The Open Network (TON) is rapidly establishing itself as a leading Layer-1 solution in the blockchain technology space. The most recent data from CryptoQuant shows that TON has been controlling more than 50% of all Layer-1 transactional volume in the past month. This kind of development shows a sharp increase in its use. This tremendous growth is mainly associated with several significant token launches that attracted significant interest from the cryptocurrency industry.
Hamster Kombat Launch Results in Record MAU for The Open Network
Some of the major token sales have been instrumental to the growth of TON. For example, DOGS that was launched on August 28, 2024, received as many as 28 million MAU. After that, CatizenAI and Rocky Rabbit both started on September 20, 2024, both of which had 18 million MAU.
The same was followed by Watbird, which was released on September 23, 2024, that gained 12 million MAU. The last release was Hamster Kombat on September 26, 2024. It gained 110 million MAU and strengthened TON’s presence in the market.
TON Positioned to Lead in Future Blockchain Developments
This increase in user activity and transaction traffic demonstrates the increasing demand for TON as a Layer-1 solution. It is evident that the network has the capacity to support these major token launches which will be of interest to developers and investors. With the development of the blockchain environment, TON has unique advantages and a convenient interface for those who want to interact with dapps.
Lastly, The Open Network has become the leading Layer-1 solution due to the series of successful token launches. In addition, it has grown transactional volume to sky. As it is reported by CryptoQuant, TON has all the chances to remain a market leader and attract more users and projects in the future.
