maartunn

The Open Network (TON): Gaming, Memecoins, or a Real Value Network?

The Open Network (TON) has become popular over the last few years. The network has received considerable attention because TON’s price has outperformed Bitcoin by 125% year-to-date, and a wave of new projects has launched on the platform. These new projects were often meme coins like DOGS or gaming projects like Hamster Kombat. This raises the question whether the network supports real value or just value for such 'speculative' projects. Today, I want to challenge the argument that TON only hosts meme or gaming projects by examining the most active tokens on the network over the past 30 days. In the 30 days, TON's workchain processed 3,252,156 USDT transactions, making USDT the most actively transacted token on the network. Catizen follows with 469,138 transactions, and RabBitcoin is third with 345,159. This data highlights that the network is actively used for real USDT transactions and isn’t limited to meme or gaming projects alone.