Could TON be the new Solana? | Bitcointalksearch.org

Abiky

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Quote from: betswift on August 16, 2024, 12:30:29 AM

With implications of new updates (like the Stars) that will make Telegram and TON more marketable and usable for content and project creators alike. In the future, they should be able to trade these for TON itself, so I think we will see even more funds flooding into it.

This is good and all, but without the US market, TON will be doomed. Telegram needs to "open its doors" to US-based users to help kickstart the value of its TON cryptocurrency. I know the decision was made out of fear from the regulators. Especially with the SEC's record of "aggressiveness" against crypto industry giants in the US. But the regulatory agency backed down recently, paving the way for crypto companies to resume their operations in the country without obstacles/limitations.

Until the US market adopts TON, expect Solana to stay ahead in the game for quite some time. Technically-speaking, both TON and Solana are "neck and neck". TON hasn't had a single network outage (AFAIK), unlike its rival. I guess that's one of its main "selling points". The crypto market behaves in many strange and bizarre ways, so expect the unexpected.

betswift

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Quote from: riantolie on August 15, 2024, 10:22:20 PM

It definitely could, we'll see. I wouldn't bet on it too much, but I have some TON and planning to get some more.

With implications of new updates (like the Stars) that will make Telegram and TON more marketable and usable for content and project creators alike. In the future, they should be able to trade these for TON itself, so I think we will see even more funds flooding into it.

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Quote from: riantolie on August 15, 2024, 10:22:20 PM

It definitely could, we'll see. I wouldn't bet on it too much, but I have some TON and planning to get some more.

The narrative changes over time. When it's with SOL's moment, it's with the meme coins. Now, TON has got a lot of meme coins as well but in accordance with that, they're part of the game that's built on the TON's ecosystem. There's a chance that it can be mostly preferred by those investors that are into memes and games. But I don't give guarantee on this. As I've said, changes are there and narratives do changes a lot from time to time.

It could be SOLs time several months ago, and this time it could be TONs but we'll never know how long they're going to coexist and which of them is going to stay for so long. But for now, we're looking at both of them as they seem to be good as they are based on the liquidity and market share that they are having from its volumes through exchanges. The market and its community have been loving the movement of them whenever there are some interest news that comes out. Anyway, more gas fees for those airdrops that are coming to TON or telegram apps.

riantolie

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It definitely could, we'll see. I wouldn't bet on it too much, but I have some TON and planning to get some more.

Krishna1942

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I am active user of telegram and many airdrops giving prizes in ton for tasks, activities. I can say telegram users will increase in future so more demand for ton coin in future.

pangu

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Ex-TON Foundation execs launch $40M TON Ventures fund:
https://cointelegraph.com/news/ton-ventures-40m-fund-crypto-projects

betswift

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I don't like to compare or equilize two or three different coins on the market in that way, as, in my opinion, it can cause thinking about what is going to happen next preemptively, withouth much analysis taken into account. Yes, TON and it's growing and booming network of different projects are slowly paving the road for it to becoming one of the big players on the market, however, there are still many things to be desired by the devs and users alike, just like in SOL, but not quiet. Always DYOR and keep an eye out.

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Quote from: trendcoin on July 14, 2024, 12:01:15 PM

After the rhetoric of being the new Bitcoin and the new Ethereum, we also hear the rhetoric of being the new Solana. Of course, every project competes with the products in its market, but the idea of being the new one of an existing product doesn't seem very original and right to me. Ton has a great target audience thanks to the messaging program Telegram. If it does the right things at the right time, it can succeed in gaining an important place in the market...

Honestly that's right, TON just seem to be taking different path than solana, because solana is embracing the meme coin hype on the other hand TON is full of gamefi projects.
so it's really different blockchain altogether, heck even the working mechanism of the blockchain and the user experience of the TON ecosystem vastly differ than that of solana.
also the fact that TON try to make it free to send stablecoin means it want to cater as much general audience as it can meanwhile solana doesn't really do that.

however the thing that gives originality to TON probably the fact that TON itself always revolve around its telegram app, trying to fit entire ecosystem into their app.

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Intriguing thought on TON! The Open Network's growth and Telegram's user base are undeniable forces. The recent all-time high for $TON is a strong indicator. While I can't offer financial advice, exploring new projects with potential is what the BingX XR Listing Carnival is all about. They're featuring a variety of tokens, and who knows, maybe TON will be there soon! What are your thoughts on TON's future compared to Solana?

Even though the current market sentiment is still bearish, Ton has managed to attract bullish attention even though it is only temporary, of course every project is competing for value in its market although Ton has seen significant investment in the current market with price increases driven by a number of newly launched innovative projects. I think tons could possibly surpass Solana although that is still a estimation because the potential price increase indicates a strong comeback in the market, tons still indicate that the uptrend is still ongoing and has the potential to continue.

Abiky

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Quote from: trendcoin on July 14, 2024, 12:01:15 PM

After the rhetoric of being the new Bitcoin and the new Ethereum, we also hear the rhetoric of being the new Solana. Of course, every project competes with the products in its market, but the idea of being the new one of an existing product doesn't seem very original and right to me. Ton has a great target audience thanks to the messaging program Telegram. If it does the right things at the right time, it can succeed in gaining an important place in the market...

This reminds me of the time when many claimed EOS was going to replace ETH in the future (dubbed as the "Ethereum Killer"). That never happened. EOS is now dead, with very litle support from mainstream crypto exchanges. It hasn't been able to reach a new ATH, even during bullish market conditions. The same thing might happen with TON in the future. Especially when Solana has huge backing from VCs, and retail investors alike.

Telegram needs to create something innovative that would blow Solana out of the water. Adding instant transaction finality and zero fees could make TON a more attractive option than SOL. The market will ultimately decide which coin stays afloat, and which one goes all the way down the drain in an instant. I'd expect Solana's position to remain unchanged in the future. Who knows what the future of TON will be?

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Quote from: Hyphen(-) on July 08, 2024, 01:08:56 PM

Quote from: Phoenixtrader on June 27, 2024, 11:23:51 AM

Several tap-to-earn games, starting from NOT, have also contributed to the bullish sentiment around the TON ecosystem. Could this surpass Solana in the long run? I think so.

I think the TON ecosystem has taking the new direction towards supporting these telegram tap to earn projects, and I see that as a great idea from the community because the listing of NOT coin has created a lot of hype to the network and I am sure they will benefit from it very well.
Other projects on Telegram talk to earn are all targeting the TON network to get listed, and there is hype and the community will be happy and embrace TON if these coins are all listed, therefore, if the listing of most of these coins is successful, then there no doing that TON network will be the next Solana.

I can see so many mining bot promising their users that they are going to be launched on Tron network which I think could do better than Solana in the nearest future. I have been using the network to run different transactions which has been free for all these while compared to other blockchains that kept charging fees. I see a great future in the Ton ecosystem and it is a good start for them if so many of these projects eventually launched on the blockchain which is going to make the price to skyrocket more. I know with time, some of the meme projects would have no option that to launch on the Ton network so they can attract more investors.

trendcoin

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After the rhetoric of being the new Bitcoin and the new Ethereum, we also hear the rhetoric of being the new Solana. Of course, every project competes with the products in its market, but the idea of being the new one of an existing product doesn't seem very original and right to me. Ton has a great target audience thanks to the messaging program Telegram. If it does the right things at the right time, it can succeed in gaining an important place in the market...

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Quote from: FinneysTrueVision on July 13, 2024, 01:29:55 AM

Solana is more mature at this point and it will not be easily displaced. TON has a growing ecosystem and is being adopted by many projects launched on Telegram.

Agree with this take, telegram with their TON blockchain too focused on trying to make everything revolve around their telegram app, probably the fact that they are creating blockchain might be for the sole purpose of further giving utility for their telegram app which honestly will hinder the growth of the blockchain in the future.

the solana ecosystem is definitely a lot more matured by significant gap that I don't think will be chased easily by telegram.
in the meantime most of telegram dapps still on development and the blockchain itself is full of tap-tap games Grin

.

their ston.fi swap platform isn't even having that huge volume

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Quote from: justdimin on July 12, 2024, 11:55:43 PM

I have different opinion here, I think TON will not be that high, plus a lot of people are acting as if this recent increase was something that will continue for a long time, but the reality is that I am sure it will not continue for that long. This is why I think we should realize that it is not going to be simple, and we need to focus on finding something much better.

SOL is doing greater and will keep on being better as long as it keeps on doing what it does. Of course, in a scenario where SOL gets much worse, like has some issues, then it could definitely drop under TON, but in that situation we are not seeing TON become better, we would see SOL becoming worse. In the end, if you want to invest, do not compare, just invest if you want to.

Isn't TON a coin created by Telegram? And we all know Telegram. They are not new and I think they will continue to dominate the instant messaging field, so I also think that their coin will share the same faith. If it was only a normal token like any other, then we can say that its hype were already over.

Anyways, there is always a risk in investing because we can't tell what can come ahead no matter what coin is that, so its always better to keep your confidence at normal level only. Solana has been on and off, I mean it can have an issue and then it will get fixed again eventually and this is why we can say that Solana is still better than TON. Comparing before investing is a good thing actually, because it helps us to pick a better asset.

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Quote from: FinneysTrueVision on July 13, 2024, 01:29:55 AM

Solana is more mature at this point and it will not be easily displaced. TON has a growing ecosystem and is being adopted by many projects launched on Telegram. As popular as Telegram is, it is still just a communication app. It’s not a full fledged gaming app or finance app. Solana’s ecosystem is more open and widespread because it does not rely so much on a single app. Developers can build more feature rich applications on Solana which are not constrained by Telegram’s limitations.

As it is, not every Telegram game or app is even using the TON blockchain. Betfury has a popular Telegram game where users are rewarded with BFG, which is a Binance Smart Chain token. In the future we could see more Telegram projects move away from TON and build on a more popular blockchain.

Solana is much more mature because they have been in the market for a long time and the community there has grown to build the ecosystem, but the question is whether Solana will not experience problems where network outages occur again? Even though it happened several times the community never abandoned it.

TON is indeed more popular because most of the projects launched by the Telegram application but make no mistake the community here is quite large even hundreds of millions of Telegram users so don't be surprised TON will take popularity because of the large community.

Currently, the TON ecosystem is developing from several projects on its network that rely on applications, this is not not knowing what the real use is because of the communication application? Unlike other projects with unique uses.

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Solana is more mature at this point and it will not be easily displaced. TON has a growing ecosystem and is being adopted by many projects launched on Telegram. As popular as Telegram is, it is still just a communication app. It’s not a full fledged gaming app or finance app. Solana’s ecosystem is more open and widespread because it does not rely so much on a single app. Developers can build more feature rich applications on Solana which are not constrained by Telegram’s limitations.

As it is, not every Telegram game or app is even using the TON blockchain. Betfury has a popular Telegram game where users are rewarded with BFG, which is a Binance Smart Chain token. In the future we could see more Telegram projects move away from TON and build on a more popular blockchain.

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Quote from: Phoenixtrader on June 27, 2024, 11:23:51 AM

The Total Value Locked (TVL) in the TON ecosystem has increased more than fivefold over the past two months, reaching $600 million due to the influx of new projects and assets such as STON.fi, DeDust.io, and TON-USDT. According to Tether's official transparency page, the authorized issuance of USDT on the TON blockchain has grown to approximately $580 million, making it the sixth-largest blockchain for USDT issuance, after TRON, Ethereum, Solana, Avalanche, and Omni.

The TON ecosystem has also seen significant investments recently, including a $20 million investment from bitget. https://www.google.com/amp/s/alexablockchain.com/bitget-20m-ton-ecosystem-fund/%3famp=1

Several tap-to-earn games, starting from NOT, have also contributed to the bullish sentiment around the TON ecosystem. Could this surpass Solana in the long run? I think so.

But, I have different opinion here, I think TON will not be that high, plus a lot of people are acting as if this recent increase was something that will continue for a long time, but the reality is that I am sure it will not continue for that long. This is why I think we should realize that it is not going to be simple, and we need to focus on finding something much better.

SOL is doing greater and will keep on being better as long as it keeps on doing what it does. Of course, in a scenario where SOL gets much worse, like has some issues, then it could definitely drop under TON, but in that situation we are not seeing TON become better, we would see SOL becoming worse. In the end, if you want to invest, do not compare, just invest if you want to.

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Quote from: bettercrypto on July 12, 2024, 05:44:33 AM

You know, it's not always the case that just because two entities share a blockchain, it means they are identical in every way. Most people are aware of TON's objective to develop into a worldwide computer network with a decentralized and scalable architecture.

Solana is concentrated on high performance, but it also made considerable progress in NFTs and DEFI. They are, in essence, rival platforms that employ various strategies.

Solana wasn't the home of NFT, Ethereum was the number one home of NFTs which is why Opensea till date has large volume of NFT than any other chain because the real Defi stated from ethereum chain but due to the activity of Ethereum, the increase in gwei demand for transaction was to high and people couldn't pay up for the transaction fee and that's how Solana won the heart of people because of the low gas fee and the transaction speed but consistent offline network kill the structure, this is why the NFTs looks dead this season because people are not buying.

I just think that TON is just having it's moments because of Telegram mini app and the airdrop everyone is getting, the on chain transaction is creating demands and speculators are using that to move the price which is normal but trust me, this is just like any other chain having it's time. It's was here since last bull run but all of a sudden, it became the new cook project. Let's just observe.

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This is thoughtful of you and I can only verify that I'm not the only one thinking in this direction. Solana was the big name being called in recent years and it's evident in many projects routed to it in just a small space of time. Thanks to its better upgrade and scalability, however, if the argument I often review online is true, then TON is better prepared and this may make it a very strong direct rival of Solana for a lengthened time.

This is becoming more serious as I've seen a few projects abandoning their initial plan for Solana for TON, it could only be for good reasons. And this has been helping TON so much lately to the point that its price hardly depreciates so much when other coins are depreciating. Just like I told my brother 2 weeks ago, if some people miss many important crypto projects in the past, TON may be the opportunity to go by now. It might have a huge price hike over time, and just like Solana did in less than 2 years, the same is possible with TON too.

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Both solana and Ton being layer 1 blockchain that's fair compitition recently we had seen Ton project get a good volume and increase in the community memeber due to all the mining app but I believe solana is already developed well with so many product
I believe in the upcoming days we can see more project and product get lauched in the ton so for now Ton had a good scope on the short term and long term but solana always remain our evergreen

Topic: Could TON be the new Solana? (Read 759 times)