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The daily active addresses on TON Masterchain have reached 946, setting a new historical record

The daily active addresses on TON Masterchain have reached 946, setting a new historical record

Bitget2024/08/21 04:59

According to data disclosed by CryptoQuant, the daily active addresses of TON Masterchain have reached a historical high, with the number of daily active addresses hitting a record 946, an increase of more than seven times since July 2021. The record-breaking number of active addresses implies several things: increased network activity and more user participation leading to more transactions; network growth as the ecosystem expands with the emergence of more dApps and working chains; economic impact as demand for TON tokens increases with growing network usage. It is reported that TON's architecture relies on various sidechains to manage most data. The main role of Masterchain is to coordinate message routing and transaction execution rather than directly handling most data.

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