The post Top 3 Promising TON-Native Coins Backed with Real Ecosystem Utility appeared on BitcoinEthereumNews.com.

In the ever-evolving world of cryptocurrencies, the The Open Network (TON) ecosystem has made significant strides this year. Telegram, with its 900 million monthly active users (MAU), represents one of the largest distribution channels for Web3-adjacent users. Being perceived as more secure and protective of user privacy, the messenger has established itself as the primary crypto communication app. Every non-US user automatically receives an abstracted crypto wallet upon registering on Telegram, making the TON ecosystem one of the strongest candidates to push Web3 adoption at scale. With the rise of TON itself (having a market cap of $18.26 billion as of this writing and hitting its all-time high of $8.25 on June 15, 2024), numerous projects have emerged, capturing the attention of the crypto community. The TON ecosystem currently features over a hundred coins, categorized into various segments such as utility tokens, meme coins, DeFi projects, and NFT-related tokens. According to recent statistics, the TON blockchain is experiencing significant activity with over 4.70 million transactions per day, about 367K active daily wallets, and around 8.1 million NFTs minted. Additionally, there are 50.84 million Toncoin locked in liquid staking. Moreover, the integration of USDT (Tether) on TON is now live across over 60 platforms worldwide, including marketplaces, travel platforms, exchanges, and wallets, extending the TON blockchain’s connectivity. Still, the TON ecosystem is flooded with speculative coins and extremely volatile meme tokens that are difficult to predict and unsuitable for long-term investment. However, some coins within the network offer real utility and have a high probability of being in demand in the future. From TON’s promising lineup, a trio of projects catches the eye, boasting solid foundations and a winning formula for long-term success. In the post-halving era, the crypto market’s overall growth is projected to surge, which could give these projects an…

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Filed under: News - @ July 12, 2024 4:12 pm