The Open Network (TON) is experiencing a significant surge in popularity, with various on-chain metrics reaching new heights. According to CryptoQuant, these metrics highlight the steady growth of TON, with transfer volumes and token holders increasing dramatically.

One of the key measures is the physical transfer volume expressed in USD, which has reached an impressive $10 billion. This is a significant milestone, considering Bitcoin's average daily transfer volume is around $50 billion. This means TON has already achieved 10% of Bitcoin's capacity, despite being only four years old.

Another significant statistic is the number of token owners on the TON network. The number of holders has risen dramatically over the past year, from 2.9 million to 32 million, a tenfold increase. This demonstrates the growing popularity of the TON token and the confidence of investors in the network.

The sharp growth in transfer volume and token holders indicates a growing demand for TON, setting it up to become a major player in the blockchain space. With more users and transactions taking part in the network, TON is poised for continued growth and success.

The on-chain metrics of TON paint a promising picture, with transfer volumes reaching $10 billion and token holders exceeding 32 million. This growth trend suggests a bright future for TON, with more investors and developers likely to take notice.

Overall, The Open Network is experiencing a significant surge in popularity, with on-chain metrics reaching new heights. This growth demonstrates the opportunities and growing presence of TON in the crypto space, making it an exciting time for investors and developers alike.