According to Telegram founder Pavel Durov, the messaging platform activated more than one million non-custodial wallets in 48 hours thanks to the Grams feature. Wallets are activated automatically when users receive Grams, eliminating the need to create them manually. This mechanism enables viral distribution: when one user sends tokens to another, the recipient discovers an on-chain wallet they can use to hold or transfer assets without leaving Telegram.
Activity on The Open Network (TON), the blockchain that powers Telegram’s wallet, continues to grow. TON recorded an average of 4.06 million daily transactions in October and welcomed approximately 2.73 million new wallets during the month. Stablecoin usage increased by 23.44% compared with the previous month, reaching 37,693 daily users, while the supply of stablecoins on TON reached $585 million.
$GRAM
$BANANAS31
$MEGA
Activity on The Open Network (TON), the blockchain that powers Telegram’s wallet, continues to grow. TON recorded an average of 4.06 million daily transactions in October and welcomed approximately 2.73 million new wallets during the month. Stablecoin usage increased by 23.44% compared with the previous month, reaching 37,693 daily users, while the supply of stablecoins on TON reached $585 million.
$GRAM
$BANANAS31
$MEGA