Bybit Unveils TON’s Bold Plan: Bringing 500M Telegram Users to Web3 by 2028

Bybit Unveils TON’s Bold Plan: Bringing 500M Telegram Users to Web3 by 2028
Table of Contents

TL;DR

  • TON integration with Telegram facilitates access to web3 services for almost 1 billion users.
  • Toncoin price has risen by over 200% this year, and the Total Value Locked (TVL) has reached $770 million.
  • Bybit offers web3 products that support the TON ecosystem, including decentralized exchanges and airdrop rewards platforms.

TON, initially conceived by the Telegram team, has demonstrated significant growth thanks to its strategic partnership with the messaging platform.

This collaboration has allowed TON to reach nearly 1 billion active users through the integration of mini apps within Telegram, facilitating access to web3 services without the need to leave the platform.

Users can experience web3 services directly from Telegram, representing a major step towards mass adoption of blockchain technology.

The TON ecosystem has shown remarkable development, evidenced by the surge in the price of Toncoin, which has risen by more than 200% so far this year.

This increase in price reflects increased confidence and adoption of the token in the market.

Additionally, TON’s Total Value Locked (TVL) has reached a record high of $770 million, underscoring the continued expansion of the ecosystem and growing activity within the network.

The number of daily active addresses has also increased significantly, from 8,000 to 280,000, highlighting the growing interest and usage of the platform.

Bybit has played a crucial role in strengthening the TON ecosystem by offering a number of web3 products that complement the network.

Among these products are the Bybit DEX Pro, a decentralized exchange platform that supports over 1 million tokens across multiple blockchains, and the Bybit Airdrop Arcade, which aggregates and curates airdrop events, offering users access to potentially lucrative opportunities.

Bybit Reveals TON's Bold Plan: Bringing 500 Million Telegram Users to Web3 by 2028

These Bybit products are designed to improve accessibility within TON

TON continues to develop and expand, with its technological infrastructure including a scalable blockchain architecture and a TON DNS naming system that facilitates interaction with the network.

The TON Proxy secure communication system ensures the privacy and security of interactions within the network.

Despite the challenges it faces, such as botting issues and the sustainability of web3 games, TON remains committed to mass adoption and innovation.

The combination of its strong technology foundation, strategic partnerships and growing user base positions TON as a prominent player in the web3 space, with a promising future ahead.

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