{"id":9241,"date":"2024-06-13T05:05:45","date_gmt":"2024-06-13T05:05:45","guid":{"rendered":"https:\/\/www.cryptometer.io\/news\/?p=9241"},"modified":"2024-06-13T05:05:48","modified_gmt":"2024-06-13T05:05:48","slug":"ton-surpasses-ethereum-in-daily-active-users","status":"publish","type":"post","link":"https:\/\/www.cryptometer.io\/news\/ton-surpasses-ethereum-in-daily-active-users\/","title":{"rendered":"TON Surpasses Ethereum in Daily Active Users"},"content":{"rendered":"\n

Telegram’s “The Open Network” (TON) blockchain has outpaced Ethereum in daily active addresses for 10 out of the past 11 days. However, these figures don’t account for Ethereum’s layer 2 (L2) solutions, which play a significant role in its ecosystem.<\/p>\n\n\n\n

The Quiet Rise of TON<\/h2>\n\n\n\n

According to Delphi Digital, TON’s increase in daily active addresses is driven by Telegram’s substantial user base, which numbers around 900 million. Delphi Digital referred to this trend as “The Flippening CT ignores,” suggesting that TON\u2019s growth might be overlooked by the broader crypto community.<\/p>\n\n\n\n

Delphi Digital stated, “TON\u2019s quiet growth, fueled by Telegram\u2019s 900M user base, has driven its daily active addresses above Ethereum,” while also questioning the sustainability of this growth.<\/p>\n\n\n\n

Comparative Data<\/h2>\n\n\n\n

Data from Artemis indicates that since May 17, TON and Ethereum have been competing closely in daily active addresses (DAA), defined as the number of unique wallets making daily transactions. TON took a lead in early June, surpassing Ethereum on most days, peaking at 568,300 DAAs on June 3. In comparison, Ethereum hasn’t reached such levels since September 13, 2023.<\/p>\n\n\n\n

However, these figures don’t tell the whole story. A significant portion of Ethereum\u2019s user activity has shifted to L2 scaling solutions like Arbitrum, Base, and Optimism. On June 11, these three L2s combined had 1.3 million daily active addresses, indicating a much larger user base when including L2 data.<\/p>\n\n\n\n

Factors Driving TON\u2019s Growth<\/h2>\n\n\n\n

Several recent developments have likely contributed to TON’s uptick in activity:<\/p>\n\n\n\n