Over the last 30 days, USDT transactions on TON reached over 4.5 million, with transaction volumes exceeding $300 million.
, the crypto associated with the The Open Network blockchain, continues to gain traction among crypto enthusiasts, driven by recent developments.
As of press time, USDT’s dominance sits at 5%, with its highest point recorded during the August market crash, when most cryptocurrencies saw significant declines. Despite this consolidation, it appears that TON may have found a bottom around a FVG zone. The increasing adoption of stablecoins, particularly USDT, on the TON blockchain suggests that a long-term bullish outlook for TON could be on the horizon.With USDT’s growing popularity, more stablecoins could be converted into TON, which would increase demand for the cryptocurrency.
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