The Altcoin industry continued to bleed again on the Bitcoin market, as shown by the growing domination of the BTC at almost 60%. Toncoin (ton), the native part of the higher level layer supported by telegrams (L1), has been bleeding abundantly with Bitcoin for six months.
The large capitalization Altcoin, with an entirely diluted assessment of around 25 billion dollars and an average negotiation volume of around $ 164 million, has been trapped in a method of correction against the US dollar since the early 2024.
Consequently, short -term prospects of the price in ton remain lowering unless a sudden rebound occurs.
The feeling of investors plunges as the whales stop buying
The Tonceoin ecosystem has experienced slower growth, in particular in terms of cash starters for whale investors. Santiment market data show that investors holding between 10 and 10,000 tonnes of parts have sold more than 890,000 tonnes since mid-2010, after the arrest of the Telegram founder, Pavel Durov Pavel Durov Pavel Durov is known in the global cryptography community as a serial entrepreneur. which in the past has been associated with several successful startups, including Vkontakte. He was born in Leningrad, however, burned the majority of his young life in Turin, Italy, where his father was employed. In 2006, he went from the Philology Department of the State University of Saint Petersburg, where he obtained a five-star diploma. The initial life and profession of Pavel Durov are exhaustively represented in the Russian language book The Durov Code. The real story of VK and its creator. After leaving Russia, he obtained Saint Kitts and Nevis citizenship by giving $ 250,000 to the National Foundation for the Diversification of the Sucrière Industry and obtained $ 300 million in real money inside Swiss banks. EntrepreneurDeveloper / ProgrammerGeneral manager In France. This event added more pressure on the price of Toncoin.
Despite the support of the Toncoin Foundation, the DEFI sector on the Ton network has struggled to gain a significant traction. Inal Kardan, a partner of your Ventures, stressed that the ecosystem had not won the expected momentum.
However, Kardan is full of hope, declaring that same on the Ton network could see an increase in demand in the near future, which gives a potential boost to the ecosystem.
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Silver ecosystem for the ton
Supported by Telegram, which has nearly a billion monthly active users, the tonne ecosystem is gradually transformed into a dynamic challenge ecosystem. According to Defillama, the Ecosystem Ton had a total value of approximately $ 272 million and a market capitalization of the Stablecoins of around 1.4 billion dollars, according to Defillama.
In order to arouse the prospect of DEFI growth, the developers of your Core recently published a detailed roadmap for the first half of 2025. The update of the Accelerator nucleus on the Mainnet is a huge case for the Ton network in the coming months. In addition to the support of a secure bridge towards the Bitcoin ecosystem, the developers of your Core are eager to activate an evolving deffi ecosystem.
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