The prediction raises a hopeful sign for the struggling DeFi sector, which has been underperforming other crypto niches like memecoins and smart contract platform-related tokens.
The Open Network (TON) could be the key to unlocking the mainstream adoption of cryptocurrencies and decentralized technologies.
The TON blockchain’s virality is largely attributed to its relationship with the messenger app Telegram and its over 950 million users who can access TON-based blockchain applications directly via the messenger app.
This dynamic could make TON the catalyst for true mainstream decentralized finance (DeFi) adoption, according to an Oct. 17 report by GSR, which states:
