TON: What challenges and criticisms are relevant for The Open Network in 2025? 🚧🧐
Despite rapid growth, The Open Network (TON) faces certain challenges and criticisms in June 2025 that impact its development and market perception.
Centralization: Despite claimed decentralization, some critics point to potential centralization due to the initial distribution of tokens and the high share of TON controlled by large holders.
Volatility of Toncoin: Like other cryptocurrencies, Toncoin is subject to significant price fluctuations, which can be a challenge for the stability of its ecosystem, especially for payment solutions.
Technical Failures: In June 2025, TON experienced a brief masterchain outage that halted block production for about 40 minutes. This indicates a need for continuous improvement in network stability during scaling.
Regulatory Risks: While TON strives for compliance, its close association with Telegram may attract regulatory attention, especially in light of Telegram's past legal issues with the SEC.
Competition: There is high competition in the Layer 1 blockchain market (Ethereum, Solana, Avalanche), and TON must constantly prove its advantages.
TON is actively working on addressing these issues, aiming to strengthen its position as a reliable and decentralized blockchain.