The Web3 engine of TON gives Telegram’s Mini Apps a competitive advantage, opening up new monetization tools, according to the TON Foundation ecosystem lead.
Telegram-linked blockchain platform, The Open Network (TON), recorded massive growth in 2024, with a large amount of activity coming from the adoption of Telegram Mini Apps like Notcoin and Hamster Kombat.
According to data from DefiLlama, the total value locked (TVL) in various TON projects has surged more than 2,000% since early January, jumping from just $14.2 million to $307.6 at the time of writing.
While only around for a while, Mini Apps on Telegram have significantly contributed to the mass adoption of blockchain and cryptocurrency technology, with many industry observers recognizing their significant potential in onboarding the first billion crypto users.
