Ton Ecosystem Analysis: Key Facts and Trends

As of August 2024, the Ton ecosystem is dynamic and robust, with significant activity and engagement across various metrics. Here are the most important insights that shed light on the current status and potential of the Ton ecosystem: 

 

• Trading Volume: Evidence of High Activity 

Over the past month, #TON has consistently recorded the highest trading volumes, reaching a peak of $10.95 billion on August 19, 2024. This significant trading volume indicates strong activity and high token usage within the ecosystem. In comparison, other tokens such as #NOT and #GOMINING had significantly lower volumes, highlighting TON’s dominance in user engagement and adoption.

 

• Increasing Number of Holders 

 

TON leads in the number of unique holders, reaching 40.8 million on August 12, 2024. This increasing number of holders indicates that TON has gained widespread acceptance and distribution, and has strong trust and popularity among users.

 

• Market Cap and Stability 

TON has a stable but significant market activity with a market cap of $16.94 billion and a 30-day volatility of 1.08%. Active development (413 monthly commits) along with high market cap and stable volatility positions TON as a leading token within the ecosystem. This stability makes TON an attractive option for investors looking for a reliable asset. 

• Profitability and Investment Risk 

 

#GOMINING holders have the highest profitability with a profitability rate of 1.0%, while TON has a profitability rate of 0.19%. This shows that GOMINING may offer higher instant returns, but TON provides a more stable investment with lower risk. Also, #REDO has the highest volatility of 3.08%, while TON's medium volatility of 1.03% offers a lower investment risk. 

 

• Daily Active Addresses and Adoption Rate 

 

$TON consistently has the highest daily active addresses with 942,433 daily active addresses as of August 12, 2024, highlighting strong daily engagement. Additionally, TON’s adoption rate of 0.35% indicates a healthy influx of new users, which is essential for long-term sustainability and growth.