TON Blockchain assets break through 1 billion US dollars after recovery

One of the best-performing projects in the cryptocurrency field this year is associated with Telegram Messenger LLP, a competitor to WhatsApp, whose blockchain plan had previously angered U.S. regulators. Despite Bitcoin reaching new heights before the recent sell-off, the industry is still broadly on the rise, and Open Network (TON) blockchain remains a focus in the cryptocurrency field. By partnering with Telegram, TON has won favor from 900 million monthly active users; this year, assets locked up on TON have soared by 1,400%, exceeding $1 billion at one point. According to data tracked by DeFiLlama and CoinGecko since January, TON's market value has approximately doubled and now ranks among top ten in terms of market capitalization.