Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
The TON blockchain has surpassed a record $600 million in total locked value

The TON blockchain has surpassed a record $600 million in total locked value

Cryptodnes2024/06/18 23:19
By:Cryptodnes

DefiLlama announced that the TON blockchain experienced a significant surge, reaching $609.75 million in total locked value (TVL).

This development marks an increase of $300 million from three weeks ago. TVL on DeDust, a decentralized exchange liquidity pool based on TON , which is one of the network's leading protocols, grew by 49% (about $300.5 million) in the past week. Other small projects like bemo Stakee and EVAA also witnessed double digit increases.

The TON blockchain has surpassed a record $600 million in total locked value image 0

The TON blockchain has gained quite a bit of traction as Telegram's preferred Web3 integration solution. Telegram, one of the most used messaging apps in the world, reportedly boasts over 900 million users.

The acceptance of block Telegram's TON has brought various mini Play-To-Earn games to its platform such as Notcoin, Yescoin and Hamster Kombat.

READ MORE:
This is why altcoin prices fell last week

TON has also seen increased confidence as a result of investments and partnerships. Last month Pantera Capital announced it had invested in TON, while in April Tether ( USDT ) също заяви, че си сътрудничи с проекта.

SHARE: SHARES
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Exclusive Interview with Bitget CMO Ignacio: Good Code Eliminates Friction, Good Branding Eliminates Doubt

A software engineer’s philosophy of branding.

链捕手2025/11/21 16:23
Exclusive Interview with Bitget CMO Ignacio: Good Code Eliminates Friction, Good Branding Eliminates Doubt

App delays and launch sniping: Base co-founder’s token issuance sparks community dissatisfaction

While most major altcoins are showing weakness, Jesse has chosen to issue a token at this time, and the market may not respond positively.

链捕手2025/11/21 16:23
App delays and launch sniping: Base co-founder’s token issuance sparks community dissatisfaction