TON Successfully Reaches $10 Billion Daily Blockchain Transaction Volume

Bittime - With its integration with Telegram, the TON blockchain reached $10 billion in daily transaction volume, and the number of token holders increased from 2.9 million to 32 million, showing huge growth in the crypto industry.

TON Successfully Reaches $10 Billion Daily Transaction Volume

According to data collected by on-chain analytics firm CryptoQuant, TON reached $10 billion in daily blockchain transaction volume. Current transaction volumes range between $5 billion and $10 billion.

This shows the platform's popularity and impressive growth. Meanwhile Bitcoin's average daily transfer volume is currently around $50 billion, according to a CryptoQuant post.

TON's achievements are quite impressive

Although this is the biggest achievement in other on-chain metrics, such as increasing token holders. One of the fastest growing blockchains in the industry is a product of the most popular messaging application, Telegram. With a market capitalization of over $2.45 billion, the TON blockchain currently ranks ninth among all crypto assets. 

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TON Experiences a Huge Surge

CryptoQuant emphasized that TON token holders have increased exponentially from 2.9 million to 32 million, an increase of more than 1000%, indicating the increasing popularity of TON. 

This upgrade has significantly increased the credibility of the TON blockchain in the crypto community and increased its potential user base. TON announced on Twitter that it hopes to have 500 million on-chain users by 2028 through improved user experience.

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Telegram Plays a Role in Increasing TON's Popularity

This year, TON blockchain activity increased as a result of the popularity of Web 3 clicker games, which drove its adoption. TON's integration with Telegram apparently has more than 900 million users, significantly increasing crypto adoption. Telegram also has trading bots and offers automated trading services to Telegram users who interact with cryptos on the TON blockchain. 

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Conclusion

Showing its increasing popularity, the TON blockchain has reached $10 billion in daily transaction volume. After integration with Telegram, which has 900 million users, the number of TON token holders increased from 2.9 million to 32 million, ranking it ninth among crypto assets with a market capitalization of more than $2.45 billion. By 2028, TON hopes to reach 500 million on-chain users.

How To Buy Crypto With Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.