In 2024, Toncoin emerged as a dark horse, and TVL set a new record

In 2024, the cryptocurrency market welcomed a shining new star - Toncoin. It not only shined in the currency circle, but also stood firmly at a high of $5.38 with an astonishing annual increase of 144.52%, surpassing Bitcoin's outstanding performance and becoming one of the most dazzling cryptocurrencies of the year.

Even more amazing is that Toncoin's ecosystem has achieved a comprehensive upgrade this year, and the total value locked has soared, attracting the attention of countless investors. Investors' confidence in the TON ecosystem has doubled, the demand for pledges and liquidity has surged, and the derivatives market has seen a surge in capital, adding a strong touch to Toncoin's rise.

Looking back, the transaction and user value of the Toncoin ecosystem have both hit record highs, the number of users has exceeded the 5 million mark, and the number of transactions has reached 24 million, demonstrating its strong strength and wide practicality. Looking to the future, Toncoin is very likely to occupy a place in the blockchain world and become a pioneer in leading the trend.

However, there are challenges behind the glory. Although the price of TON has fallen recently, market sentiment is quietly turning optimistic. Investors have withdrawn funds, net flows have shown negative values, and whale holdings have soared. These signs all indicate that the market is about to reverse. From the technical chart, Toncoin's Stochastic and RVGI indicators have sent bullish signals, indicating that the price of TON is expected to rebound sharply.

Although market fluctuations are unpredictable, Toncoin's brilliant performance in 2024 has laid a solid foundation for its future development. Both investors and market observers are full of expectations for the future of Toncoin. Let us wait and see whether it can continue to write legends!