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Telegram's TON Q2: Significant Account and Transaction Growth, Deflationary Measures, and Developments in DeFi, NFT, and Cross-Chain Solutions

blockchain.news

In Q2 2023, The Open Network (TON) saw a 2.88 million total accounts and 173 million transactions, making it the 14th largest cryptocurrency by market capitalization. TON's technology, ecosystem, and economy improved significantly, comparable to the previous quarter.

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Timeline of Toncoin


Development Status of Rainbow Cross-Chain Bridge for The Open Network - The Cryptonomist

The Open Network (TON) currently provides multiple excellent cross-chain solutions: a bridge for Toncoin between the TON network and Ethereum or BNB Smart Chain, as well as a token bridge that enables the transfer of Ethereum tokens (such as USDT or USDC) to the TON network and vice versa.


Toncoin (TON) Continues Downward Trend As Bears Maintain Control - NewsBTC

Toncoin (TON) has experienced a negative price decline, resulting in a bearish sentiment among investors of the altcoin. TON has been exhibiting a bearish strength on a monthly timeframe, based on data from CoinMarketCap.


Toncoin (TON) Taps Major Listing, Here's Its Impact on Price - UToday

Toncoin (TON) has joined the list of the best performing altcoins on the market today, having surged by 6.28% to $2. The growth of Toncoin is best appreciated when placed in comparison to other major assets, including Bitcoin (BTC) and Ethereum (ETH), both of which are down by 1.94% and 2.07%, respectively.


TON Accelerator Program to inject $25 million into revolutionary blockchain projects on The Open Network (TON) - Cryptopolitan

The Open Network (TON), an avant-garde technology aiming to integrate all blockchains and Web2 internet into a unified network, revealed today that it had launched its highly anticipated TON Accelerator Program.


Toncoin (TON) Price Plummets As Bears Overpower Bulls In Market Downturn - NewsBTC

Toncoin is trading in the red today, losing some of its price gains in the past week. Its 24-hour trading volume is down over 3% at press time, indirectly contributing to today's price slump.


Toncoin (TON) Price Plummets After Bears Defy To Surrender Control - NewsBTC

Recently, the price of Toncoin (TON) witnessed a rapid decline, causing investors and traders to worry about the asset's potential. The bear's refusal to surrender control can cause TON's price to drop, increasing the negative market sentiment around it.


Toncoin [TON] Price Analysis: 05 April - AMBCrypto

As the broader cryptocurrency market turns bullish, with Ethereum breaking past the $1,840-resistance level to hit $1,900 and Bitcoin attempting to climb above $29,200 again, Toncoin (TON/USDT) displayed mixed signals based on various technical indicators.


Toncoin [TON] climbs into resistance zone, but momentum favored the bulls - AMBCrypto

Toncoin [TON] has gained 15.85% in the past week, measured from the swing low at $1.96 that TON registered last Saturday. It appeared likely that bulls could continue to drive prices higher.


Toncoin (TON) Sees Positive Moves While Top Coins Land In Red - NewsBTC

With the bears controlling the crypto market, many coin prices have gone south, trading at values far below their previous weeks' prices. The downtrend could be due to increased bearish sentiments and fear among investors in the market.


Tonstarter Closes $1.5 million Seed Round as Primary Fundraising Platform for The Open Network (TON) - CryptoNewsFlash

The TON Foundation, a non-profit association of developers and enthusiasts that exists to advance The Open Network (TON), has today announced that Tonstarter, the primary fundraising platform on TON, has closed a seed round of $1.5 million.

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