Notes

Telegram’s Support of TON: Key for Remarkable Expansion
According to Coinatory, Telegram’s vigorous endorsement of blockchain endeavors has spurred a considerable migration to TON. This move has notably increased user engagement and almost doubled the on-chain TVL within two months.

According to DefiLlama statistics, users have deposited over $319 million into the TON network backed by Telegram. The spike in activity began in late February, and by early April, the TVL was nearly double. This swift growth demonstrates the effectiveness of Telegram's integration strategies and its magnetism to the crypto community.

Expansion of TON’s Ecosystem
The TON ecosystem has seen rapid growth, primarily due to Telegram’s introduction of additional crypto-related features. Coinatory reported that multiple on-chain protocols are now being created on the Telegram-affiliated blockchain. These include derivatives projects, exchanges, lending platforms, liquid staking providers, gaming initiatives, and privacy solutions. The variety of projects demonstrates the robustness and flexibility of the TON blockchain.

Telegram Fuels TON’s Rapid Growth
A critical factor driving TON’s growth is the advent of “mini-apps,” web3 games designed directly on the Telegram platform. These mini-apps harness TON’s open-source software development kit (SDK) and engage Telegram’s vast user base of 900 million. This integration helps developers connect with a large audience with minimal monetized advertising.

Pavel Durov, Telegram’s founder and CEO, has actively endorsed TON’s integration. His support has inspired more developers to engage with the platform and design innovative blockchain solutions. Key projects like Hamster Kombat and Notcoin (NOT) have enjoyed significant success. For click here , Notcoin’s airdrop campaign dispensed millions to users, while Hamster Kombat attracted over 19 million daily active users within three months.

Streamlining Crypto Transactions
Telegram’s endorsement of Tether (USDT) and its built-in Wallet app has additionally incentivized developers and users to participate in the TON ecosystem. By streamlining crypto transactions to just a few clicks, Telegram has become a leading platform for blockchain activities. This ease of use is crucial in attracting users who may be new to the cryptocurrency space.


Conclusion
Telegram's strategic promotion and integration of The Open Network (TON) have brought about impressive growth in user engagement and TVL. By leveraging its vast user base and introducing developer-friendly features, Telegram has created a thriving ecosystem for blockchain innovation. As Coinatory reported, the success of mini-apps and the seamless integration of crypto transactions signify the potential for continued growth and adoption of TON. Telegram’s dynamic approach serves as a compelling case study for other platforms wanting to enter the blockchain space.

In conclusion, Telegram’s backing has been crucial in TON’s rapid expansion, demonstrating the powerful impact of strategic integration and user-centric development in the blockchain sector.

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