Aug 21, 04:02 PM

TON Network Sees 23x Growth in Transactions, 7x Surge in Masterchain Activity

The TON Network has experienced significant growth over the past year, with daily transactions reaching 4.6 million, a 23-fold increase year-over-year. The number of daily active wallets has surged to 443,910, marking a 75-fold increase. The network's fully diluted valuation (FDV) has grown fivefold to $34.2 billion. Additionally, the TON Masterchain has reached a record high of 946 daily active addresses, a sevenfold increase since July 2021. This surge in activity is attributed to the expansion of decentralized applications (dApps) and workchains, as well as the recent listing of TON on Binance and the integration of Tether's USDT and Telegram's ad revenue split into the network.