The TON ecosystem welcomes new developments, with the coin price breaking through 7 dollars.

This week, the TON ecosystem welcomes significant positive news. Former executives of the TON Foundation have established TON Ventures and raised $40 million to support TON ecosystem projects. As a result, the price of TON coin rose more than 12% in a single day, surpassing the $7 mark.

Data shows that as of August 18, the discussion heat of TON has significantly increased by 38.83% compared to the previous week, reaching 1.29K discussions. During the same period, the price of TON was $6.61. In contrast, the discussion heat of both BTC and ETH has decreased.

The performance of TON is particularly outstanding. According to statistics from a certain data platform, TON ranks 5th in discussion heat and 1st in discussion growth, with a daily increase of up to 122.67%. The real-time sentiment score for TON is 54.15, ranking it at the top, indicating that market sentiment is very positive.

In fact, there have been continuous positive developments for TON recently. A certain trading platform has launched the TON token, sparking market discussions. With the establishment of TON Ventures, the TON ecosystem seems to be entering a new stage of rapid development.

The TON ecosystem is currently developing rapidly. By 2024, the total asset scale on the TON chain will reach $1.14 billion, with a year-on-year growth of over 15 times. The daily active user count has surpassed Ethereum, and the number of non-zero addresses has exceeded 39.5 million, an increase of nearly 10 times since the beginning of the year. These data indicate that the TON ecosystem is rapidly expanding and has become an important pillar in the cryptocurrency market.

The establishment of TON Ventures is an important milestone in the development of the TON ecosystem. The organization is led by former executives of the TON Foundation and focuses on supporting early-stage crypto projects. TON Ventures will primarily invest in three types of projects: user applications based on Telegram, Telegram mini-programs, and infrastructure and tool development.

The establishment of TON Ventures brings global resources and expertise to the TON ecosystem. Through TON Ventures, developers and investors can share the resources and opportunities of the TON ecosystem, accelerating the overall development of the ecosystem.

Looking to the future, the TON ecosystem is expected to achieve further expansion. More developers will be attracted, driving the prosperity of the ecosystem. The user base is expected to continue growing, with daily active users and the number of non-zero addresses likely to maintain rapid growth. Technological innovation will also accelerate, enhancing the overall strength of the TON ecosystem.

As the TON ecosystem continues to grow, its global influence is expected to further enhance. By collaborating with top global investors and developers, the TON ecosystem will gradually expand its position in the blockchain world, driving revolutionary advancements in decentralized technology.