TechFlow reports, Cryptoquant analyst joaowedson said Toncoin is now the seventh-largest cryptocurrency by market cap and has seen significant growth in 2024. The TON network has attracted a large number of developers and users due to its scalability and speed.
Over the past year, Toncoin ranked in the top three for cumulative returns among the top 20 cryptocurrencies, behind only Solana and Near. Toncoin recorded a 244% return, compared to Bitcoin's 150% over the same period. Particularly from August 2023 to April 2024, Toncoin's value surged more than 640%.




