đ Why did $TON drop from $8 to $3.5 â and is there still a chance for a comeback?
If you hold $TON  like me, it must be painful to look at the chart of the last few months. In the summer of 2024, Toncoin rose above $8, and everything looked super optimistic: high-profile listings, hype on Telegram bots, and a crazy increase in activity. But in May 2025, the price dropped to $3.5. What happened? đ 1. The effect of an overheated ecosystem Many people forget that the growth of $TON  was fueled mainly by bots - Hamster Kombat, Catizen, TapSwap. Thousands of users logged on to the network for airdrops. However, it was âlow-quality trafficâ - after airdrops, most of them simply left without any real activity. đ 2. Decrease in transactions and addresses In December 2024, TON processed more than 8 million transactions per day, and there were more than 1 million active addresses. In March 2025, there were less than 900 thousand transactions and 293 thousand addresses. This is a drop of more than 70%. đ 3. Decrease in TVL TVL in the TON network fell from $1.04B to $433M. Users withdrew liquidity because they saw no new incentives to keep tokens in the protocols.
đ And now the good news: a real infrastructure is emerging
Everything that happened before was hype. And hype does not last long without a foundation. And now #TON is starting to have tools that give hope. One of them is  #Ston.fi . This is the first convenient DEX on TON that I actually use. Minimal commissions, Telegram integration, and convenient farming. This is not a âbot with jokesâ - it is a DeFi that works. And if TON grows, it will grow on projects like   Ston.fi, not on pictures with hamsters. Now I am calmly watching how the DeFi infrastructure is being formed. If things like   Ston.fi continue to develop, TON still has a chance to show a new growth cycle. Sometimes it seems to me that this is the moment when the market is being âcleaned upâ before a new start. Let's see đ
đĄ What's new in DeFi on $TON ? #STON.fi launches WSS pools! STON.fi has introduced the first Weighted Stable Swap (WSS) pool, a new type of liquidity for close rate pairs. And it's a real game changer on TON. đ #tsTON /$TON is an asset pair with minimal volatility, and now you can trade with almost no slippage. The algorithm itself adapts to the market, keeping the exchange rate stable. đŻ Also, farming with rewards: đč Pool: tsTON/TON (WSS) đč Reward: 1000 STON đč No locks: can be withdrawn at any time đč Till: June 6, 2025 đ You can try it at ston.fi đ This is the first step towards stable liquidity without restrictions in DeFi on #TON . How will it affect the ecosystem? Share your opinion in the comments!