what's ton?
The Open Network (TON), originally developed by Telegram and now community-driven, is a scalable layer-1 blockchain integrated with Telegram. It supports DeFi, NFTs, and smart contracts via FunC, powering TON Wallet, swaps, NFT stickers, and Toncoin payments. TON delivers mini-apps and games, enabling seamless Web3 access for mainstream users.
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171 inactive early miner wallets containing 1.1 billion TON (21% of total supply) were frozen for 4 years in 2023 and unlock on February 2027.
Active addresses peaked at 16 million in 2024 and have since declined to 1.4 million per month as of 2025.
Speculation about an unconfirmed Pudgy Penguins airdrop allegedly leaked through a trading bot command, with eligibility requirements supposedly including holding Pudgy stickers on TON blockchain and trading volume, but the information has been removed and is not officially confirmed.
Listed on Grayscale's Q2 2026 "Assets Under Consideration" list for a potential fund, among over 30 new funds being eyed.
Whales accumulated 189,730 TON over the past three months (January 10, 2026 to April 10, 2026).
Continues burning 50% of transaction fees as part of the fee distribution mechanism.
Support for TON blockchain was removed from the Arkham Intel platform on 2026-04-07 at 12pm EST
Partners with Swiss-licensed SCRYPT to establish institutional USDT infrastructure for banks and fintechs on the TON network.
Ranks fifth among crypto projects by token holder count, trailing BNB Chain (322.2M), Ethereum (305.4M), Tron, and Solana.
Entered the top 10 sources and destinations on Rango Exchange for volume flow in March 2026.
Surpassed Ethereum in NFT trading volume in March 2026, recording $39.84 million against Ethereum's $35.95 million.
Added as tradable asset on Wallet (via Lighter) for perpetual futures trading, offering 50+ markets and up to 50x leverage, and reached 148.9M onchain holder addresses.
Scheduled token unlock $43.08M between April 6-12, 2026.
Listed as one of eight supported networks for zero-fee stablecoin onramping through MoonPay Agents.
Integrated with Identity Hub as a trust layer and discovery surface for early TON products, with the first cohort of launches now live.
Integrated with Dynamic to enable developers to build payment, trading, and commerce applications on TON within Telegram.
A wallet spent over 2,300 TON to acquire 68 TON of Memes NFTs over an 18-hour period ending on 2026-03-31, during which the floor price increased from 14 TON to 45 TON.
A TON-USDT liquidity pool is live on DeDust with $786K TVL and 9.4% current APR.
Integrated staking via P2P Validator in the Ledger Wallet app, enabling users to stake TON directly from vesting contracts without unlocking or moving tokens.
Integrated with WalletConnect for wallet connectivity, featured in WalletConnect's Payments Pulse podcast.
Launched a 4-episode interview series titled "Off Script with TON" hosted by Martin Leinweber (Head of Growth, TON Foundation), featuring Oleksandr Usyk, Ovie Faruq (Rekt Guy creator and Rekt Drinks founder), Robby Yung (CEO of Animoca Brands), and Ronit Ghose (global banking analyst).
Exceeded Ethereum's 24-hour NFT volume on 8 separate occasions during March 2026.
Launched TONNET Browser version 1.0.0 Beta, a native browser with ad blocker, 3-Hop Garlic Routing, .ton domain resolution, and TON Storage integration, built as open source by Resistance Tools Community.
Experienced net outflows in the 24-hour period ending March 23, 2026, as liquidity shifted toward Ethereum, BNB Chain, and Arbitrum.
Unlocks 36.5 million TON tokens ($53M, 0.7% of supply) monthly on the 23rd, starting October 2025, from the Believers Fund, which holds 1.3 billion TON under 3-year vesting that began in 2023.
Contributes to open-source Open Wallet Standard for AI agents, led by MoonPay with PayPal and Circle among 15+ contributors.
Ranked among top gainers in the market on March 23, 2026.
GalaSwap integrated a bridge enabling token bridging from TON, Solana, and Ethereum into GalaChain.
GAMEE, a gaming platform with 61 million users on Telegram, has 40+ Web3 partnerships including TON, Notcoin, The Sandbox, and Mocaverse.
TON token price declined 28.5% year-to-date in 2026, from $1.6934 on January 1st to $1.21 on March 20th.
Integrated with cBridge to enable cross-chain transfers of TONCOIN to BNB Chain as part of CoinMarketCap's CMC20 index product infrastructure.
Integrated with Telegram's wallet on TON, enabling EVAA token trading and purchases.
Removed blacklist and began showing taxable tokens on StonFi (tokens not yet tradable, solution in development).
Released Tech Updates EP3 featuring Aleksandr Kirsanov, creator of Tolk (a next-generation language for TON smart contracts), discussing smart contract development advancements.
Integrated WalletKit MCP into Mira, enabling users to create wallets, send TON via username, and check transactions directly in chat on testnet.
Included in Mastercard Global Crypto Program alongside 85+ firms.
Scheduled new consensus mechanism and TON Pay 2.0 release for Q2 2026.
Completed Bug Bounty for Sub-Second consensus upgrade, implementing identified changes and offering a $100,000 prize pool.
TVL sits around $60-70M as of March 2026.
Market cap is approximately $3B with daily volume near $70-80M as of March 2026.
Partnered with AlphaTONCapital involving NVIDIA GPUs for confidential AI computation on the network.
Integrated with LayerZero to bring USDT0 to Telegram's user base.
BronWallet launched on TON blockchain, offering cross-chain swaps, DeFi access, self-custody staking, and MPC security.
Hosts a TON Pay workshop on March 13, 2026 at 2 PM UTC on X to demonstrate payment integration and answer questions.
Official TON wallets now support BIP39 seed phrases, moving away from TON-native mnemonics.
Hosts second AI Agent Hackathon ($20K prizes) March 11-25, 2026, OpenClaw Hackathon with Hacken March 25-29, 2026, and AI Agent Tour across Asia March 21-22 with Alibaba Cloud; Teleclaw Agent launched on TON April 1, 2026.
STON.fi is running a $50,000 prize pool campaign called Portfolio Liberation, an educational campaign inside a Telegram bot where users learn about tokenized assets and earn rewards for completing challenges.
Sold an anonymous number for a record price of $880,000.
Launched "Make TON Great Again" initiative on April 9, 2026, featuring Catchain 2.0 upgrade, 1-second finality, 400ms block times, 10x network speed, and 20% APY staking rewards.
Distributed $14,000 in grants to 14 winners through the TON AI Agent Tooling Fast Grants program, which received 40 submissions for tools, SDKs, infrastructure primitives, and agent-to-agent building blocks.
A whale purchased the +888 8 787 anonymous number NFT for 325,000 TON ($422,000) on March 4th, 2026.
Partners with Chef Andre Rush, a chef with over 20 million followers, to build his direct community on Telegram powered by TON Foundation.
A whale lost 126,000 TON (approximately $176,000) to an address poisoning scam involving a lookalike address.
Ranked 6th among projects with the highest percentage increase in $100K+ whale transactions over the past month according to on-chain data.
Added BTC, ETH, USDT to Telegram wallet's Earn feature, offering up to 4% APY on TON deposits.
Hosted a VIP dinner event with Introduction and Web3Arcadia, featuring attendees from major crypto organizations including Kraken, LayerZero, Sui, Arrington Capital, Messari, OP Labs, Stellar, ZKsync, Canary Capital, Algorand Foundation, Circle, and Aleo.
A lending program launched on TON offering up to $10 million in capital for loans collateralized by Telegram digital collectibles, with loan sizes ranging from $2,000 to $150,000 depending on collectible type, minimum $10,000 loan amount for 1-month terms at 6% interest.
AppKit alpha live, launches vibe-coding loop in 2026 for AI agents in Telegram.
Integrated Moongate with TON Pay for NFT ticket payments, supporting TON and USDT for Gateway 2026 event tickets in a unified checkout.
Listed among top big cap gainers with a +7.03% price increase over a one-week period ending on 2026-02-18, also appearing on February 23, 2026.
Experienced 2 network outages in the past five years.
A whale spent $750,000 to purchase 57 Plush Pepes Telegram Gift NFTs on TON.
Partners with Banxa and OSL for stablecoin payment infrastructure for Asia-Pacific merchants and SMEs.
Plush Pepe NFT collection on TON achieved +21.5% performance over 30 days with a supply of 2,861 items, being the only collection in positive territory among top 10 NFT collections tracked.
Sponsors WalletCon Cannes on March 31, 2026, with Glenn Brown presenting on stablecoins, payments, and tech releases.
Unlocks $53.27M worth of tokens on 2026-02-21.
TON Strategy holds a position that is down 60% with unrealized losses of $431M.
Generated $41M in revenue during January 2026.
MoonPay integrated support for crypto deposits in TON wallet on Telegram.
Mentioned alongside Tempo as a platform for building IRL payment-related products, with predictions that one or two unicorns will emerge running on top of these platforms.
Completed a hackathon in collaboration with AWS, with winners announced on February 10, 2026.
Listed as a perpetual futures contract on Kraken Futures, now available for EEA traders.
Listed as a member of the Blockchain Payments Consortium alongside Fireblocks, Polygon, and Solana in a comment letter to the FED regarding skinny master accounts, where the consortium stated this model would eliminate anti-competitive practices in payment systems.
Launched TON Pay SDK and L2 payment network beta, supporting non-custodial, gasless, one-time, recurring, and subscription payments for Mini Apps, web apps, and bots.
Sold Telegram username "danbao" for 1,583,948 TON ($2.2 million) on Fragment marketplace on February 7th, 2026.
The Telegram username "xinqun" sold for 300,000 TON (approximately $379,000) on the Fragment marketplace on February 8th, 2026.
Hosts TON Event in Hong Kong on February 9, 2026, focused on crypto payments and on-chain assets for Web3 applications.
Cancelled Gateway Dubai 2026 conference (May 1-2) due to Middle East conflict and safety conditions, issues refunds within 14 days, plans alternative formats by end of 2026.
Featured in a community guide by STON.fi demonstrating how to build applications using Privy integration, covering wallet login and transaction functionality on the TON blockchain.
Achieved $3 million in NFT trading volume on January 18, 2026, ranking first among all blockchains.
Participated in Ignyte_AE Demo Day at Dubai's Museum of the Future, where 5 teams presented projects being built on TON Blockchain, with Dhahaby, TeleGift, and Tonsurance announced as the top 3 winners.
Head of Growth at TON Foundation will speak at WSB Live conference in Miami on January 28-30, 2026, discussing how Web3 products are scaling inside Telegram and across the TON ecosystem.
Integrated with Atomic Wallet, enabling users to buy, swap, send, and store TON in a non-custodial wallet with over 15 million users.
dumped 10% of the supply on retail
Launched a massive incentives campaign 1.5 years ago (approximately July 2024) that resulted in short-term TVL increase but no sustained ecosystem growth.
Hiring Lead Technical Writer for a full-time remote position through the TON Foundation.
Reached over 100 million activated users on TON Wallet in 2024.
Processed 839 million transactions in 2025 with an average fee of $0.009.
Integrated with Zodia Custody and Crypto.com for regulated custody of Toncoin and Jettons in 2025.
Integrated with Kiln and Copper for institutional staking services in 2025.
scheduled token unlock of $58.91M on January 22nd, 2025
Integrated Ethena's yield-bearing synthetic dollars (USDe and tsUSDe) into the TON ecosystem in 2025.
Implements NFT 2.0 with enforced creator royalties through TEP-62, TEP-64, and TEP-66 technical standards.
Integrated with Maya Protocol inside Unstoppable Wallet and on their STO trading interface
Integrating with WalletConnect to enable wallet connectivity, including support from wallets like SafePal and institutional access via Fireblocks.
Integrated private TON payment functionality on HoudiniSwap, enabling users to request TON payments from over 120 chains while keeping wallet addresses hidden.
Launches interview series "OFF Script With TON" featuring Web3 industry experts, with the first episode premiering on 2026-01-13.
Recorded $500.6M in stablecoin supply inflows over a 24-hour period, leading all blockchains in stablecoin supply changes.
Received the "Best Ecosystem Program for Developers" award at the BeInCrypto 100 Awards in December 2025.
Integrated xStocks (tokenized real-world equities) on TON blockchain, powered by BackedFi and supported by Kraken, now available in TON Wallet, Tonkeeper, and MyTonWallet.