Bitget's report shows TON ecosystem's significant growth, with daily transactions increasing 12-fold and total value locked rising 1,800%.

Bitget's report on the TON (Telegram Open Network) ecosystem reveals significant growth, with daily transactions increasing 12-fold to 1.2 million and total value locked rising 1,800% to $350 million. The ecosystem's integration with Telegram has fueled interest in on-chain gaming apps. However, it faces challenges like low trading activity and regulatory risks. The report suggests a potential shift toward "de-Telegramization" and anticipates that the TON token will follow broader market trends.

September 19, 2024
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