The TON blockchain is on a steady rise and so is its token value. This blockchain began to get its fame with the rise of tap-to-earn video games like Notcoin and Hamster Kombat. These two crypto-backed video games considerably boosted Telegram’s recognition. This gave a terrific enhance to the TON value. However is there extra to this development? Let’s discover.

Telegram Open Community Integration

These Telegram-based apps use the Telegram Open Community. Consequently, the utilization of its blockchain has surged. Information from Artemis reveals that the TON blockchain’s day by day transaction charge far exceeds Ethereum’s and continues to rise. On July 17, TON recorded 4.9 million transactions, whereas Ethereum had only one.2 million. Moreover, TON’s day by day energetic deal with rely has left Ethereum far behind. Even in comparison with Ethereum’s Layer 2 options like Arbitrum, Base, and Optimism, Telegram Open Community leads in day by day transactions.

TON’s Value Surge

The rising recognition of TON-based video games justifies its value rise. Evaluating it with Bitcoin’s value motion, it emerges because the winner. On March 14, Bitcoin hit a brand new ATH however then dumped nearly 27%, shedding $20,000. In distinction, from March 14 to April 11, TON rose by 102%. At present, TON trades close to its ATH at $7.28. With wholesome corrections, TON’s value continues to climb. Since February 24, TON is up 310%, whereas Bitcoin is barely up 22%.

Regardless of the worth distinction, TON’s steady upward curve contrasts with Bitcoin’s downward development. If TON maintains its present tempo, it might simply attain $35-$40 by year-end. If new options are launched and extra apps like Hamster Kombat and NotCoin acquire fame, its value might probably attain $50.

Telegram’s Progress as an All the things App

TON has surpassed Bitcoin in day by day transactions and is giving powerful competitors in day by day energetic addresses.

The developments on Telegram recommend that the social media app is on its solution to turning into an EVERYTHING app. Telegram already presents messaging, calling, video streaming, teams, and supergroups. Now, with the introduction of mini apps, Telegram is gaining vital fame. Its practically 1 billion person base totally helps its progress. The introduction of crypto based mostly video games will assist its blockchain to get extra engaged and token’s value to skyrocket.

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