The TON ecosystem welcomes significant development, TON Ventures established to promote innovation

Recently, with the establishment of TON Ventures and the news of a $40 million funding, the price of TON rose over 12% in a single day, breaking through $7. This hot topic has sparked a strong reaction in the market.

As of this Sunday, the relevant data statistics show:

• The discussion count for BTC last week was 8.48K, a decrease of 7.31% compared to the previous week, with a price of 59414 dollars.
• The discussion count for ETH last week was 2.3K, a decrease of 22.9% compared to the previous week, with a price of 2639 dollars.
• The number of discussions about TON last week was 1.29K, an increase of 38.83% compared to the previous week, with a price of 6.61 USD.

TON performed brilliantly, ranking 5th in total discussions with a discussion increase of 122.67%, the highest. The real-time sentiment score of 54.15 is at the top, indicating very positive market sentiment.

Good news about TON has been frequently reported recently. Following the heated discussions sparked by a certain trading platform listing TON tokens, the establishment of TON Ventures seems to indicate that the TON ecosystem is entering a new stage of rapid development.

Current Status and Development of the TON Ecosystem

TON was originally designed by Telegram as a decentralized network to support high-speed transactions. After years of development, it has become a blockchain platform with a complete ecosystem and an active community. The TON ecosystem includes core technologies such as decentralized applications, smart contracts, cross-chain bridging, as well as extensive community governance and market applications.

In 2024, the total asset scale on the TON chain reached $1.14 billion, growing more than 15 times compared to the beginning of the year. The daily active users of TON have exceeded Ethereum, and the number of non-zero addresses has surpassed 39.5 million, increasing nearly 10 times since the beginning of the year. These data indicate that the TON ecosystem is expanding at an astonishing speed, becoming an important pillar in the cryptocurrency market.

The Establishment of TON Ventures and Its Significance

The establishment of TON Ventures is an important milestone in the development of the TON ecosystem. This emerging venture capital firm is led by former executives of the TON Foundation and has a funding pool of $40 million, focusing on supporting early-stage crypto projects. TON Ventures not only provides financial support to TON ecosystem projects but also promotes continuous innovation and development of the entire ecosystem through resource integration and strategic cooperation.

TON Ventures focuses on investing in the following three types of projects:

1. User application based on the Telegram social network
2. Telegram Mini Program
3. Infrastructure and Tool Development

The establishment of TON Ventures coincides with the rapid development of the TON ecosystem, providing necessary support for early-stage projects and bringing global resources and expertise to the TON ecosystem. This will help developers and investors share the resources and opportunities of the TON ecosystem, accelerating the overall development of the ecosystem.

Background of the TON Ventures Leadership Team

TON Ventures is led by two experienced former TON executives: the former Director of the TON Accelerator and the former Head of the Games Division at the TON Foundation. They have successfully incubated multiple popular projects within the TON ecosystem, gaining valuable experience. Under their leadership, TON Ventures will further promote the expansion and innovation of the TON ecosystem.

The Managing Director of TON Ventures stated: "TON and Telegram have created a new paradigm for Web3. We aim to accelerate the development of the TON ecosystem and promote revolutionary advancements in decentralized technology by connecting visionary investors with cutting-edge projects."

Future Prospects of the TON Ecosystem

With the establishment of TON Ventures, the TON ecosystem will usher in a new stage of development:

1. The ecosystem will further expand: more high-quality projects will emerge.
2. User base continues to grow: Telegram-based applications and mini-programs will gain more development opportunities.
3. Technological innovation accelerates: Infrastructure and tool development will enhance the technical level of the TON ecosystem.
4. Global Influence Enhancement: The TON ecosystem will gain more attention and recognition worldwide.

Conclusion

The rapid development of the TON ecosystem and the establishment of TON Ventures mark a new stage in the development of TON. With more funds, resources, and technology being injected, the TON ecosystem is expected to achieve greater breakthroughs in the coming years. For developers, investors, and users, the TON ecosystem offers a platform full of opportunities and potential.

The establishment of TON Ventures is not only an important upgrade for the TON ecosystem but also sends an important signal to the entire blockchain industry: as the cryptocurrency market matures, the construction and development of ecosystems will become key factors determining the success or failure of projects. TON is at the forefront of this development.