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The Open Network (TON) community now has free access to over 60 advanced analytics indicators, thanks to a new integration with IntoTheBlock (ITB), a provider of on-chain analytics and decentralized finance (DeFi) services.
In a recent press release shared, ITB announced its collaboration with the TON Foundation, which will enable TON users to access these advanced analytics tools without charge. The integration is part of ITB’s Market Intelligence suite and is designed to enhance user engagement and transparency within the TON ecosystem by providing deeper insights.
Vincent Maliepaard, marketing director at IntoTheBlock, emphasized the benefits of this integration in a conversation with Cointelegraph. He explained that it will give users “actionable data and insights into the TON blockchain,” allowing them to monitor transactions, assess network health, and detect potential anomalies or risks at an early stage.
This integration will provide TON users with access to more than 60 analytics indicators, offering in-depth analysis through various data metrics. According to the press release, these metrics will include transaction volume analysis, network health monitoring, and user activity tracking.
Omur Cataltepe, ITB’s global business development lead, highlighted the value of this partnership, stating that it “enhances transparency and offers the community valuable insights into TON’s growth and usage.”
Telegram Mini Apps Fuel TON’s Growth
The press release also noted a surge in TON’s network activity, which correlates with the rising popularity of Telegram Mini Apps. Since December 2023, these apps, integrated with the TON blockchain, have brought new features to over 250 million Telegram users, including token transfers, micropayments, and smart contract interactions within chats.
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The success of these Mini Apps could serve as a significant growth driver for the TON network, potentially bringing millions of users into the cryptocurrency ecosystem.
Trust Wallet Partners with TON
On July 30, Trust Wallet, a self-custody Web3 wallet provider, announced a partnership with TON to further the adoption of blockchain technology. This partnership allows Trust Wallet’s 100 million users to send and receive Toncoin (TON) tokens, with a focus on game finance and decentralized applications.
Nate Zou, head of product at Trust Wallet, shared insights about the collaboration in a press release, underscoring its potential impact on the blockchain space.
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