Source: TrendX Research Institute
On August 14 this week, with the news that former TON Foundation executives established TON Ventures and raised $40 million to support the TON ecosystem, the price of TON currency rose by more than 12% in a single day, exceeding $7. The market reaction brought about by this hot spot is shown in detail on TrendX.
As of August 18, the statistics of BTC, ETH, and TON on the TrendX platform are as follows:
BTC had 8.48K discussions last week, down 7.31% from the previous week, and its price was $59,414 last Sunday;
ETH had 2.3K discussions last week, down 22.9% from the previous week, and its price was $2,639 last Sunday;
TON had 1.29K discussions last week, up 38.83% from the previous week, and its price was $6.61 last Sunday;
TON performed well, with the number of discussions ranking fifth on the TrendX list; and the number of discussions ranking first, with a daily increase of 122.67%; at the same time, TON's real-time sentiment also topped the list with a score of 54.15, indicating that market sentiment is very positive. In addition, Telegram ranked second on the sentiment list with a score of 51.37.
TON has been receiving positive news recently. First, Binance launched TON tokens earlier, which aroused heated discussions in the market. Coupled with the establishment of TON Ventures today, it seems that the TON ecosystem is entering a new stage of rapid development.
The number of KOL discussions on the entire platform, the change in the number of discussions in the past 7 days, and the number of KOLs discussed. Overall sentiment value changes.
TON (The Open Network) originated from the blockchain project developed by Telegram and was originally designed as a decentralized network that supports high-speed transactions. Over the years of development, TON has gradually evolved from a conceptual project to a blockchain platform with a complete ecosystem and an active community. The TON ecosystem not only includes core technologies such as decentralized applications (dApps), smart contracts, and cross-chain bridging, but also involves extensive community governance and market applications.
In recent years, the development speed of the TON ecosystem has been amazing. Especially in 2024, the total asset size on the TON chain reached US$1.14 billion, an increase of more than 15 times from the beginning of the year. In addition, the number of daily active users of the TON ecosystem has exceeded that of Ethereum, demonstrating its advantages in user conversion and ecological stickiness. More significantly, the number of non-zero addresses on the TON chain has exceeded 39.5 million, nearly 10 times more than at the beginning of the year. This series of data shows that the TON ecosystem is expanding at a very fast pace and has become an important pole in the cryptocurrency market.
The establishment of TON Ventures is undoubtedly an important milestone in the development of the TON ecosystem. This cutting-edge venture capital firm is led by former TON Foundation executives Ian W. and Inal K., backed by a $40 million capital pool, focusing on supporting early crypto projects. TON Ventures' mission is not only to provide financial support for projects in the TON ecosystem, but also to promote continuous innovation and development of the entire ecosystem through resource integration and strategic cooperation.
TON Ventures' investment focus is mainly on the following three types of projects:
User applications based on the Telegram social network: TON Ventures will be committed to supporting user applications developed based on the Telegram platform. These applications can make full use of Telegram's huge user base to achieve rapid growth and expansion.
Telegram Mini Programs: With Telegram opening up its APIs and development tools, Mini Programs have become an important part of the TON ecosystem. TON Ventures will focus on supporting the development of these Mini Programs and promoting their application in the TON ecosystem.
Infrastructure and tool development: In order to help developers build outstanding applications and services, TON Ventures will also support the development of various infrastructure and tools. These tools will not only help improve development efficiency, but also promote the overall technical level of the TON ecosystem.
TON Ventures' establishment is very timely for the rapid development of the current TON ecosystem. With the explosive growth of the ecosystem and community, TON needs more funds and resources to support the incubation and development of early projects. The establishment of TON Ventures not only provides the necessary support for these projects, but also brings global resources and experience to the TON ecosystem. Through TON Ventures, developers and investors can share the resources and opportunities of the TON ecosystem and accelerate the overall development of the ecosystem.
The leadership team of TON Ventures consists of two former executives with rich experience in the TON ecosystem, Ian W., former director of the TON Accelerator, and Inal K., former head of the TON Foundation's gaming department. During his time at the TON Accelerator, Ian W. successfully incubated the popular TON chain games Catizen and Gatto, as well as the perpetual contract trading platform Tradoor. These projects have not only achieved remarkable success in the TON ecosystem, but also accumulated valuable experience for the development of the TON ecosystem.
During his time at the TON Foundation, Inal K. focused on the development and promotion of the gaming field. Through innovative project design and market strategies, he brought a large number of users and attention to the TON ecosystem. Under their leadership, TON Ventures will further promote the expansion and innovation of the TON ecosystem and inject new vitality into the ecosystem.
Ian W., Managing Director of TON Ventures, said: "TON and Telegram have created a new paradigm for Web3. With our deep cultivation in this ecosystem, we firmly believe that TON's greatest opportunity lies in precise capital allocation. Now, we have the opportunity to share unique insights with innovators and developers to help them thrive on the fertile soil of TON and Telegram. We hope to accelerate the development of the TON ecosystem and promote revolutionary progress in decentralized technology by connecting visionary investors and cutting-edge projects."
With the establishment of TON Ventures, the TON ecosystem will undoubtedly usher in a new stage of development. TON Ventures will not only provide financial support for early projects in the ecosystem, but will also play an important role in resource integration, strategic cooperation and technological innovation. The future development direction of the TON ecosystem can be prospected from the following aspects:
Further expansion of the ecosystem: With the financial support and strategic guidance of TON Ventures, the number and quality of projects in the TON ecosystem will be significantly improved. More developers will be attracted to the TON ecosystem, thereby promoting the expansion and prosperity of the entire ecosystem.
Continued growth of the user base: With the support of TON Ventures, applications and applets based on Telegram will have more development opportunities. This will further enhance the user base of the TON ecosystem, and its daily active users and non-zero addresses will continue to grow rapidly.
Accelerated advancement of technological innovation: TON Ventures will focus on supporting the development of infrastructure and tools, which will greatly enhance the technical level of the TON ecosystem. With the introduction of more innovative technologies, the TON ecosystem will become more complete and powerful.
Increase in global influence: TON Ventures' global resources and experience will help the TON ecosystem gain more attention and recognition worldwide. Through cooperation with the world's top investors and developers, the TON ecosystem will gradually expand its global influence.
While TON continues to launch favorable news, the various indexes on the TrendX platform have responded to TON's popularity in an all-round way: 
In terms of the number of discussions, TON has made great progress, surpassing a number of old star projects such as Arbitrum and Polygon, as well as popular Memecoins such as DogeCoin and PEPE, and second only to BTC, Solana, ETH and Binance. TON has now settled in the mainstream sector of Web3, and its future trend is promising. 
In addition to the outlook for TON, TrendX will also launch a comprehensive research report based on different platform indicators (real-time sentiment, discussion increase, KOL follow-up changes, etc.), as well as the inflow and outflow of smart money.
Conclusion
The rapid development of the TON ecosystem and the establishment of TON Ventures mark that TON has entered a new stage of development. With the injection of more funds, resources and technology, the TON ecosystem will surely achieve greater breakthroughs and successes in the next few years. For developers, investors and users, the TON ecosystem provides a platform full of opportunities and potential. As the TON ecosystem continues to grow, we have reason to believe that it will occupy an important position in the future blockchain world and promote the revolutionary progress of decentralized technology.
The establishment of TON Ventures is not only an important upgrade of the TON ecosystem, but also an important signal for the entire blockchain industry. It shows that as the crypto market continues to mature, the construction and development of the ecosystem will become a key factor in determining the success or failure of a project. And TON is at the forefront of this development.
Investment is risky, the project is for reference only, please bear the risk at your own risk
The TON ecosystem is still in its early stages. Although it has great potential, projects in the TON ecosystem may not have enough opportunities for larger funds.
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