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Is Toncoin Building a Foundation for a Long-Term Comeback? Analyst Weighs In | Global News Avenue

Is Toncoin Building a Foundation for a Long-Term Comeback? Analyst Weighs In

Tons of coins (tons) continue to face a challenging market environment, working hard to reverse them The nearest downward track. Trading below $4, asset price performance over the past few weeks remains largely in the red.

Under these conditions, crypto contributor Darkfost has shed On some potential trends, long-term investors are still seeing positive returns despite a bearish climate.

Assess ton of long-term viability and market stability

According to DarkFost, in posts uploaded on the Encrypted Fast Speed ​​Platform, long-term holders (those who maintain positions over a year) are currently already Enjoy 69% profiteven if short-term investors face losses.

Percentage income for long-term holders.

This dynamic raises questions about the potential for long-term investments, prompting a closer look at the project’s ecosystem and liquidity. The key indicator in this regard is total value locking (TVL) on the network.

Despite the market-wide decline affecting many altcoins, Darkfost data shows that TON’s TVL remains stable at $300 million. Maintain a stable level Since the beginning of 2024. This liquidity and resilience to lock in value show that there is some confidence in the fundamentals of the platform.

Tons of coins: the role of ecosystem activities and work circles

In addition to price and profitability, another important indicator of TON’s long-term potential is its blockchain activity. DarkFost notes that examining the main chain and work chain can provide valuable insights into the adoption of the project.

TON Workchain is a flexible blockchain layer designed to execute smart contracts and process user transactions, showing consistent activity throughout the year.

It is worth noting that the “Hamster Kombat” phenomenon in early 2024 caused a significant increase in network usage, emphasizing the ability of work chains to support various applications and Drive to participate.

At the same time, the main chain is the backbone of the network. By storing global configuration data, validator status and hashings for all work channels, the main chain ensures smooth operation of the entire ecosystem.

Tons of coins (tons) main chain active address

According to DarkFost, the continued growth of the main chain highlights Ton’s structural stability and improved adoption. These factors collectively Point to the ecosystem This not only keeps it, but also expands its scope of operations amid a wider market challenge. The analyst wrote:

In short, despite the general decline in interest in the cryptocurrency market, the ecosystem throughout 2024 has been impressively developing throughout 2024 and maintaining a solid TVL. In the long run, Ton seems to have built itself in the crypto ecosystem.

TONCOIN (TON) price chart

Feature images created by TradingView with DALL-E chart

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