After the 6 hours down occurred last week and the achievement of more than one billion total transactions couple of days ago, popular blockchain The Open Network (TON), linked to Telegram, is getting a good performance, with a growth of over 7%.
The transaction's increase, according to data from the analysis platform TON Scan, exceeded 1.04 billion, half of which occurred in the last three months alone. The rapid increase in the number of transactions indicates the growing commitment of the TON platform, supported by integration with Telegram's billion global users. The continued growth of the TON blockchain can largely be attributed to recent developments, including the introduction of the W5 smart wallet standard.
Over the past week, TON ecosystem has faced a series of setbacks amid a wave of unfavorable news. The turbulence began with the arrest of Telegram founder Pavel Durov, followed by two significant blockchain network outages that halted block production. In total, in just 68 days, the top ten coins within the TON ecosystem have collectively lost $5.13 billion in value.
Today arrived a message from Pavel Durov arrives, after several days during which, for obvious and well-known reasons, communications had ceased, and $TON confirms his desire to roar again. +7% in the last 24 hours, in the face of a crypto market that continues to suffer and move sideways before today's unemployment data, at 2.30pm. A situation which, however, began to develop as early as Thursday afternoon and which confirms that in reality there is something else that is moving on the $TON network and which is helping its recovery. There is an airdrop coming in addition to that of Hamster Kombat, and it will be that of Catizen, another game with a large following among those that have been popular on Telegram.
SOURCE: Coindesk, Criptovaluta.it
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Ilaria Vanni is a TV journalist for italian broadcasting and coordinator of The Meta Economist portal. She has a philosphy degree and she's now studing the economic and technological issues connected to the new frontiers of the metaverse.
