ChainCatcher message, TON posted on X: "Recently we witnessed the largest airdrop in cryptocurrency history. 131 million eligible users claimed HMSTR on TON, and despite the heavy load, the TON blockchain operated smoothly.We continue to see an increasing number of users flocking in, and on-chain activity may continue to grow in the coming days. While it is still in the early stages, the success so far proves TON's resilience and its ability to support a large number of users."

ChainCatcher news, CryptoQuant analyst Shiven Moodley posted on the X platform that the TON network has shown significant growth since August 2021, with its high throughput driving the network's scalability, and its collaboration with the Telegram instant messaging platform further promoting its development. There is a noticeable gap between the market capitalization and circulating supply of the TON network, which may indicate that a considerable portion of the tokens is locked or held long-term, thus affecting the network's liquidity. Nevertheless, there is still a general correlation between market capitalization and circulating supply, suggesting that most of the circulating supply is indeed participating in market valuation.Moodley suggests using the average market cap to price ratio as a proxy indicator for measuring speculative behavior. He explained, "The divergence between market cap and price may indicate that the token's valuation deviates from fundamental indicators, while a close alignment between the two suggests a more rational market valuation."

ChainCatcher news, APRO Oracle announces seamless integration with the TON blockchain, providing TON developers with stable and efficient real-time price data, driving innovation and development in its decentralized finance (DeFi) projects.APRO Oracle's technology offers multi-layered guarantees to ensure high reliability of data under asynchronous conditions. This collaboration will help TON ecosystem developers build unique decentralized applications, supported by efficient, low-latency price data, aiding TON in attracting more users into its decentralized ecosystem.

ChainCatcher news, TON Foundation Chairman Steve Yun attended the opening ceremony of the GameOn TON Global Game Hackathon held in Singapore on September 19, co-hosted by the modular payment protocol AEON, TON Foundation, TOP, and Nomad Capital. In his speech, Steve reviewed the development of the TON ecosystem since 2017 and highly praised TON's recent performance in the market.Steve expressed gratitude to the hackathon organizer AEON, while announcing that the TON Foundation would provide support for this hackathon and encouraged developers to actively participate and seize development opportunities within the TON ecosystem. Steve emphasized that now is the best time for developers to build applications on the TON ecosystem.

ChainCatcher news, TON official announced on social media that Catizen is the first consumer-grade Web3 application with over 1 million paid users. Its token CATI will officially launch on September 20, and it has already achieved significant growth prior to this, with a total user base exceeding 39 million and monthly active users exceeding 18 million.

ChainCatcher news, the TON ecosystem Launchpad platform TonUP announced that the team has decided to voluntarily burn all tokens held by the team and allocated to advisors, accounting for 13% of the total supply. A total of 13 million UP tokens will be burned, aiming to strengthen its belief in a sustainable and deflationary model that benefits all holders.

ChainCatcher news, Bitget and Foresight Ventures announced a strategic investment of $30 million in the TON blockchain. This investment aims to strengthen the development of Telegram-based projects, focusing on click-to-earn games like Hamster Kombat and Notcoin.Bitget and Foresight stated that with this new investment, they plan to "engage more deeply in the governance and future development plans of the TON blockchain." The statement said: "This investment will be allocated through the acquisition of TON tokens."