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TON Ecosystem Expands: DeFi, Gaming Drive 1 Million Active Wallets

Sep 18, 2024
  1. Growth in Activity and Importance of DeFi
  2. Popular DeFi Applications
  3. Key Gaming Projects and Their Role

The TON ecosystem is showing significant growth with an increase in active wallets and the market value of stablecoins. Major drivers include activity in mini-games and the development of decentralized finance (DeFi).

Growth in Activity and Importance of DeFi

The number of daily active wallets in the TON ecosystem is nearing 1 million, with the market value of stablecoins reaching $668 million. Mini-games and DeFi applications are the main growth drivers.

Popular DeFi Applications

Among the leading decentralized applications are Tonstakers, STON.fi, and DeDust. Tonstakers, a liquid staking platform, increased its total value locked (TVL) to $197.72 million, a 4.4% rise. Similarly, STON.fi and DeDust saw TVL growth of 6.92% and 13.39% respectively. Meanwhile, Bemo Finance and Cygnus Finance experienced slight declines.

Key Gaming Projects and Their Role

Gaming projects like Grand Combat and Rocky Rabbit contribute to user engagement within the TON ecosystem. Attractive game mechanics and rewards stimulate user interest and activity, which positively impacts the overall growth of the ecosystem.

The TON ecosystem continues to grow thanks to activities in DeFi and gaming projects. The increase in active wallets and the growth in stablecoin market value underscore the importance and potential of this blockchain platform.

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