Activity on TON has skyrocketed since the start of the year. In January, the number of daily active addresses held around the 20,000 mark and stands at around 400,000 today. Moreover, the transaction figures on TON have largely followed the same trend as, at the start of 2024. The network would typically see anything between 75k and 200k transactions per day but hit a high on July 30th with 1.7M transactions. Further, on January 1st, TON’s TVL stood at around $13.5 Million. Notably, today TON’s TVL stands at $593 Million with an ATH of more than $770 Million.

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