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Bloomberg: One of the fastest growing projects in the crypto space this year is TON

Bloomberg: One of the fastest growing projects in the crypto space this year is TON

Odaily2024/07/06 04:00
By:Odaily
Odaily News One of the fastest growing projects in the cryptocurrency space this year is The Open Network (TON), a Telegram-related project. Telegrams previous blockchain plans had drawn the displeasure of U.S. regulators. By partnering with Telegram to gain the favor of its 900 million monthly active users, TONs TVL soared 1,400% this year, once exceeding $1 billion. According to data tracked by DeFiLlama and Coingecko, TONs market value has increased to about three times its previous level since January, and has entered the top ten. (Bloomberg)
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