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Telegram's Chosen Chain

TON recently entered the top ten tokens by market cap. What's going on?
Telegram's Chosen Chain
David Christopher David Christopher
Apr 26, 2024 • 3 min read
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The-Open-Network blockchain, known as TON, has catapulted onto crypto’s main stage recently with some epic gains. What's going on with this thing?

TON was initially developed by the popular messaging app Telegram, but despite Telegram distancing itself from its core development over legal concerns, Telegram is continuing to embrace the chain and its token.

Recently, TON has experienced tremendous growth from both a price and activity perspective, with its token increasing a casual 170+% in the past three months while also seeing its active monthly wallets simultaneously 6x.

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In The Article
TON TON Tether Tether Cardano Cardano Farcaster Farcaster
David Christopher

Written by David Christopher

430 Articles • View all      

David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.

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