Notes

Future of Blockchain Integration: Telegram and TON
Just recently, I stumbled upon some interesting details on Coinatory concerning how Telegram’s support of blockchain projects has caused a considerable move to The Open Network (TON). This move has significantly increased user engagement and nearly doubled the on-chain Total Value Locked (TVL) in a mere two months.

According to DefiLlama, users have put over $319 million into TON, a decentralized network supported by Telegram. Activity on the network spiked in late February, and TVL has practically doubled since early April, demonstrating the quick growth and increasing confidence in this platform.


TON’s environment has been developing rapidly, primarily because of Telegram introducing more crypto-related functions. Various on-chain processes are now being built on the Telegram-affiliated blockchain, like derivatives projects, exchanges, lending platforms, liquid staking providers, gaming initiatives, and privacy solutions. This variety is a testament to the adaptability and capability of TON.

One major factor behind TON’s growth is the increase of “mini-apps,” which are web3 games developed directly on the messenger platform. Donald Trump crypto -apps utilize TON’s open-source software development kit and have reach Telegram’s large user base of 900 million users, profiting from minimal monetized advertising corridors. This smooth incorporation is fostering a vibrant ecosystem of blockchain-based applications directly within the Telegram app.

Telegram’s creator and CEO, Pavel Durov, has been a vocal proponent of TON’s integration, encouraging more developers to utilize this offering and interact with the crypto community. This endorsement has led to the introduction of several successful projects. For instance, Hamster Kombat and Notcoin (NOT) have launched their blockchain games on TON with significant success. Notcoin, for example, distributed millions to users via airdrop, while Hamster Kombat engaged over 19 million daily active users in merely three months. These successes highlight the potential for blockchain gaming on TON.

Additionally, Telegram’s support for Tether (USDT) and its built-in Wallet app has further motivated developers and users to engage in TON. By simplifying crypto transactions to only a few clicks, Telegram has positioned itself as a leading platform for blockchain activities. This user-friendliness is essential for mainstream adoption and user interaction in the crypto space.

The rapid growth and variety of TON’s ecosystem highlight the capability for Telegram to emerge as a major contender in the blockchain world. With the support of its extensive user base and the continuous development of innovative features, TON is poised for continued success. As Coinatory highlighted, the synergy between Telegram and TON could change the way we interact with blockchain technology, making it more available and incorporated into our daily lives.

All in all, Telegram’s thoughtful moves and strong endorsement of blockchain projects are driving significant growth and engagement on The Open Network. This trend is likely to continue as more developers and users join this promising platform. Keep an eye on TON, as its evolution could very well mold the future of blockchain integration in mainstream applications.

Website: https://coinatory.com/cryptocurrency-news/trumps-crypto-holdings-surpass-10-million-driven-by-maga-coin-surge-19361/