Blockchain TONS Reaches 100 Million Active Users Amid Ecosystem Development

Blockchain TON reaches 100 million active users in the midst of ecosystem developments (Photo; Doc. Cryptomist)

JAKARTA - Blockchain TON, a layer-1 (L1) network integrated with Telegram's social media platform, has recorded extraordinary achievements by reaching 100 million unique wallet addresses. This achievement was driven by the popularity of the tap-to-earn-based game on Telegram, which has succeeded in attracting users to participate in the blockchain ecosystem. This rapid growth shows how great the potential and attraction of TONS among the digital community is.

According to data from CryptoQuant analysts, TON has seen a 95% jump in the number of active users since early 2024. At the beginning of the year, TON only had about 4.3 million users, but now the number has jumped to more than 100 million wallet addresses with balances. This increase reflects the success of the TON blockchain ecosystem in attracting new users and maintaining an existing user base.

TON's involvement with Telegram is one of the main factors behind this growth. Initially, TON was developed by Telegram under the name Telegram Open Network, but this project had experienced obstacles and was not integrated into the Telegram application. Then, the new development team continued this project, and Telegram's interest in TON rose again in September 2023 when they launched a TON-based crypto wallet, which made it easier for users to transact and participate in various projects on the network.

One of the main drivers of the surge in TON users is the emergence of various tap-to-earn games that allow players to get tokens in return after completing certain tasks. Games such as Notcoin became one of the first debuts on the TON network and immediately attracted millions of users. Other games, such as Dogs and Hamster Kombat, also contributed to increasing the appeal of this ecosystem among Telegram users.

The presence of these games not only increases the number of users, but also introduces more people into the crypto world through the TON ecosystem. CryptoQuant analysts note that partnerships between Telegram and TON have helped connect millions of Telegram users with the crypto industry, opening up new opportunities for users to explore blockchain technology.

Although the TON network experienced an extraordinary increase in the number of users, its original coin price, Toncoin, has not shown any impressive signs. At the time of writing, Toncoin is trading at 5.19 US Dollars (approximately IDR 79,310), down 1.4% in the last 24 hours. The price is also 37% lower than the all-time high of 8.24 US Dollars (approximately IDR 126,000) which was achieved in June 2024.

Last month, reports showed that about 80% of Toncoin holders suffered losses due to a sharp price drop. However, with the growing TON ecosystem and the possibility of rising major crypto prices such as Bitcoin, there is hope that Toncoin will also experience an increase in prices in the future.