TON – Results from Q2 2023

Over the past three months, the total number of accounts and transactions on The Open Network (TON) increased to 2.88 million and 173 million, respectively. TON has become the 14th largest cryptocurrency by total market capitalization, according to CoinMarketCap. Similar to the previous quarter, TON's technology, ecosystem, and the network's economy improved. Tokenomics 1. Tokenomics Deflation Mechanism The TON 2023.06 update introduced the new burn functionality. It was implemented by the community and validators…