TON has enormous number of holders, but real number of users might be slightly inflated
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With regard to TON, they have 19.39 million, USDT 1.54 million, CATI 1.09 million, NOT 2.86 million and DOGS 5 million. In contrast to PEPE, the leading meme coin on Ethereum with 280,000 addresses, the TON ecosystem obviously has a significant number of wallets.There is a catch though. The truth is that some of these tokens such as CATI, NOT and DOGS encourage spamming and wallet farming. Even though these numbers may at first glance appear impressive, they might not represent reality.
The larger and more established ecosystem of Ethereum is reflected in its total value locked , which is approximately 100 times larger than that of TON. With TVL figures roughly 10 times higher than TON's, Solana also outperforms TON by a considerable margin. In conclusion, although the figures pertaining to the most popular tokens on the TON blockchain might seem impressive at first, they do not fully represent actual user behavior.
More objective metrics continue to place blockchain ecosystems like Ethereum and Solana in the lead, indicating that TON has a long way to go before really competing on the same level.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
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