Telegram's blockchain project, The Open Network (TON), is experiencing significant growth and adoption. Initially announced in 2018 by Telegram's Durov brothers, the project raised $1.7 billion through an Initial Coin Offering. TON has recently hit new milestones, including a 2,000% increase in Total Value Locked (TVL) and surpassing Ethereum in Daily Active Users (DAUs). The network now has over 30.3 million token holders, a 51% increase from last month and a 742% rise year-to-date. TON aims to onboard 500 million users by 2028 and has allocated $200 million to stimulate its Open League initiative. The blockchain's integration with Telegram's 900 million monthly active users is seen as a key driver of its rapid adoption. $TON recently hit an all-time high of $8 and is now priced at $7. David Zimmerman from K33Research noted the significance of this growth.