Coinspeaker
TON Blockchain Surpasses Ethereum in Daily Active Users
Amid a week of global crypto market fluctuations and cautious investor behavior, The Open Network (TON), backed by Telegram, has experienced significant growth in activity, surpassing Ethereum in daily active users.
Since the start of the month, TON and Ethereum have been closely competing in terms of user activity. However, thanks to Telegram’s vast user base of 900 million, TON has taken the lead, surpassing Ethereum for ten consecutive days since June 1.
On June 3, the blockchain achieved a milestone with 568,300 daily active addresses (DAAs), according to Artemis data. Ethereum, on the other hand, has not reached this level of activity since September 13, 2023.
A Deeper Look
Ethereum’s lower performance compared to TON could be attributed to several factors, including the fact that the majority of the network’s user activity has moved to layer 2 scaling solutions, which were not considered for
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