PANews October 1st news, according to CryptoQuant data, the TON blockchain accounted for over 50% of Layer-1 volume in September 2024, surpassing Ethereum and Avalanche. This achievement is mainly attributed to the flourishing GameFi ecosystem of TON, especially games like Hamster Kombat and Catizen, which significantly increased user engagement and the total value of Lock-up Position (TVL). In September, TON’s TVL rose by nearly 40%, increasing from $312 million to $432 million.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Thanks to the success of GameFi, TON blockchain captured 50% of L1 transactions in September.
PANews October 1st news, according to CryptoQuant data, the TON blockchain accounted for over 50% of Layer-1 volume in September 2024, surpassing Ethereum and Avalanche. This achievement is mainly attributed to the flourishing GameFi ecosystem of TON, especially games like Hamster Kombat and Catizen, which significantly increased user engagement and the total value of Lock-up Position (TVL). In September, TON’s TVL rose by nearly 40%, increasing from $312 million to $432 million.