The post TON Network Surpasses 100 Million Holders in 2024 Growth Surge appeared on BitcoinEthereumNews.com.

TON holder base grew from 4.3 million to 100 million in 2024 due to Telegram integration and mini-app expansion. Travala’s integration with TON enhances Web3 adoption, offering over 2.2 million properties globally for crypto-based bookings. With the number of users exceeding 100 million in 2024, the Open Network (TON) has achieved an amazing turning point on its path towards mainstream acceptance. The network only had 4.3 million members at the beginning of the year, so this was more than a 2,000% rise over a few months, according to CryptoQuant. Its close connection with the extensively utilized Telegram messaging app explains this fast development. Users of this platform can quickly engage with TON’s decentralized ecosystem without having to follow difficult procedures, including wallet setup. TON’s accessibility has opened doors for numerous new people entering the Web3 and crypto space. $TON Holder Count reaches 100 million “At the beginning of the year, the number of holders was ‘only’ 4.3 million. This shows that #TON has experienced huge growth.” – By @JA_Maartun Read more 👇https://t.co/sqFPm5bM9d pic.twitter.com/V0Ikl1bkXF — CryptoQuant.com (@cryptoquant_com) October 8, 2024 Mini-Apps and DeFi Growth Fuel TON Expansion  The boom of Telegram’s mini-app ecosystem drives much of TON’s success. Rising in popularity, these mini-apps, such as Hamster Kombat, have helped TON onboard millions of users. With 900 million monthly active users of Telegram, TON has a great potential audience and simpler access to interact with its blockchain technology. In-app purchases and other monetizing choices for developers improve TON’s appeal even more and entice even more producers into its system. TON’s growing prominence in distributed finance (DeFi) also helps to explain this fast acceptance. Approximately $400 million has been reached in total value locked (TVL) on the TON blockchain during the previous year, which has steadily increased. Its ranking among the top 20…

---

Filed under: News - @ October 10, 2024 6:19 am