Toncoin Sees Major Players Increasing Holdings by 100k to 1M Tokens
Toncoin, a layer-1 blockchain developed by Telegram, is witnessing a substantial increase in the number of addresses holding between 100,000
Toncoin (TON) was founded by Telegram, formerly known as Gram, which established the platform. It is also called the native token for The Open Network (TON), a decentralized Layer 1 blockchain network. Toncoin operated the TON blockchain’s PoS consensus process to pay transaction fees, settle payments, and validate transactions.
TON launched an on-chain governance platform, TON VOTE, significantly increasing Toncoin’s transaction volume by 98%. The integration of Toncoin into Ledger’s hardware wallet has enhanced its security and market credibility. The TON ecosystem was developed to handle the needs of millions of users making everyday transactions. Unlike Bitcoin and Ethereum, which investors primarily use, TON focuses on catering to the typical consumer.
It’s designed to be integrated into an easy-to-use app, allowing users to buy quickly, send, and store coins. To know the latest developmental activities within this realm, follow and read from CryptoTale.
Toncoin, a layer-1 blockchain developed by Telegram, is witnessing a substantial increase in the number of addresses holding between 100,000
Whales are making waves in the Toncoin (TON) ecosystem, orchestrating transactions worth over $1 billion in recent movements as highlighted
Santiment, a leading market intelligence platform, has shared insights into the growth of non-empty wallets among top market cap cryptocurrencies
According to CryptoRank’s recent post, Bitcoin’s current trading landscape showcases a volatile market as it hovers above the $57,000 mark,
Toncoin is Very Bullish rating on the Sentiment Score is a strong indication that the coin has been performing well
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