ON blockchain has had an amazing run in 2024 in terms of adoption, trading volume, TVL, active users, and daily transactions.
Unbelievable Increase in Key Benchmarks
In September, TON’s active addresses increased rapidly from 26,274 in January to 902,737 in September daily. This means TON’s has experienced a 3,435% increase. By September only, daily transactions reached 2.8 million; growing 12 times. Furthermore, user confidence is shown with the network’s TVL surging 8 times to $741.3 million.
DEX Trading and Revenue
The daily average trading turnover has increased from $2 million to $17 million after the decentralized exchanges on TON. A 760% growth is shown on those below the age of 24 standing at 2 million. In terms of investments, the network poured around $75,000 transaction fees every day, making the validators earn $37,500 per day.
TON token awoke in on-chain gaming.
TON hosted 177,000 average daily unique active wallets in August, ranking down sixth for the blockchain for gaming. The use of Telegram aids in this growth, especially for the residents of Russia and other CIS countries.
Global Participation
TON’s projects that provide free tokens have greatly impacted developing nations like Nigeria, Brazil and countries in the South Asian region, showing visible interactivity with TON.
TON's 2024 Surge
The features ought to be maintained with a Gaming & DeFi Lead, subject to change at any moment in time through a DAO vote. In the blockchain industry, TON is a new player that will be distinct in on-chain gaming and DeFi activities.
