DWF Ventures: TON’s DAU has increased more than 10 times this year, and the total amount of transfers between it and CEX has reached US$1 billion in the past month

DWF Ventures posted on X that TON has experienced significant growth in the past year, specifically: 1. User growth: TON’s DAU has grown more than 10 times year-to-date, and the average number of user transactions has also grown steadily, surpassing Ethereum on several days in recent months; 2. Mini programs have experienced explosive growth, including Notcoin and Catizen; data from The Open League 5 shows that mini programs are outstanding in attracting Web2 users (off-chain users); 3. DeFi: DeDust.io and STON.fi have become the leading DEXs in the TON ecosystem. STON.fi has the largest number of traders, but DeDust.io’s trading volume in July exceeded the former; 4. USDT on the TON chain: Native USDT was enabled on April 19, and the supply increased to 730 million within 3 months, quickly catching up with the USDT on the Solana chain. This has strengthened the flow of liquidity between TON and CEX, with transfers totaling approximately $1 billion in the past month; 5. Token: In April this year, TON’s daily trading volume reached a record high of more than $1 billion. Although transaction volume has declined recently, the number of token holders has been rising steadily, indicating that more and more users are entering the ecosystem; 6. Developer ecosystem: Due to the uniqueness of FunC, 90% of developers only develop on TON. In 2023, TON introduced a new language, TACT, which is similar to Rust. That may have spurred growth, with more than 260 active developers in July, a yearly high.