In the latest Cointelegraph video, we break down the rise, recent challenges, and future potential of The Open Network (TON).
The Open Network (TON), once hailed as the fastest-growing blockchain of 2024, is facing a significant slowdown. Just a few months ago, it reached an impressive 100 million wallets, thanks to its integration with the Telegram messaging app.
The rapid rise of TON can be attributed to its distribution through Telegram’s Mini Apps and games. “We were unable to find the kind of distribution outlets until Telegram came along and opened up their ecosystem,” Animoca Brands chairman Yat Siu pointed out.
The ease of access, with Mini Apps and a wallet directly integrated into Telegram, made it easy for users to engage with the blockchain.
