💥Context: Bitcoin reaches a new high

Bitcoin soared above the $120,000 mark: in recent days its price reached around $121,655, with a maximum of $121,981

Analysts link this to the influx of funds into ETFs, expectations of a Fed rate cut, and technical signals such as a bullish flag

💪(Toncoin): market position during the Bitcoin boom

1. Ecosystem and activity

  1. Toncoin is the native token of The Open Network (TON), which was based on Telegram's architecture. After legal challenges in 2020, the project continues to be developed by independent developers and the TON Foundation.

  2. TON integrated into Telegram: wallets (Wallet and TON Space), P2P transfers, DeFi services, TON DNS (domain system), TON Storage (decentralized storage) and TON Proxy (anonymous routing) — all services activated by the Toncoin token.

2. Fundamental drivers #TON

  1. Institutional investments: TON Foundation's partnership with Kingsway Capital created a $400 million treasury fund to accumulate Toncoin

  2. Growth in network activity: in the last month, the number of new wallets increased by 36%, active addresses — by 51%

  3. TVL (Total Value Locked) in TON DeFi protocols grew from $18.8 million in February to $258.6 million — an increase of about 1276%

🤝Interconnection of TON and Bitcoin growth analysis:

1. Main driver:

#bitcoin : Investments, ETFs, macroeconomics

Ton: DeFi growth, community, investment funds

2. The connection between them:

Bitcoin: Overall positive sentiment in the market

TON: Has its own reasons for growth

3. Advantages:

Bitcoin: Store of value, ETFs

TON: Integration with Telegram, speed, scalability

Bitcoin creates a backdrop of optimistic sentiment in the market, but the growth of TON is primarily driven by its own strong fundamentals — activity patterns, DeFi, and strategic partnerships.

🤔Conclusion: why TON is worth watching during the Bitcoin boom:

  1. Exponential growth in TVL (1276%) and network activity indicates real use and trust in TON

  2. Institutional investments ($400 million) provide support and liquidity for further growth

  3. Deep integration into Telegram allows for easy scaling of the network and attracting new users without significant marketing efforts

The Bitcoin boom creates a backdrop, but Toncoin's growth has its own driving force — significant growth in TVL, DeFi development, and strategic institutional investors. If the trend continues, Toncoin has high potential to reach new local highs

Friends, always remember to do your own research and analyze information, and most importantly, minimize the risks of losing funds. Wishing everyone success in trading! 🚀🚀🚀 $BTC

$TON

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