#Ton Toncoin is the native token of The Open Network (TON), originally developed by the Telegram team. TON aims to create decentralized applications (dApps), fast transactions, and a secure network.
2. Ecosystem and Use Cases
Payments: TON is used to conduct transactions on the network.
Staking: Users can hold TON tokens and earn rewards.
DAO Governance: Token holders participate in the governance of the network and decision-making.
dApps and DeFi: The TON network supports decentralized applications and financial services.
3. Economics and Market Activity
Price: The current price is approximately $3.35 USD.
Market Capitalization: Approximately $8.6 billion USD.
Volume: The trading volume in the last 24 hours is around $225 million USD.