The Open Network (TON) has collaborated with IntoTheBlock (ITB) to provide TON users with complimentary access to a range of advanced analytics tools. This partnership introduces over 60 indicators for monitoring various aspects of the network, including transaction volumes, network health, and user activity.
The initiative aims to enhance transparency and user engagement within the TON ecosystem by offering detailed analytical insights.
IntoTheBlock, known for its expertise in on-chain analytics and DeFi services, has now integrated TON into its Market Intelligence suite. This integration allows TON users to benefit from ITB’s extensive analytical tools, thereby improving their ability to assess network performance and user activity. By providing these tools for free, ITB enhances the value of its platform and supports the TON community’s growth.
TON Partners with IntoTheBlock to Offer Free Advanced Analytics, Boosting Network Transparency and User Engagement
The timing of this integration is significant as TON has experienced notable growth recently. Data from IntoTheBlock highlights a surge in network activity, correlating with the increased use of Telegram Mini Apps. Since their introduction in December 2023, these apps have added features like token transfers, micropayments, and smart contract interactions, driving higher engagement on the platform.
In addition to the ITB partnership, TON’s growth has been bolstered by its collaboration with Trust Wallet, announced in July 2024. This partnership enables Trust Wallet’s 100 million users to interact with the TON network, facilitating token swaps and potential support for TON-based NFTs. These developments, along with the ITB integration, position TON for substantial growth in the coming months.
Currently, the price of the TON token has shown positive movement, with recent bullish developments contributing to its rise. After recent support announcements from OKX and Binance, the token’s price increased from $5.4 to $6.4.
As of the latest data, it trades around $6.44, and if the bullish sentiment continues, it may approach $7. However, investors should remain cautious as the volatile nature of the crypto market can lead to unpredictable price fluctuations.
