TON network's daily users have dropped from 5 million to 1.58 million, raising questions about whether the hype is over or if another surge is possible.
has experienced a sharp decline in daily active users, dropping from over 5 million at its peak to 1.58 million, according to data from
The history of TON’s daily active addresses shows a series of rapid increases, generally tied to specific events or broader market excitement. In the initial phase from late October to mid-December, user activity remained relatively stable, with no major spikes.Between mid-March and late April, daily active addresses spiked sharply, possibly driven by price increases and heightened market interest. The period from May to early July saw fluctuations, characterized by short-lived peaks.
Notably, 91% of the token’s supply is held by large holders, pointing to a high level of centralization.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TON network surges: DEX growth signals bullish momentum for ToncoinThe TON network sees explosive growth in DEX activity, signaling potential bullish momentum for Toncoin's price.
Read more »
‘Overvalued’ Toncoin holders are accumulating, but TON’s price will…Toncoin [TON], at press time, was down by close to 14% from the high it made in late September - $6.13. That's not all though as market...
Read more »
USDT’s popularity on Toncoin rises: Will this trigger a TON bounce?Over the last 30 days, USDT transactions on TON reached over 4.5 million, with transaction volumes exceeding $300 million.
Read more »
Why Toncoin’s latest move could trigger new altcoin frenzy despite current dipCYBRO offers enticing rewards like lucrative staking benefits, exclusive airdrops, and cashback on purchases.
Read more »
Toncoin’s shift to long-term HODLing – What does this mean for you?The balance of power may be tipping in favor of Toncoin long term holders, but TON's price is still struggling to sum up enough bullish...
Read more »
Toncoin’s rally to $5.804 stalls amid mixed signalsTON's rally to $5.804 stalls as mixed signals and reduced supply hint at a potential bullish breakout, though market uncertainty persists.
Read more »