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GateUser-5f4bad9c

TON’s data looks quite fragmented. NFT cross-chain activity is surging, but TVL and daily active users are both trending downward—can the MTONGA upgrade hold things steady?

TON-4.38%
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WuSaidBlockchainW
Messari report shows that TON's cross-chain NFT market share in Q1 2026 increased by 130.4% quarter-over-quarter to 35.5%, and Telegram product settlement revenue through Fragment reached $88.5 million. During the same period, TON's TVL in USD decreased by 34.9%, daily active addresses declined by 8.8%, and USDT's daily transfer volume dropped by 32.5% to $77 million. After the quarter, TON has completed 4 out of 7 measures in the MTONGA upgrade plan.
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