- Increase in Trading Volume and Active Users
- Rise in Total Value Locked and Transaction Revenues
- Popularity in CIS Countries and Gaming Success
In 2024, the Open Network (TON) blockchain has seen substantial growth in key indicators, including trading volume, total value locked (TVL), active users, and daily transactions.
Increase in Trading Volume and Active Users
Artemis data indicates a 760% year-to-date increase in the daily average trading volume on TON's decentralized exchanges (DEX). The number of daily active addresses on TON increased from 26,274 in January to 902,737 in September, while daily transactions surged 12-fold from 232,286 in January to 2,823,801 in September.
Rise in Total Value Locked and Transaction Revenues
The total value locked (TVL) rose eightfold to $741.3 million as of September 2024, reflecting increased user trust in the network. The network's revenue from transaction fees has also grown, with users expending approximately $75,000 daily, resulting in about $37,500 daily for TON blockchain validators.
Popularity in CIS Countries and Gaming Success
TON has positioned itself as a premier network for on-chain gaming, recording an average of 177,000 unique active wallets daily in August. The Commonwealth of Independent States (CIS) region shows significant engagement in TON dApps, with Minsk, Tashkent, Kiev, and Almaty ranking among the top 10 nations for interactions with Notcoin.
The growth in TON blockchain's metrics in 2024 underscores its significance and potential for further development, particularly in the gaming sector and CIS countries.
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