The TON ecosystem welcomes a new round of development, and the market response is positive.

At the beginning of this week, as former TON Foundation executives announced the establishment of TON Ventures and raised $40 million to support the TON ecosystem, the price of TON rose more than 12% in a single day, breaking the $7 mark. This important event has attracted widespread attention in the market.

As of this Friday, a certain data platform shows the discussion status of BTC, ETH, and TON as follows:

The number of discussions for BTC last week was 8.48K, a decrease of 7.31% compared to the previous week, with a closing price of $59,414 on Sunday.

The number of discussions about ETH last week was 2.3K, a decrease of 22.9% compared to the previous week, with a closing price of $2639 on Sunday.

The number of discussions about TON last week was 1.29K, an increase of 38.83% compared to the previous week, with a closing price of $6.61 on Sunday.

TON performed particularly well, ranking 5th in the overall discussion count on the platform, with the highest increase in discussions, reaching a daily increase of 122.67%. At the same time, TON's real-time sentiment index reached 54.15 points, indicating that market sentiment is very positive.

Recently, there has been continuous positive news regarding TON. First, the listing of the TON token on a major trading platform has sparked market discussions. This was followed by the establishment of TON Ventures, which seems to indicate that the TON ecosystem is entering a new stage of rapid development.

The Current Status and Development of the TON Ecosystem

TON(The Open Network)originated from a blockchain project aimed at supporting a decentralized network for high-speed transactions. After years of development, TON has evolved from the conceptual stage into a blockchain platform with a complete ecosystem and an active community. The TON ecosystem not only includes core technologies such as decentralized applications, smart contracts, and cross-chain bridging but also involves extensive community governance and market applications.

In 2024, the total asset scale on the TON chain reached $1.14 billion, an increase of more than 15 times compared to the beginning of the year. The daily active user count of the TON ecosystem has surpassed that of Ethereum, demonstrating its advantages in user conversion and ecosystem stickiness. Notably, the number of non-zero addresses on the TON chain has exceeded 39.5 million, an increase of nearly 10 times since the beginning of the year. These data indicate that the TON ecosystem is expanding at an astonishing pace and has become an important pillar in the cryptocurrency market.

The Establishment of TON Ventures and Its Significance

The establishment of TON Ventures is an important milestone in the development of the TON ecosystem. This emerging venture capital institution is led by former TON Foundation executives Ian W. and Inal K., with a funding pool of $40 million, focusing on supporting early-stage crypto projects. The mission of TON Ventures is not only to provide financial support for TON ecosystem projects but also to promote continuous innovation and development of the entire ecosystem through resource integration and strategic cooperation.

The investment focus of TON Ventures mainly includes:

1. User application based on a certain social network
2. A mini program of a certain instant messaging platform
3. Infrastructure and Tool Development

The establishment of TON Ventures coincides with the rapid development of the TON ecosystem. With the explosive growth of the ecosystem and community, TON needs more funding and resources to support the incubation and development of early projects. TON Ventures not only provides the necessary support for these projects but also brings global resources and experience to the TON ecosystem.

Background of the TON Ventures Leadership Team

TON Ventures is led by two former executives with extensive experience in the TON ecosystem, namely former TON Accelerator Director Ian W. and former Head of the Gaming Department at the TON Foundation Inal K. During his time at the TON Accelerator, Ian W. successfully incubated popular TON blockchain games and perpetual contract trading platforms. Inal K. focused on development and promotion in the gaming sector, bringing a large number of users and attention to the TON ecosystem.

Ian W., Managing Director of TON Ventures, stated: "TON has created a new paradigm for Web3. With our in-depth work in this ecosystem, we firmly believe that the greatest opportunity for TON lies in precise capital allocation. Now, we have the opportunity to share unique insights with innovators and developers to help them thrive in the fertile ground of TON. We hope to accelerate the development of the TON ecosystem and drive revolutionary advancements in decentralized technology by connecting visionary investors with cutting-edge projects."

Future Outlook of the TON Ecosystem

With the establishment of TON Ventures, the TON ecosystem will enter a new stage of development. The future development direction can be anticipated from the following aspects:

1. Ecosystem further expands: more quality projects will emerge.
2. The user base continues to grow: the number of daily active users and non-zero addresses is expected to continue to grow rapidly.
3. Accelerating technological innovation: Infrastructure and tool development will enhance the overall technical level.
4. Enhancing Global Influence: Collaborating with top global investors and developers to expand international influence.

Conclusion

The rapid development of the TON ecosystem and the establishment of TON Ventures mark a new stage in the development of TON. With more funding, resources, and technology being injected, the TON ecosystem is expected to achieve greater breakthroughs in the coming years. For developers, investors, and users, the TON ecosystem provides a platform full of opportunities and potential. As the ecosystem continues to grow, TON is expected to occupy an important position in the future blockchain world, driving revolutionary advancements in decentralized technology.

The establishment of TON Ventures is not only an important upgrade for the TON ecosystem, but also a significant signal for the entire blockchain industry. It indicates that as the cryptocurrency market continues to mature, the construction and development of ecosystems will become key factors in determining the success or failure of projects. TON is at the forefront of this development.