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Thanks to GameFi’s success, TON blockchain captured 50% of L1 transactions in September

Thanks to GameFi’s success, TON blockchain captured 50% of L1 transactions in September

Bitget2024/10/01 12:52
HMSTR-0.27%

PANews reported on October 1 that according to CryptoQuant data, the TON blockchain accounted for more than 50% of Layer-1 transaction volume in September 2024, surpassing Ethereum and Avalanche. This achievement is mainly attributed to TON's thriving GameFi ecosystem, especially games such as Hamster Kombat and Catizen, which have greatly increased user engagement and total value locked (TVL). In September, TON's TVL increased by nearly 40%, from US$312 million to US$432 million.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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