Toncoin is making waves once again as it continues to sail higher on its price chart. It is worth noting that TON was the sole gainer during yesterday’s slump. Talking about press time numbers, Toncoin price is up 4.94% since yesterday, and 10.38% over the week.
That being said, TON is not just riding the bullish sentiment, it’s actively creating it. The run is backed by the TON Foundation’s $400M treasury raise. And Telegram’s push to expand blockchain utility for its 900M+ user base. If you are wondering about the next pitstop for TON price, you are at the right place.
User Activity Holds Steady
As per Santiment, the 7-day active address count on the TON network remains resilient, sitting at 863 as of August 1st. As seen in the chart,…
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