TON Blockchain tops Ethereum; Hamster Kombat', 150M players

Throughout this month, Telegram’s “The Open Network” (TON) blockchain has consistently outperformed Ethereum in terms of daily active addresses.

Delphi Digital, a prominent firm, recently highlighted TON’s impressive growth in a post on X. They noted that TON’s daily active addresses have surpassed Ethereum’s, attributing this success to Telegram’s enormous user base of 900 million.

Calling it “The Flippening CT ignores,” Delphi Digital emphasized that TON’s success hinges on Telegram’s extensive reach. However, they also raised questions about whether this growth can be sustained long enough to keep TON ahead of Ethereum permanently.

TON and Ethereum Neck and Neck in Active Address Count

Data from Artemis, which defines daily active addresses (DAA) as the number of unique wallets engaging in transactions on a blockchain each day, shows that TON and Ethereum have been closely competing since May 17. TON gained an edge at the beginning of June, surpassing Ethereum on 10 out of the first 11 days of the month.

On June 3, TON set a record with 568,300 DAAs, a level Ethereum hasn’t reached since September 13, 2023. Despite these impressive figures, it’s essential to consider the broader context. Ethereum has been actively pushing transactions to layer 2 scaling solutions, which have attracted significant user activity, making direct comparisons somewhat unfair.For example, on June 11 alone, three of Ethereum’s top layer 2 solutions—Arbitrum, Base, and Optimism—had a combined 1.3 million daily active addresses.

Ethereum co-founder Vitalik Buterin has been a strong advocate for using layer 2 solutions to scale the main blockchain, as part of Ethereum’s roadmap.TON’s recent surge in network activity can be attributed to several factors, including the integration of Tether (USDT) stablecoin on TON and the 35 million users who have joined Notcoin since its launch five months ago.

Notcoin is a “tap-to-earn” token that users can earn by completing various social challenges. Additionally, Telegram introduced Telegram Stars, an in-app currency for digital purchases, on June 6.Telegram’s messaging platform has also become a popular hub for crypto enthusiasts, with trading bots gaining significant traction among users.

Telegram Adds Digital Payments to Enhance User Experience

Last week, Telegram rolled out a new digital payment feature named “Telegram Stars,” allowing users to conduct in-app purchases conveniently. This feature is compatible with both iOS and Android platforms, aimed at enhancing user engagement and monetization within the Telegram ecosystem.

The introduction of Telegram Stars coincides with the platform’s burgeoning mini apps, which continue to attract a significant influx of users daily.One of the most notable mini apps gaining traction on Telegram is Hamster Kombat, a simulator game where players can increase their earnings by acquiring “upgrade cards” and completing various quests.

Earlier this month, Hamster Kombat achieved a milestone by amassing millions of subscribers, solidifying its status as the leading channel on Telegram in terms of user base.In recent developments, Pixelverse, a Web3 gaming ecosystem integrated within Telegram, successfully completed a funding round, securing $5.5 million in investment.

The funding round witnessed participation from prominent investors in the crypto and Web3 gaming sectors, including Delphi Ventures, Merit Circle, and Mechanism Capital.
This influx of capital underscores growing investor confidence in Telegram’s potential as a platform for innovative gaming and digital experiences.

Overall, these initiatives underscore Telegram’s strategic expansion into digital payments and gaming, leveraging its robust user base and ecosystem to foster new avenues of interaction and monetization.

Guide to Mining Hamster Kombat Coins: Earn Up to ₹50,000 Worth for Free

What is Hamster Kombat?

Hamster Kombat is a click-to-earn game where players accumulate NOTCoin virtual coins through various in-game activities. The game revolves around earning coins per hour, allowing players to progress to higher levels and unlock new challenges and rewards as their balance increases. It offers an engaging experience with opportunities to explore different gameplay strategies while aiming to maximize earnings.