The Open Network (TON), backed by Telegram's massive 900 million user base, has surpassed Ethereum in the number of active users.
TON's gradual growth, aimed at integrating with Telegram, shows significant progress compared to rival Ethereum, whose user base has been steadily declining over the past month.
Delphi Digital analysts note that TON has the potential to become a new leader in the blockchain industry thanks to the dynamic growth in the number of active users, exceeding 568,300 in one day.
Toncoin Market Dynamics
Toncoin, TON's main cryptocurrency, is also gaining popularity, with its price up 21% since early June to reach an all-time high of $7.63, highlighting increased interest in the platform.
The rivalry between Ethereum and TON continues to intensify, and analysts expect Toncoin to continue to grow in popularity and value in the coming months.
Thus, TON and Telegram demonstrate their potential for further development and the ability to change the dynamics of the blockchain market.