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DeFi

Interest in Decentralized Exchanges on the TON Network is Growing

24 Sept 2024by CryptoJazz Admin1 min read2 views
Interest in Decentralized Exchanges on the TON Network is Growing

🟦 Experts from the analytical company CryptoQuant note a rise in investor interest in decentralized exchanges based on The Open Network (TON). The increase in the number of transactions and active addresses indicates the growing popularity of the STON.Fi platform, where 90% of operations are carried out. The total value of assets locked in the network exceeds $420 million.

🟦 Amid news of Pavel Durov’s arrest on August 24, 2024, the Toncoin price plummeted by more than 15% in one day. This may indicate that investors are concerned about the situation surrounding the TON project. However, CryptoQuant’s data shows that interest in the platform remains high.

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