Toncoin active addresses hits daily average of 3 mln: Impact on TON?

Ton active addresses hit a daily average of 3 million. Increased demand and adoption show investor favorability for Ton

has experienced a sustained recovery on its price charts. As of this writing, Toncoin was trading at $5.78. This marked a 4.8% increase over the past day.Prior to this, Toncoin was on a downward trajectory, declining by 15.61% over the past months. However, the latest surge in demand indicated by higher trading volume gives Ton some signs of life.

Based on this observation, Toncoin has reached a daily average of 3 million active addresses throughout the first week of September. Just like the growth in active addresses, a higher transaction count suggests that Ton’s network is actively being utilized.As illustrated by IntoTheBlock analysis, the increased activity within the Ton blockchain positions, the altcoin for better market performance. The question is how does this impact its price charts?For starters, TON has experienced a sustained positive price DAA divergence over the past week.

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