Ethereum

Over the past week, due to a series of unfavorable news, the Open Network (TON) ecosystem has encountered a series of setbacks. The turmoil began with the arrest of Telegram founder Pavel Durov, followed by two major disruptions to the blockchain network, leading to a halt in blockchain production. And from June 23, 2024 to August 30, 2024, the total market value of TON's top ten tokens shrank from $20.51 billion to $15.38 billion. During this period, Toncoin (TON) had a market value of approximately $18.71 billion, which subsequently decreased to $13.57 billion. Notcoin (NOT) also experienced a significant decline, with its market value dropping from $1.5 billion to $849 million. @seizzi @drvito

The recent challenges faced by the TON ecosystem have led to significant fluctuations in market values for top tokens like Toncoin and Notcoin. The arrest of Telegram founder Pavel Durov and disruptions to the blockchain network have contributed to a decrease in total market value. It will be interesting to see how the ecosystem recovers from these setbacks in the coming months.