The number of active addresses on the TON network has increased by 228% in the past month
Bloomberg crypto analyst Jamie Coutts stated on the X platform that in the past month, TON's active addresses (DAU) have increased by 228%, reaching over 600,000. According to this key indicator, it ranks in the second tier of L1. The fully diluted valuation (FDV) of the network is $34 billion.
Coutts commented on this data: "The Telegram ecosystem has 800 million DAUs. This is an audience that has already been attracted and they will naturally join the chain as developers develop more tools. This situation seems to be happening already. It's great news for cryptocurrency."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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