🔵The TON network is experiencing rapid development, supported by Tether (USDT). Since the companies signed a partnership agreement in April 2023, USDT in TON has reached the $1 billion mark, driven by the growth of the decentralized finance (DeFi) ecosystem. According to CryptoQuant, the volume of USDT has surged by 670%, rising from $130 million in May to $1.02 billion today.
🔵TON’s success is also linked to Telegram mini-apps like Notcoin and Hamster Kombat, which are attracting investor interest. Despite a decrease in Toncoin’s price to $4.88, analysts forecast the possibility of a rally up to $20 in this bull cycle. With the launch of USDT backed by the dirham, liquidity on TON is expected to continue growing.