If I tell you there is an:
โข Underlooked L1
โข W/ a great potential for Mass Adoption
โข Onboarding 1 Billion Users
Do you know what I'm talking about?
We're talking about 10x TVL in 3 months, 1M Weekly Active Wallets & some of the fastest growing communities
๐๐๐ฃ๐๐ ๐๐งต
I'm talking about @ton_blockchain here obviously.
I know that if you're on X and active on Crypto you've heard about TON already, but do you know how fast it grew and how far it can still go?
I've been keeping an eye on TON for years & I noticed recently its insane growth.
โฆ What's TON?
The Open Network (TON) is a decentralized and open internet, created by the community using a technology designed by Telegram.
โ A Web3 ecosystem within Telegram Messenger โ TON is giving billions the opportunity to own their digital identity, data, and assets.
Telegram currently has over 900M monthly active users,
and has been in the top 5 most downloaded apps in the world for a few years now.
Telegram is also privacy-oriented.
As Telegram is growing to be the world's most popular messaging app, the growth potential is huge for TON!
With the recent launch of $USDt on TON, it's even easier to use TON & onboard new users.
Sending stablecoins arround the world for free, on one of the fastest blockchains.
You can also get high APYs on TON/USDt pair, on Stonfi & Dedust. (Up to 500%).
x.com/ton_blockchain/status/1782382158818021748
โฆ So what can you do on TON?
Apart from zero-fee $USDt transfers and withdrawals, direct integration in Telegram, and ease of use?
Of course there is a big TON ecosystem, DeFi Products & Games.
You also have many Apps integrated directly into Telegram.
Some of them are super popular already, like @thenotcoin which recently launched.
$NOT Launch was massive, with over 1.2B MCap already!
$NOT launch is TON's first major ecosystem project catalyst, and this is only the beginning.
With popular projects like Notcoin, TON can onboard new users onchain.
The launch on TON has led to significant onchain results:
โช๏ธ New Notcoin onchain holders: 1,000,000+
โช๏ธ Notcoin mints: 841k+
โช๏ธ DEX activity: 216k+ swaps by 117k+ traders in 30 hours
Another MiniApp is launching on TON, @hamster_kombat, a Tap-2-Earn management simulation game.
They already have 60M users and 4M followers on X.
They selected TON to launch their token in June.
So it's another opportunity to earn tokens:
t.me/hamster_kombat_bot
x.com/ton_blockchain/status/1796529639684280340
TON also recently grew a lot thanks to The Open League incentive programme, which distributed $40M to the TON Community.
This shows the team knows how to attract users, offer incentives, and create interest around TON Ecosystem.
You can earn more tokens for free!
Here is the growth since The Open League Programme:
โข Daily active wallets (DAW): 370k (+725%)
โข Monthly Active Wallets: 1.7M (+325%)
โข DeFi TVL: $328M (+800%)
โข LPs: 37.5k (+765%)
โข Daily Trading Volume: $29.2M (+1,038%)
โข Token Holders: 1.6M (+1,316%)
The season 4 of The Open League programme is starting Now! (June 13th)
We can expect another wave of users & incentives ๐
It's starting with boosted pools on @ston_fi & @dedust_io with over $1.8M in rewards for the next two weeks.
This season features four leaderboards, including two new battles: DeFi and NFT, along with the Token and App categories.
Keep onchain activity high and provide liquidity via the @TONOpenLeague bot to earn rewards!
Learn more about it โ
๐ t.me/open_league_bot
x.com/CryptoShiro_/status/1787474925017579800
TON Team is building hard, making new partnerships, integrating new apps, onboarding more people, and it does not seem to be slowing down.
Recently Pantera, which is the oldest fund in the crypto space, announced that they have made their biggest ever investment into $TON.
โฆ Conclusion
This thread was made in collaboration with @ton_blockchain.
Many things are coming for TON and it seems like they're well positioned to massively onboard new users, especially with the easy connection with Telegram.
NFA & DYOR as always ๐ซก
Frens that also share alpha about TON:
@alpha_pls
@hmalviya9
@stacy_muur
@the_smart_ape
@kem1ks
@0xDefiLeo
@cryppinfluence
@zucl1ck
@KingWilliamDefi
@0xJok9r
@Tanaka_L2
@MoonKing___
@0xTindorr
@crypthoem