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Toncoin (TON) has been in the spotlight recently, with its blockchain seeing significant expansion. As more people get involved with the TON Foundation, the network stability is rising, leading some to wonder: Could TON be nearing a new all-time high (ATH)? While the situation looks promising, it’s worth asking whether this momentum can be maintained. What factors will influence the price of TON in the near future? What’s Happening with TON? Toncoin, often known as TON, has become more important in the crypto world. Created by Telegram, the mission of this open network is to provide a blockchain that is decentralized, secure, and scalable. The TON foundation, which provides support for the open network, plays a key role in keeping the network stable and helping it grow. The TON network is built to handle millions of transactions each second, which makes it a strong option for decentralized applications and services. Despite a tough 2024, the TON blockchain has shown it can handle challenges. It’s now the 10th biggest altcoin by market capitalization, behind such altcoins as DOGE and the highly promising XRP. The security and performance are supported by the efforts of several validators and many network contributors who keep the system running smoothly. Recently, the TON price jumped by 6%, largely because of renewed interest from the continued involvement of Telegram in the project. But while the short-term outlook is bright, experts monitoring the TON Foundation for a longer period have different ideas. They suggest that long-term success of TON will need more than just a few good days. A new token, DOGS coin, is also catching attention in the TON blockchain system. This coin will be a key part of a decentralized application (dApp) focused on trading digital dog-themed assets. Millions of users are expected to join this…

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Filed under: News - @ September 2, 2024 7:16 pm