TON blockchain sees explosive 3,435% growth in daily active addresses over 2024

The Open Community (TON) blockchain has seen a major enhance in on-chain metrics in 2024, with buying and selling quantity, complete worth locked, lively customers, and each day transactions all rising considerably.

In line with information from Artemis, each day common buying and selling quantity on TON decentralized exchanges (DEX) elevated from simply over $2 million to $17.2 million in September – representing a development of 760% for the reason that starting of the yr.

Statistics within the chain are rising

Artemis information exhibits that there will likely be substantial development within the community’s key metrics by 2024. Every day lively addresses on TON elevated from 26,274 in January to 902,737 in September -A 3,435% development for the reason that starting of the yr.

In the meantime, each day transactions noticed a equally substantial spike, rising twelvefold, from 232,286 in January to 2,823,801 in September.

Notably, person confidence within the community has additionally grown this yr, with the full worth (TVL) on the community rising eight instances to $741.3 million in September, up from round $76 million in the beginning of the yr.

Moreover, a current research by Bitget report identified that the broad enhance in exercise had an affect on the community’s income from transaction charges. Customers’ bills on charges are roughly $75,000 per day. This contributes roughly $37,500 to TON blockchain validators each day.

Sport exercise on the chain

TON has established itself as a high community for on-chain gaming. A September twelfth report from DappRadar revealed that TON is the sixth largest gaming blockchain, with 177,000 common each day distinctive lively wallets (UAW) in August.

The report additionally highlighted a hyperlink between nations with essentially the most Telegram customers and TON utilization, with Russia accounting for a good portion of the community’s exercise because of its 35 million Telegram customers.

Moreover, the Commonwealth of Unbiased States (CIS) area as a complete exhibits heavy participation in TON dApps, with Belarus, Uzbekistan, Ukraine and Kazakhstan among the many high 10 nations with essentially the most interactions with Notcoin.

South Asian and Third World nations equivalent to Brazil and Nigeria additionally present important participation, particularly in initiatives providing free token rewards.

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