Toncoin Whales Make Waves with a Staggering $7.94 Billion Transacted in Just One Day

Toncoin whales are making waves with a staggering $7.94 billion transacted in just one day, a 90% spike that defies the recent slump seen in

Toncoin (TON) is making waves in the crypto market with a staggering 90% spike in large transactions, valued at $7.94 billion within 24 hours. This surge defies a recent trend observed among top ten currencies, where a comparable metric has seen a decrease.

Key Points:

- Toncoin whale activity surges massively, surging past $7.94 billion in a day.

- This large transaction activity on Toncoin marks a 90.78% increase.

- Despite a recent slump in Ethereum's volume, Toncoin's大な取引量に注目が集まっている。

- This surge in Toncoin's whale transactions highlights the growing community support for TON.

Toncoin's Resurgence in Large Transactions

Recent data compiled by IntoTheBlock reveals a pattern in 24-hour volume, showcasing the resurgence of Toncoin (TON) whales. Notably, large transactions on Toncoin have surged by an impressive 90.78 percent in the last 24 hours.

In stark contrast, a comparable metric for other major currencies in the top ten reveals a decrease, highlighting the significance of this surge in Toncoin's大な取引量.

Whale Transactions Surpass $7.94 Billion, Highlighting TON's Community Support

According to IntoTheBlock's data, Toncoin whales have been responsible for a total of $7.94 billion in transactions over the last 24 hours. This volume of large transactions on Toncoin has surged massively, surging past $7.94 billion within 24 hours.

Meanwhile, the larger chain of Ethereum has seen a over 10% decrease in a comparable metric, with a volume of $5.7 billion. This disparity further underscores the strong community support behind TON.

Toncoin's Price Fluctuations and Massive Transactions of at Least $100,000

This massive surge in Toncoin's大な取引量 comes as the coin's price is losing ground, with a massive transaction threshold of at least $100,000. At the time of writing, the coin's price increased from $4.6k an hour ago to $4.938, showing a gain of 2.10%.

Moreover, there is a growing interest in the project, which is evident from the increase in real transaction volume. Over the last 24 hours, a 10.65% surge has brought this metric to $168.95 million, as reported by U.Today.

In addition, a 3.13% increase has pushed the total number of daily active addresses to 1.3 million. If this overall trend continues, we might see the coin's price breaking over the $5 barrier and reaching new heights.

The Open Network's Role in Supporting Toncoin and Future Challenges

In order to support Toncoin, the blockchain system known as the Open Network (TON) must undergo significant innovation. To begin with, TON whale behavior must be stable for the time being.

However, two of its primary decentralized applications (dApps), Notcoin and DOGS, aren't getting nearly as much attention as they did a few weeks ago. This decline in engagement with key dApps on TON could pose a challenge to the project's long-term growth and sustainability.

Despite this recent setback, TON is still trying to break back through its $8.24 ATH, which it hit during the last bull market. If we want to see TON used in the long run, we need to see new projects coming out with better use cases.