Could TON be the new Solana?

[Phoenixtrader]

This might sound overzealous, but there's a serious argument to be made about $TON being the next Solana, in my opinion.

The Open Network has been gaining significant traction, with the $TON price reaching a new all-time high recently. According to Delphi Digital, the ecosystem's growth is bolstered by Telegram's massive user base of 900 million, pushing the daily active addresses on TON beyond those of Ethereum.



The Total Value Locked (TVL) in the TON ecosystem has increased more than fivefold over the past two months, reaching $600 million due to the influx of new projects and assets such as STON.fi, DeDust.io, and TON-USDT. According to Tether's official transparency page, the authorized issuance of USDT on the TON blockchain has grown to approximately $580 million, making it the sixth-largest blockchain for USDT issuance, after TRON, Ethereum, Solana, Avalanche, and Omni.

The TON ecosystem has also seen significant investments recently, including a $20 million investment from bitget.  https://www.google.com/amp/s/alexablockchain.com/bitget-20m-ton-ecosystem-fund/%3famp=1

Several tap-to-earn games, starting from NOT, have also contributed to the bullish sentiment around the TON ecosystem. Could this surpass Solana in the long run? I think so.

[mk4]

It technically could, but it's really too early to say. The ecosystem is still a bit small and I've heard from developers that the developer tooling is currently really really bad.

I think if TON would overtake SOL(deservedly, not those flips that only last a few days), it would be in the next cycle. Also taking note that I'm frequently hearing/reading "TON is the new SOL"; if a trade becomes crowded, chances are, it's not going to happen(at least any time soon).

tl;dr they still have so much work to do.

[makishart]

There is no significant difference between TON and Solana; the key issue in TON is that this ecosystem still lacks adequate dapps to support it. Unlike Solana, which has been around for a long time, Ton came up with a unique concept that is entirely incorporated into Telegram. 

The constant growth of TON demonstrates how consistent this blockchain is. The image below shows how TON's TVL increased dramatically. 



TON's chart is quite similar to Solana 2021. It has shown that individuals are increasingly beginning to trust ton.

It is also likely that TON ETF will be launched in the future.

[X-ray]

It definitely could, the mini games that's currently available in TON that literally gained hundred millions of user definitely such a good exposure for TON to become popular among the massive crowd, but I think the entire ecosystem of this blockchain isn't even reaching stage where it's as good as its competition, this blockchain is relatively new, so it needs to take time to build something around the blockchain but the fact that  tether deployed their stablecoin in this blockchain could means they see potential in this.

i really liked the fact that the recent emerging project that gained massive userbase also being supported by the founder of TON, i think the future looks bright with this blockchain, one thing they need to do is to bring in more and more meme coins, despite its just tool for speculation, but BASE and SOL could grow this far because community of meme coin populating the entire blockchain causing it to grow, TON really needs that kind of community to use their blockchain possibly replacing SOLANA blockchain where it seems the hype has faded there with the capital spread out to too many of meme coins and due to the fact that entire solana blockchain right now infested with shitty celeb token.

[Reatim]

It technically could, but it's really too early to say. The ecosystem is still a bit small and I've heard from developers that the developer tooling is currently really really bad.

If we keep on hyping up ton without the proper backing, it’s not gonna go anywhere. What people need to do is try to make a constructive criticism and keep the project improving. This way consistency and longevity are ensured.

"TON is the new SOL"

Many are probably just saying this for the sake of profit making purposes. If they really want TON to surpass SOL, they should stop comparing it to SOL and start solidifying their name.

[Solosanz]

I don't think so, now it's the hype for TON because there are many sites created by connecting through Telegram and there are many airdrops through Telegram. It dismiss people to create a wallet, using Telegram would be easier and no need to open a wallet. But, the risk of telegram got hacked or telegram block your account could happen.

If the hype gone, TON will not able to overtake SOL.

[pakhitheboss]

TON can out place Solana is they work in the right direction. That can be only done by making their network more scalable as congestion is now a new normal. Solana has been suffering network outrage since April of this year due to meme coins. TON after the success of NOT has been going through the same phase. If the TON team wants to competetive in the market then they need to resolve the congestion issue.

[d3nz]

I think that this will depend even though both networks have a unique network and still we cannot compare them. Even Solana's network is having an issue with its network but they are still able to manage it quickly and TON blockchain is now becoming popular for their games on the telegram app but still, it's not as popular as Solana.

Overall, I would still be bullish on Solana and TON might still need to catch up with its value on the market.

[bluebit25]

My memories with SOL still remain, so similarly at different market stages there will be names that stand out and receive great attention from the cryptocurrency community. As for now, TON's potential is very good, but it is too early to assume competition between chains as I also have faith that SOL will continue to create FOMO in the next period. But anyway, it's all just speculation and we all feel that if the market is built with trust, nothing is impossible. IMO, it is possible that the altcoin wave will have a lot of confusion in the list of top coins and as many speculate, SOL and TON both deserve that position.

[DiMarxist]

Solana is not worth investing in and Ton is making wave in telegram. And almost all the airdrops I have seen in telegram asking their users or followers to use Ton to connect the airdrop. And I don't think Solana is the same with Ton. Ton network is gaining more population this days because the new invention of airdrops. And in some exchanges Ton network is free to make transaction but Solana charge big amount with congested network.

[mk4]

Ton network is gaining more population this days because the new invention of airdrops.

How is anything like asking for followers a "new invention" with airdrops? Lmao.

And in some exchanges Ton network is free to make transaction but Solana charge big amount with congested network.

Spoken like someone who never used the actual network. Transacting on Solana was never expensive. Exchange withdrawal fees are something else because they can set the fees to whatever fee they want — same with bitcoin, ethereum, or any other network.

[Deddyhoku]

I invested a lot in TON, so i hope that Durov and team know what they are doing. It have promissing features and marketing options

[VashaUdacha777]

Ton is not a new Solana in my opinion)
But it certainly has potential for growth! Now more and more people are using telegram. 
I think Tone will increase in price x20 x 30 in the next 3 years
Have a nice day 

[Medousa]

Hi, I think technically it's possible.

TON has a great community, team and support. There are also Meme coins entering its eco-system.

[Sophokles]

Its too early to say that but since LUNA crash to SOL meme season gives me a vibe that anything is possible in crypto. Not only TON but if a low cap layer 1 becomes number 10 in CMC we will not be surprised. It's all about how the whales wants to make money. If they see an opportunity to manipulate the market and provoke retail into their trap then they will take it. What good about TON is the team is well funded. But in terms of technology there are better layer 1 than TON.

[Bitstar_coin]

We can agree that the hype around the ton network is increasing and with the rising of the tap2earn projects the blockchain is gain momentum really fast.
It could ton could be another good investment option base the traction it is gaining right now and where it could be in few years to come.
It's growth could be similar to solana as an underdog that becomes successful unexpectedly.
The only thing left for the chain now is to have incredible dapps building on the chain to make more successful.

[Phoenixtrader]

Ton is not a new Solana in my opinion)
But it certainly has potential for growth! Now more and more people are using telegram. 
I think Tone will increase in price x20 x 30 in the next 3 years
Have a nice day 

True. They just need more improvements imo. Transferring USDT via TON chain is also absolutely free, They're having recognition and investment from top platforms like the one I mentioned & major tap to earn games are integrating TON. They've got a good starting point.

[begau]

Solana is superior to Ton at the present time: fast, cheap fee but Ton will definitely become the new Solana. In addition to upgrading the chain, supporting memes is the fastest way. Ton memes are exploding, this is a sign.

[covfefe_]

I'm surprised why TON is not as huge as it could be. They have got all the right things. I've used the network and it's fast. The fees could be a concern if the price rises rapidly but I believe they would work on it. The TPS of Ton is on paper better than of Solana so it would be capable of hosting much larger and higher number of projects and have a lot of transactions without any issue. The only thing TON network lags is the number of projects. They do have some defi and games but they are not very impressive. They should introduce some meme tokens to get the network moving.

[Abiky]

This might sound overzealous, but there's a serious argument to be made about $TON being the next Solana, in my opinion.

The Open Network has been gaining significant traction, with the $TON price reaching a new all-time high recently. According to Delphi Digital, the ecosystem's growth is bolstered by Telegram's massive user base of 900 million, pushing the daily active addresses on TON beyond those of Ethereum.



The Total Value Locked (TVL) in the TON ecosystem has increased more than fivefold over the past two months, reaching $600 million due to the influx of new projects and assets such as STON.fi, DeDust.io, and TON-USDT. According to Tether's official transparency page, the authorized issuance of USDT on the TON blockchain has grown to approximately $580 million, making it the sixth-largest blockchain for USDT issuance, after TRON, Ethereum, Solana, Avalanche, and Omni.

The TON ecosystem has also seen significant investments recently, including a $20 million investment from a top exchange.https://www.google.com/amp/s/alexablockchain.com/bitget-20m-ton-ecosystem-fund/%3famp=1

Several tap-to-earn games, starting from NOT, have also contributed to the bullish sentiment around the TON ecosystem. Could this surpass Solana in the long run? I think so.

Probably. The crypto market often behaves in many strange and bizarre ways, so anything's possible. It will depend if mainstream investors (particularly VCs) are interested in the coin. If they are, TON would be on a road to non-stop success. It could even have its own spot ETF like Ethereum, Solana, and Bitcoin. Telegram is one of the most popular messaging platforms in the world, so it can boost the adoption of its own cryptocurrency with ease.

Would you imagine Whatsapp or Signal having their own Blockchain and cryptocurrency as well? That would ramp up the competition for Telegram. We're still in a bear market, anyways. It wouldn't hurt buying some TON just in case. Just invest your money wisely, and there should be nothing to worry about.