The Open Network (TON) has witnessed a remarkable surge in user activity, making it one of the most widely used blockchain networks. According to CryptoQuant Quicktake, TON's on-chain metrics have seen a significant increase, with its daily transfer volume reaching 10% of Bitcoin's figures. Despite being relatively new, TON's daily transfer volumes range between $5 billion to $10 billion, showcasing the network's rapid growth.

The number of on-chain holders of Toncoin, TON's native token, has also seen a significant increase of 10 times, from 2.9 million to 32 million, indicating TON's growing popularity. Additionally, TON's total value locked (TVL) has doubled within three weeks, reaching an all-time high of $620 million, indicating rising investor confidence in the decentralized finance network.

The launch of a Toncoin-based economy on the Telegram app and the introduction of The Open League program have contributed to the surge in TON's metrics. The program will disburse 30 million TON worth roughly $188 million to community members, attracting new users and contributing to the development of the TON ecosystem. Decentralized exchanges like Ston.fi and Dedust, and liquid staking projects, including Tonstakers and Bemo, have also experienced significant TVL growth, further boosting the network.

The significant increase in TON's on-chain metrics and user activity demonstrates the network's potential for growth and adoption. As the decentralized finance network continues to expand, it is likely that TON will play a significant role in shaping the future of blockchain technology. With its growing user base and increasing investor confidence, TON is poised for continued success.

The growth of TON's ecosystem is a testament to the network's potential for innovation and development. As the network continues to attract new users and investors, it is likely that TON will become a major player in the decentralized finance space. With its growing popularity and increasing investor confidence, TON is an exciting development in the blockchain space.