakeup-with-750m-exits-and-price-dips/" target="_blank" rel="noopener noreferrer nofollow">Ethereum’s </a>dominance, TON may bring a new era of blockchain competition.</p> 
<p>The post <a href="https://cryptonewsland.com/ton-set-to-overtake-ethereum-in-holder-count-by-december-2024/" rel="noopener noreferrer nofollow">TON Set to Overtake Ethereum in Holder Count by December 2024</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

TON Set to Overtake Ethereum in Holder Count by December 2024

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