The Open Network (TON) is currently witnessing a surge in popularity, as various on-chain metrics skyrocket. According to CryptoQuant, these metrics highlight the steady growth of TON.
The transfer volume on the TON blockchain ranges between $5 billion and $10 billion, which is a significant achievement considering TON is only four years old. In comparison, Bitcoin’s average daily transfer volume is around $50 billion, indicating that TON has already reached 10% of Bitcoin’s capacity.
Another noteworthy metric is the number of token owners on the TON network, which has dramatically increased over the past year. There are now 32 million token holders, compared to just 2.9 million a year ago. This tenfold increase demonstrates the growing popularity of the TON-Token.
The sharp growth in transfer volume and the number of token holders indicates a growing confidence and demand for The Open Network. With more users and transactions taking place on the network, TON is on track to become a major player in the blockchain industry. This growth trend suggests a promising future for TON, attracting more investors and developers.
Overall, TON’s on-chain metrics are consistently impressive, with a transfer volume of up to $10 billion and 32 million token holders. This positions The Open Network as one of the rising stars in the blockchain space, with significant opportunities and a growing presence.