How many millions of transactions are made daily in TON in 2025

To begin with, TON isn’t a crypto exchange; it’s an open, decentralized blockchain.

In 2017-2018, the Durov brothers, the founders of the Telegram messaging app, began exploring potential blockchain solutions to board their vast user base.

Unfortunately, they couldn’t find one, so they devised their Layer -1 blockchain TON – Telegram Open Network.

However, after some regulatory issues, Telegram backed out from the blockchain solution, and the global developers community took over governing the blockchain.

But they soon restricted and came back stronger.

Is TON owned by Telegram?

No, Toncoin (TON) is not owned by Telegram. Toncoin was initially developed as part of the “Telegram Open Network” (TON) by Telegram, the popular messaging app founded by Pavel Durov.

However, in 2020, Telegram had to abandon the project due to legal challenges from the U.S. Securities and Exchange Commission (SEC).

After Telegram’s exit, the project was taken over by an independent community of developers and enthusiasts, and the blockchain was rebranded as “The Open Network” (still abbreviated as TON).

The TON Foundation, a non-profit organization, now oversees the development and promotion of the network, including Toncoin. Thus, while Toncoin has its roots in a project started by Telegram, it is no longer owned or directly controlled by Telegram.​

Quick Glimpse Of TON Coin Telegram’s Blockchain Statistics

1. In 2024, the TON ecosystem will have 1.8 billion accounts.
2. TON reported a TLV of $600 million in June 2024.
3. Till 2024, TON completed 725.5 billion transactions.
4. In 2023, the network completed 107,652,545 transactions within 25 minutes.
5. According to the last report, the TON network has raised about $504 million from different investors.

TON Blockchain Daily Active Addresses

The TON blockchain has garnered attention since its inception for its unique features. It even outpaced Ethereum in terms of daily active addresses in 2024.

This is just one citation of TON blockchain’s success; we have collected more data indicating TON blockchain’s growing popularity and success.

Number of TON Blockchain Users & Accounts

TOM ecosystem accounts involve all the accounts and entities on the blockchain. It doesn’t refer to the total number of crypto users or developers’ accounts separately.

All users with accounts in the ecosystem are included, whether they are cryptocurrency traders, developers, or even validators. It counts all the user’s accounts, developers’ accounts, service providers, staking accounts, validator servers, etc.

Initially, in 2019, the TON blockchain ecosystem recorded 35,000 accounts, which, in Q1 of 2024, reached up to 6.4 million.

The growth percentage noted within these five years is approximately 18285.71%. Such a significant surge in account counts makes the success of TON very evident.

Even in 2023, the number of accounts in the TON ecosystem was around 1.8 million. So, between 2023 and 2024, the number of accounts shot up by 255.56%.

Year	Accounts Count
2019	35 thousand
2020	Not Found
2021	80 thousand
2022	0.12 million
2023	1.8 million
March 2024	6.4 million

TON TVL Statistics

TVL is total value locked, which refers to the digital assets currently in use or staked in a deFi platform.

Per the last report of June 2024, the TON has a TVL of $600 million.

This TVL, just a month prior in May, was above $300 million. In one month, the TVL experienced a 100% growth.

TON Blockchain Transaction Numbers

TON emerged as the fastest open network. It set a world record in 2023 by achieving the highest speed of 104,715 transactions per second.

In 2023, it completed 107,652,545 transactions within 25 minutes. From 2023 to 2024, it boasts of completing 725.5 billion.

TONCOIN 24-Hour Trading Volume

About 2.46 billion TONCOIN in circulation.

Within the five months into 2024, it has reported a 24-hour trading volume of $499.9 million.

TON USDT Intergation: What is USDT in the Ton Network?

USDT (Tether) in the TON (The Open Network) refers to the stablecoin Tether (USDT) being launched on the TON blockchain. USDT is a well-known stablecoin pegged to the US dollar, meaning that 1 USDT is designed to always be worth approximately 1 USD.

By deploying USDT on the TON network, users benefit from TON’s fast and low-cost transactions, making it convenient for sending, receiving, and storing stable value in the ecosystem. TON’s integration of USDT provides additional liquidity and allows users to participate in decentralized finance (DeFi) activities, trades, and transfers on the TON blockchain.

This also opens up the TON ecosystem to broader financial applications by leveraging a widely trusted stablecoin like USDT, enhancing utility and adoption across different platforms and services within the TON network.

TON Coin Exchanges

TON Coin (TON) is the native cryptocurrency of The Open Network (TON), and it can be exchanged on various cryptocurrency exchanges.

These exchanges support trading pairs with other major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and stablecoins such as USDT. Here’s a list of some popular exchanges where TON Coin is available for trading:

1. KuCoin – Offers TON/USDT trading pairs.
2. OKX – Supports TON/USDT pair and provides a reliable platform for trading.
3. MEXC Global – Features TON/USDT and other trading pairs.
4. Gate.io – Provides TON/USDT pair with good liquidity.
5. Huobi – Offers trading of TON against USDT.
6. Bybit – You can trade TON Coin on Bybit as well, usually with USDT or other major cryptos.

To trade TON, you’ll need to create an account on one of these platforms, deposit funds, and then execute trades using available trading pairs.

If you’re looking for decentralized exchanges (DEXs), they may eventually support TON as its ecosystem grows, but currently, centralized exchanges are the primary venues for trading TON Coin.

Ton Coin Price Prediction 2025

Price predictions for cryptocurrencies like TON Coin (TON) are highly speculative and depend on various factors, including market trends, adoption rates, technological developments, and the overall state of the crypto and global economy.

Staking and Validator On TON Blockchain

Staking is dedicating a part of the network’s native currency to the network’s operations.

In this case, locking TONCOIN, TON’s native currency, and directing it toward the network’s operations is called staking. So, as of July 2024, the total amount staked on TON is 647.8 million.

Validators are the entities that verify and validate transactions happening over the TON network.

Validators are the ones who uphold the security of the network and carry out the consensus mechanism. They can produce new blocks and add them to the blockchain. They govern the network.

In 2024, TON has about 384 validators active on the network.

What is the TON blockchain?

Ton is a fast, secure, scalable, open, decentralized blockchain that makes digital transactions faster and easier.

It’s an all-rounder open internet platform that allows decentralized communication, buying, selling, and sending of digital assets and the development of apps.

TON blockchain forms an ecosystem with components like TON DNS, TON storage, and TON sites. It’s not just a crypto exchange.

Although it has entered the crypto world with its native currency, TONCOIN, it’s also the currency that is used for all the transactions happening in the TON ecosystem.

The blockchain operates on a Proof-of-stake consensus model.

Some validators verify transactions and create new blocks. These validators are designated based on the amount of TONCOIN they hold and how much they are staking.

How many millions of transactions are made daily on TON Blockchain in 2024?

As of 2024, the TON (The Open Network) Blockchain is known for its high transaction throughput, often processing millions of transactions daily.

The exact number can vary, but it generally ranges from 5 to 10 million daily transactions. This high volume is attributed to the network’s scalability and efficiency, making it a popular choice for various applications.

Where to find Ton Blockchain addresses?

You can find TON Blockchain addresses through various platforms:

1. Blockchain Explorers: Websites like ton.sh or tonscan.org provide access to TON addresses. These explorers allow you to search for specific addresses, view transaction histories, and check balances.

2. Wallet Applications: TON wallet apps (e.g., Tonkeeper, Tonhub) will display your wallet address. You can copy your address to share or use it for transactions.

How to get Ton Blockchain wallet address?

To get a TON Blockchain wallet address:

1. Download a Wallet: Choose a TON-compatible wallet, such as Tonkeeper or Tonhub, from official app stores (iOS/Android) or their websites.

2. Create a New Wallet:

   • Open the app and follow the setup instructions.

   • The app will generate a seed phrase (a series of words). Write this down and keep it secure, as it is the key to your wallet.

   • After confirming your seed phrase, your wallet address will be generated and displayed.

3. Backup Your Seed Phrase: Ensure that you store your seed phrase in a safe place. This phrase allows you to recover your wallet if needed.

Once set up, you can use the wallet address to receive TON cryptocurrency or interact with the TON blockchain.

FAQs

1. In how many countries are TON validators located?

Per the last report of 2024, TON blockchain’s validators are scattered across 30 countries.

2. How many on-chain activated wallets are there on the TON network?

As of July 2024, 9.570 million on-chain activated wallets are on the TON blockchain.

3. Does TON charge any transaction fees?

Every transaction on the network costs around 0.005 tons.

4. What are the benefits of holding TONCOIN (TON) tokens?

• First, the TOINCOIN (TON) is needed to pay the network transaction fees.
• Second, by staking TONCOIN, users can participate in a proof-of-stake consensus mechanism.
• Third, TONCOIN holders get to have governance rights within the network.

The users’ TON amounts decided whether they could participate in any voting within the network. And lastly, many applications built on the TON blockchain may charge TONCOIN as payment for access.

5. How can TONCOIN (TON) be acquired?

There are a few ways users can acquire TONCOIN:

1. Crypto Exchanges – Anyone can buy the TONCOIN on crypto exchanges and trading platforms.
2. P2P Transactions – In this case, you can directly buy TONCOIN from individuals or bodies holding TON.
3. Airdrops & Rewards – You can also get TON during those airdrops (the marketing act where free distribution currencies happen) or through rewards. You get rewards by taking part in activities happening in the TON ecosystem.

6. How much is 1 TONcoin worth in USD?

Today, 1 Toncoin (TON) is approximately USD 6.51. This value is updated in real time, reflecting the current market conditions.

7. How much is 1 TONcoin in rupees?

Today, 1 Toncoin (TON) is approximately ₹550.96 INR. The price has fluctuated slightly over the past few days but is currently holding around this value.

8. Is TONcoin proof of work?

No, Toncoin (TON) is not a Proof of Work (PoW) cryptocurrency. Instead, it uses a Proof of Stake (PoS) consensus mechanism. In a PoS system, validators are selected to create new blocks and validate transactions based on the number of tokens they hold and are willing to “stake” as collateral. 

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