<ul>
<li>The TON blockchain has surpassed $300 million in Total Value Locked (TVL) for the first time, marking a more than tenfold increase since early March.</li>
<li>Since the implementation of the incentive program, the TVL of the TON network has surged from $23 million in early March to the current $315 million, according to DeFiLlama data.</li>
<li>This rapid growth in TVL is attributed to decentralized exchanges like Ston.fi and Dedust, as well as liquid staking projects such as Tonstakers and bemo.</li>
</ul>
<p><strong>Discover the explosive growth of the TON blockchain, which has seen a tenfold increase in TVL since March, driven by innovative decentralized exchanges and staking projects.</strong></p>
<h2><strong>TON Network Demand is Increasing Rapidly!</strong></h2>
<p>Recently, the network onboarded 1 million wallets during a token creation event for Notcoin, a viral click game developed as a Telegram Mini App. The architecture of TON allowed these users to transact without network outages, fee spikes, or transaction delays.</p>
<h3><strong>Origins and Evolution of the TON Blockchain</strong></h3>
<p>The Open Network (TON) was initially developed from a blockchain project by the popular messaging platform Telegram, which raised $1.7 billion through two private token sales in 2018. However, the launch of the mainnet was delayed due to a legal dispute with the U.S. Securities and Exchange Commission.</p>
<p>Following these events, community members established the TON Foundation and resumed active development, leading to the creation of the Open Network, commonly abbreviated as TON. This community-driven blockchain was launched in 2021 and continues to be promoted and utilized by Telegram for initiatives like revenue sharing with channel owners.</p>
<h3><strong>Conclusion</strong></h3>
<p>The TON blockchain's remarkable growth in TVL highlights the increasing demand and adoption of its network. With its robust architecture and community-driven development, TON is poised for further advancements, offering a promising outlook for investors and users alike.</p>
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