Are we really facing an altseason and a bull market? I would like to analyze this moment, as it is extremely schizophrenic. In x, they began to spread information that the cycle we are currently seeing in ETH/$BTC is the same as the 2015-18 and 2018-25 cycles, and in their opinion, we are now at the culmination point. In my opinion, these are the words of people who are completely desperate, as it has long been known that the market is extremely unstable, at least this year.
A similar situation is happening on the TON network, namely with gifts. Today, a new gift season has begun, and many people, due to FOMO from previous seasons, have gone to buy gifts through various bots. This reminds me of the situation with the Trump family's tokens. The only ones who made a profit were those who bought his token from the very beginning of the launch, and later made a small profit from his wife's token. After that, all tokens from other important people started to lose value instead of gaining it.
And since I've mentioned TON, let's talk about the good things about this network. Currently, the APR in liquidity pools on the STONfi exchange is growing very rapidly due to the fact that tokens have begun to be actively used, and according to Pavel Durov, “the off-chain TVL of the TON network is now the largest among all other networks.”
As an example, I will show you the changes in liquidity pairs:
MAJOR/TON - APR was 109%, and now it is already 181%.
PX/USDT was 132%, and now it is 228%.
These changes occurred in one day, which means that tokens are in high demand, and as long as gifts remain popular, we will see continued growth in APR