TON is now GRAM. The token powering the TON blockchain has officially changed its name, ticker, and logo following a community vote and for existing holders, absolutely nothing needs to be done. Every TON token converts to GRAM automatically at a 1:1 ratio, no swap required, no migration process, no action needed from anyone holding the asset. The rename went to a community vote on ton.vote before being confirmed, giving the decision a democratic foundation rather than a top-down rebrand imposed by a development team. The result came back in favor of returning to GRAM, the name the token carried

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The TON is a potentially exciting blockchain ecosystem, driven by what seems an innovative vision of decentralized applications (dApps) and protocols. It certainly gives every indication of being a serious Layer-1 contender. But the data tells us that something isn’t right, that the numbers are dropping off. The situation hasn’t gotten this bad since last summer, when most obvious uses for the network were privileged to Telegram’s directly affiliated users. Although the network has accomplished much regarding partnerships and scalability, it now finds itself in the challenge of reversing a downward trend in usage. For TON to keep developing in

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The TON blockchain is emerging as a major new source of liquidity, thanks mainly to the by now over $1.4 billion in stablecoins, predominantly $USDt, that are flooding into and populating this blockchain. This surge of liquidity into the TON blockchain is a significant development for two main reasons. First, it is undoubtedly a bullish sign for the blockchain’s immediate future. Second, because of how trust and stablecoins have been linked since 2020, the influx of stablecoins into the TON blockchain strongly suggests that trust in this blockchain is growing and that its adoption rate is increasing as well. Stablecoins

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Bitcoin’s bounce above $94,000 suggests that the bulls remain buyers on dips, increasing the possibility of a retest of $100,000.

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Bitcoin price looks on track to reclaim the $100,000 level. Are altcoins set to follow?

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Bitcoin is holding above $90,000, signaling the possibility of a move back toward $100,000 in the next few days.

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Bitcoin’s repeated failure to cross above $100,000 increases the risk of a drop under $90,000.

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The TON Blockchain emerged as a standout success in 2024, largely fueled by the growing popularity of Telegram’s mini-apps. These applications captured mainstream attention, propelling TON’s daily active users beyond the 5 million mark by mid-year. NFT Market Analysis on TON Blockchain   The TON Blockchain ecosystem has solidified its position as a hub for NFT trading, showcasing dynamic market activity and growing engagement across various metrics. Trading Highlights (30 Days) Over a 30-day period, the TON NFT market recorded $7.8 million in trading volume, facilitated by 45,580 sales across 28,490 unique wallets. These figures highlight strong user participation and healthy

The post The Rise Of TON Blockchain: A Thriving NFT Ecosystem In 2024 appeared first on The Merkle News.

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Bitcoin’s recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.

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A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.

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