The TON ecosystem welcomes new opportunities: The return of the founder triggers a positive market response

Recently, a significant piece of news has attracted attention in the cryptocurrency market: an important figure in the TON ecosystem has been granted permission to leave France and is returning to Dubai. This news immediately sparked enthusiastic reactions within the community, with many developers and community members expressing their joy.

Looking back at the events of the past few months, we can see that this key figure has gone through a complex legal process. From being detained at the airport in France at the end of August last year to finally being allowed to leave in mid-March this year, the entire process spanned nearly 7 months. During this time, he appeared in court multiple times and expressed his trust in the French judicial system. Meanwhile, the TON ecosystem also experienced significant fluctuations.

Let's analyze the specific impact of this news on the TON ecosystem from three dimensions:

1. Change in Total Value Locked (TVL)
2. On-chain activity
3. Performance of Ecological Tokens

Total Value Locked (TVL) Significant Growth

Data shows that the TVL of TON experienced a significant increase of 18 million dollars on the day the news was released, setting the largest single-day increase of the month. Compared to other blockchains, this increase is significantly higher than the average level.

Specifically for each protocol, STON.fi and EVAA Protocol have performed particularly well, each increasing their locked value by about 5 million dollars.

On-chain activity steadily rebounds

In terms of daily trading volume, the data shows that it has returned to the levels of early March, with the increase in trading mainly coming from interactions on decentralized exchanges (DEX).

The number of active addresses has also increased, particularly the number of addresses related to DEX, which has increased by about 3,000. It is worth noting that a single address may participate in multiple projects at the same time.

In terms of the meme token launch platform, both the trading volume and the number of users have rebounded to levels seen about a week ago, with the contribution from the Blum project being the most significant.

Eco Token Performance Shines

Single Token Performance

In the last 24 hours, the price of 52 tokens has increased by over 10%. Among them, the most outstanding performers include resistance-dog, paper-plane, mittens-2, and gentleman.

Market Cap Group Analysis

Whether in the past 24 hours or over the past 7 days, tokens in all market capitalization ranges have shown an upward trend. Among them, small-cap tokens with a market capitalization of less than 1 million dollars have seen the most significant increase. For tokens with a market capitalization of less than 1 million and more than 100 million dollars, this wave of increase has almost wiped out the declines of the past month.

Group analysis by category

In various categories, DeFi and Meme tokens have shown the most impressive performance, with increases of 15-30% in the last 24 hours and 7 days.

Summary and Outlook

The return of this important figure undoubtedly injects a shot of adrenaline into the TON ecosystem, as can be clearly seen from the significant growth in TVL. However, from the on-chain activity indicators, this impact does not seem to be as drastic as expected, merely returning to previous stable levels without a substantial spike. This may be partly influenced by recent market conditions of other public chains.

From the perspective of ecological tokens, although the recent increase has nearly offset the decline over the past month, there is still a certain gap compared to the highs three months ago. This indicates that, although the market response is positive, the overall uplifting effect is still limited.

In the future, the development direction of the TON ecosystem will depend on multiple factors, including technological innovation, market environment, and regulatory attitudes. Market participants need to remain vigilant and closely monitor subsequent developments.