The value locked on the TON blockchain has reached a new peak of $154 million, marking a significant accomplishment. This represents a nearly tripling of its value within the past month and over ten times the amount from the previous year, as indicated by DefiLlama’s data.
Among projects built on the TON blockchain, Tonstakers and STON.fi stand out as pioneers. Tonstakers is a liquid staking protocol, while STON.fi is a decentralized exchange. The total value locked in these two platforms amounts to approximately $283.4 million. Additionally, TON’s native cryptocurrency, Toncoin (TON), has experienced significant growth, increasing by over 61% within the past month and currently trading around $6.51.
The growing Total Value Locked (TVL) in TON and the surge in its token price can be attributed to heightened excitement, driven by reports of a collaboration between the TON Society developer group and AI company HumanCode. There’s also buzz around the rumored introduction of USDT stablecoin on the TON platform following an intriguing “major announcement.”
The TON blockchain is garnering significant attention with its growing popularity in the cryptocurrency scene, as its momentum continues to build steadily.
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2024-04-19 10:22