Arman Shirinyan
TON is gaining market share it deserved, shows on-chain data
The growth of NOT coin was exceptional, but apart from it, the TON coin is also gaining some serious traction on the market, with 8% growth in the last 24 hours, which makes it one of the strongest contenders on the market. But why is everyone so interested in TON?
With its strong performance, TON is comparatively independent and does not depend on the trends of the global market. For investors seeking resilience and stability in the erratic cryptocurrency market, this is an important consideration.
With its consistent upward trajectory, TON has demonstrated its resilience and potential for long-term growth in contrast to many other coins that experience wild fluctuations based on general market trends. The integration of TON with Telegram, one of the biggest messaging apps in the world that has been gaining traction steadily, is another important factor in TON’s appeal.
The large user base of Telegram offers TON a ready market increasing its usefulness and uptake. Since TON is designed for such a popular platform, it has an inherent advantage in terms of adoption and usage, which is fueling interest in it on the market. A key sign of a network’s inherent growth is the presence of an active development community, which TON is witnessing.
In addition to representing constant innovation and improvement, a thriving development community also demonstrates confidence in and dedication to the project. To sustain and grow user engagement and confidence in the coin’s future, this continuous development work is essential.
Week-opening interest in TON is also significantly higher following additional price increases and increased trader activity. Its recent performance and the aforementioned factors most likely pushed positions of TON higher than many investors anticipated.
