It has been predicted that TON’s cryptocurrency, Toncoin, will likely surpass Bitcoin’s spot returns in a bull market scenario over the next few years.
A major cryptocurrency exchange, The Open Network
Bitget, a major investor in the TON Foundation (TON), has released a research report on TON and its impact on the network ecosystem.
In a report, Bitget suggested that the TON ecosystem needs to distance itself from the regulatory issues surrounding Telegram, and that TON will be a long-term
They predict that the company will likely move toward “de-Telegramization” by 2026 in order to ultimately reduce regulatory risk.
The report states that the TON blockchain will be the largest blockchain for Telegram users by 2024
"As the ecosystem develops and infrastructure improves in the long term, there will be a trend toward 'de-Telegramization' to mitigate the regulatory risks associated with Telegram," he said.
Bitget also predicted that TONcoin, the underlying cryptocurrency of the TON blockchain, would rise along with the overall market trend, in a bull market scenario.
He predicted that there is a high possibility that the rate of return on Bitcoin will exceed that of other cryptocurrencies. In addition, the TON ecosystem is expected to receive more support from institutions, most of which will be trading TON over-the-counter (OTC).
The report analyzed that TON ecosystem has recorded rapid growth this year, with Notcoin and Hamster Combat (Hamster
The TON project's total locked value (TVL) was $776.6 million in July.
(approximately 111.1 billion yen), a staggering increase of more than 5,300%.
2024/09/25 14:26 KST
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