Bitcoin and stock prices surged following U.S. President Donald Trump's announcement of a 90-day pause on most trade tariffs, excluding China. 

The S&P 500 surged 9.52% in its biggest gain in five years after Trump paused some tariffs for 90 days despite continued trade tensions with China. Gold jumps 2.6% to $3,059.76, set for best day since October 2023, as investors seek safety amid US-China trade tensions and inflation fears. The Coindesk Indices, which tracks the broader crypto market, are up by 12.20%, with Bitcoin and Ether up 7.23% and 13.32% respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is ETH, up 13.5%, followed by the SEC's approval of options trading for spot Ether ETFs, boosting institutional interest.

Ethereum (ETH), launched on July 30, 2015, is a decentralized network supporting digital assets, smart contracts, and decentralized applications. Its native cryptocurrency, Ether (ETH), powers various sectors like finance, art, and gaming. However, investment risks include uncertainty, environmental concerns, and competition. 

, including BlackRock’s iShares Ethereum Trust and others like Bitwise and Grayscale. This approval, granted on April 9, 2024, offers institutional traders a lower-cost investment and hedging tool for Ether exposure. The move is seen as a significant step in increasing institutional interest in Ether. Despite regulatory progress, inflows into Ether funds remain modest compared to Bitcoin.

Check out the latest prices, charts, and data of 

Bitcoin and stock prices surged following U.S. President Donald Trump's announcement of a 90-day pause on most trade tariffs, excluding China. Bitcoin jumped 4.6% to $81,300, Ethereum rose 6.1% to $1,600, and XRP spiked 10% to $2.03. Stock indices also saw significant gains, with the S&P 500 and Dow climbing over 5%, and the Nasdaq rising more than 8%. However, Chinese goods will face 125% tariffs, escalating tensions between the U.S. and China. The crypto market increased by 3.1%, reaching a value of $2.63 trillion.

Yesterday, Bitcoin spot ETFs saw $37.5 million in net outflows, led by $33.8 million from GBTC and $3.7 million from non-GBTC funds.

 that its long-awaited TGE and airdrop will take place after Points Season 2, which runs from April 11 to July 11, 2025. Season 1 has ended, and the snapshot has been taken. To qualify for the upcoming airdrop, users must supply supported assets like BNB, BTCB, ETH, CAKE, and USDT during Season 2—borrowing doesn’t count.

Beginner

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Bitcoin and stocks surge after Trump announces 90-day tariff pause, excluding China

The SUI Spot ETF proposal by Canary Capital aims to provide regulated exposure to SUI, making it more accessible to both retail and institutional investors.

Canary Capital, a key player in the crypto spot ETF scene, has now added a SUI Spot ETF to its growing list of 

. The filing, submitted to the US Securities and Exchange Commission (SEC) on Mar 17, 2025, seeks to offer investors exposure to the price movements of SUI, the native token of the 

 Sui blockchain. This article dives into the details of the proposed spot ETF, how it works, its current status and the potential impact it could have on the broader crypto market.

 that directly holds SUI, the native cryptocurrency of the 

 network, and tracks its spot price, allowing investors to gain direct exposure to SUI's market performance without directly holding the token.

The Sui Spot ETF’s issuer would establish a fund designed to acquire and hold SUI tokens, aiming to mirror the cryptocurrency's market value. This process involves Authorized Participants (APs), typically large financial institutions that purchase SUI tokens on behalf of the issuer from cryptocurrency exchanges or over-the-counter (OTC) markets. These SUI tokens are then handed over to the fund's custodians for safekeeping. In return, the ETF issues shares that reflect the value of the SUI tokens it holds.

APs play a crucial role in maintaining the ETF's liquidity and ensuring its price stays in line with the underlying SUI tokens. If the ETF's market price exceeds its net asset value (NAV), APs can step in to take advantage of the price difference by buying SUI tokens from the market and exchanging them with the ETF issuer for new ETF shares. This increase in shares helps bring the ETF's price back in line with its NAV.

On the flip side, if the ETF's market price drops below its NAV, APs can buy ETF shares at the discounted price and redeem them with the issuer for an equivalent amount of SUI tokens. This reduces the supply of ETF shares and helps push the market price back toward its NAV. These mechanisms ensure the ETF's price remains closely aligned with the value of the underlying SUI tokens.

Once the ETF shares are issued, they’re listed and traded on traditional stock exchanges, providing investors with a familiar, regulated platform on which to gain exposure to SUI without the need for 

Also, the ETF issuer must comply with regulatory requirements in each jurisdiction where the fund is offered. This includes obtaining the necessary approvals from financial authorities, ensuring transparent reporting and adhering to laws designed to protect investors and maintain market integrity.

With this strategic structure, investors can seamlessly incorporate SUI exposure into their portfolios, benefiting from its performance without the complexities of direct crypto ownership.

On Mar 17, 2025, Canary Capital submitted the first-ever 

 filing. Prior to this, the firm had taken the crucial step of registering a statutory trust for the SUI ETF in Delaware on Mar 7, 2025, a procedure that’s common ahead of an ETF application. Canary Capital is now expected to file a corresponding 19b-4 form with the SEC, which will formally kick off the review process for listing the ETF on a national securities exchange. As of now, no other firms have submitted applications for a SUI Spot ETF, making Canary Capital’s move a significant milestone in the crypto investment space.

The SEC’s response to the SUI ETF application is still pending. However, Steven McClurg, founder of Canary Capital, has 

 confidence that many cryptocurrency ETFs, including the SUI Spot ETF, will receive approval before the end of 2025. This optimism stems from a perceived shift in the regulatory landscape, with the new US administration easing enforcement actions against large cryptocurrency firms and reconsidering some of the stricter custody rules proposed by the previous administration. That said, the final decision 

 until Paul Atkins, President Donald Trump's nominee for SEC chair, is confirmed by the Senate.

Current impact of the Sui Spot ETF application on the crypto market

The SUI Spot ETF filing by Canary Capital has sparked significant price volatility and a wave of bullish sentiment within the market. In the short term, the announcement triggered an 

 within just 24 hours, as it reached a weekly high of $2.50. This rally was accompanied by a notable 45% spike in daily trading volumes, which soared to $842 million, highlighting the market's excitement and immediate reaction to the ETF news.

. This growth is being fueled not only by the anticipation of the ETF filing, but also by increasing institutional interest and strategic partnerships, such as 

's decision to integrate SUI into its reserve. These developments have helped position SUI as a key player in the digital assets space.

Despite this positive momentum, market sentiment remains cautiously optimistic. Analysts have drawn comparisons between the potential impact of the SUI ETF and previous Bitcoin ETF-driven rallies, though 

. This reflects the broader volatility within the crypto market, reminding investors of the unpredictable nature of digital asset pricing in the face of market fluctuations.

The ETF filing signals growing confidence in altcoins as legitimate assets. Canary Capital’s strategy to diversify crypto ETFs (including Solana, XRP and Hedera) highlights a shift toward expanding regulated exposure beyond Bitcoin and Ethereum.

What will it mean if a Sui Spot ETF application is approved?

The approval of a Sui Spot ETF by the SEC would provide a regulated way for investors to gain exposure to SUI, and would also reinforce the legitimacy of digital assets in mainstream finance. Here’s what such an approval could mean:

Canary Capital’s SUI Spot ETF proposal marks a major step in merging crypto innovation with traditional finance. By making SUI more accessible and attracting institutional investors, such an ETF could boost market liquidity and strengthen regulatory trust. If approved, it would not only validate SUI as an investment asset but also set the stage for broader adoption of blockchain-based financial products, shaping the future of crypto investing.

Intermediate

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Sui Spot ETF: Investing in the speed of blockchain evolution

Diversifying into gold, forex and other assets through Bybit Gold&FX helps crypto traders manage risk and stabilize their portfolios amid market volatility.

Navigating financial markets can feel like riding a roller coaster, with sharp twists and turns driven by economic events, inflation and global uncertainty. While crypto offers exciting opportunities, its volatility can be overwhelming. That’s why savvy traders look beyond digital assets, incorporating gold and forex into their strategies to create a more balanced portfolio. 

 makes this approach easier, giving traders the chance to diversify their portfolios into gold, commodities and forex. At the same time, Bybit Copy Trading Gold&FX allows traders to tap into expert strategies and advanced tools to 

 and capitalize on macro trends. This handy guide explores three simple steps to embrace macro volatility with Bybit Gold&FX so you can build a more resilient trading approach.

Volatility is a measure of how much asset prices fluctuate over time, indicating the level of uncertainty in financial markets. Higher volatility means bigger price swings, while lower volatility suggests more stability.

Why crypto traders should pay attention to gold, stocks and forex

, with prices often fluctuating dramatically and creating potential risks for investors. To 

, many crypto traders look toward diversifying their portfolios by incorporating traditional assets, such as gold, stocks and foreign exchange (forex), etc. Let’s look at why this matters.

Gold has long been viewed as a hedge against economic uncertainty, inflation and currency devaluation. Unlike crypto, which can experience extreme price swings due to factors like sentiment-driven movements or regulatory shifts, gold tends to retain or even grow in value during economic downturns. 

In April 2025, gold reached a historic milestone, hitting an 

. This rally was largely driven by geopolitical tensions, including renewed trade tariffs and Middle East instability, as well as expectations of interest rate cuts by the US Federal Reserve. During times of global stress, investors often shift capital into gold to preserve wealth — a pattern that has repeated strongly this year. 

For crypto traders, gold presents a way to counterbalance the volatility of digital assets. When crypto markets dip due to regulatory news or macroeconomic shocks, gold may provide stability and a steady store of value.

Equities remain one of the most established investment classes for long-term capital growth and dividend income. In contrast to many cryptocurrencies, which are highly speculative in nature, blue chip stocks and broad indices offer relatively stable returns and are influenced by business fundamentals and macroeconomic trends.

In early 2025, Chinese stocks posted an impressive comeback, with the 

. This growth was fueled by China’s economic stimulus measures, investor-friendly reforms and optimism around industrial recovery. Sectors like electric vehicles, technology and infrastructure saw particularly strong inflows.

For crypto traders, exposure to stocks can provide a more predictable and income-generating component to their portfolio — which is especially useful during periods when the crypto market is consolidating or correcting.

The forex market is the largest and most liquid market in the world, with over $7 trillion traded daily. Unlike crypto, forex operates 24/5 (instead of 24/7), and is deeply influenced by macroeconomic policies, interest rates and geopolitical developments.

In 2025, one standout example of forex movement came from the South African rand, which 

 as gold surged past the $3,000 mark. Since South Africa is a major gold exporter, the rise in gold prices naturally supported South Africa’s local currency. This is a clear example of how commodities, national economies and forex are closely linked, offering savvy traders multiple angles for profit.

For crypto traders, forex offers the opportunity to diversify into another high-liquidity market with its own rhythm and drivers. It’s especially attractive for those looking to apply 

 across different assets or hedge macro exposure.

Platforms like Bybit provide features that make it easier for traders to add traditional assets into their portfolios. Bybit Gold&FX, for example, allows users to access gold and forex markets alongside their crypto holdings, helping them create more diversified and sturdy investment strategies. This integration gives traders the flexibility to take advantage of diverse market conditions — so they can better manage their risk.

 offers traders a powerful and versatile platform to access a wide range of global markets — from crypto and forex to CFDs on commodities and 

Built for both beginning and more seasoned traders, Bybit Gold&FX comes packed with over 90 technical indicators, customizable charting tools and support for automated strategies through Expert Advisors (EAs). Its robust order management system ensures flexibility and precision, making it ideal for executing complex trading strategies in real time.

Investors and traders who prefer a more laid-back approach can consider 

 instead, a copy trading feature on the Bybit platform that allows users to replicate expert strategies in 

 (MT5). It offers a way to diversify portfolios with traditional assets by leveraging the expertise of advanced traders, helping reduce risks tied to crypto market volatility.

How to embrace macro volatility with Bybit Gold&FX

Managing macroeconomic volatility with Bybit Gold&FX requires a thoughtful and strategic approach. The following short description will show you how traders can embrace this volatility and play the macro game in three simple steps.

Understand the broader economic forces that drive market movements, including inflation rates, central bank policies and geopolitical events. Keep an eye on key developments, such as 

 (FOMC) meetings and Federal Reserve speeches, as well as factors like political instability and trade wars that can have an impact on global markets. 

 in early 2020. As uncertainty began to spread, gold prices surged because investors saw it as a safe-haven asset. Studies found a strong link between rising global COVID-19 cases and increased gold prices, with the pandemic contributing to significantly more volatile gold returns.

Bybit offers insights into macro trends and volatility, helping traders make fact-based decisions. Tools such as

 can provide a clearer picture of current market conditions and potential shifts, allowing traders to adjust their strategies with confidence.

Diversify your portfolio with a mix of assets on Bybit Gold&FX, including gold, forex and contracts for difference (CFDs) in order to navigate market fluctuations more effectively. As a traditional safe-haven asset, gold can help hedge against crypto volatility, inflation and currency devaluation. 

Forex pairs like EUR/USD or USD/JPY offer opportunities to capitalize on global economic trends, while commodities like oil and silver add another layer of diversification. 

 allows traders to amplify potential gains in these markets without directly owning the underlying assets. However, CFD trading and leverage carry significant risks, as they can amplify both gains and losses that potentially exceed your initial deposit.

Historically, cryptocurrencies like Bitcoin have shown 

 with traditional assets like gold and stocks, meaning their relative price movements don’t always align. This weak correlation suggests that adding traditional assets to your portfolio can help offset potential losses in the crypto market.

To track these relationships, traders can use tools such as correlation matrices. In addition, platforms such as Chainalytics Labs provide 

 that map out connections between major blockchains, gold, silver and 

, an open-source tool that helps visualize the relationship between cryptocurrencies and other financial assets.

Step 3: Execute trades efficiently on Bybit Gold&FX

Bybit Gold&FX gives you direct access to global markets — all with your USDT, no fiat conversion required. As the only crypto exchange offering this unique product, Bybit Gold&FX offers fast execution, advanced charting capabilities and customizable trading strategies, enabling traders to analyze markets effectively and respond swiftly to price movements. This is especially helpful for traders looking to act on major news — such as gold’s recent all-time high of $3,167.

 and create your MT5 account, then proceed to download the MT5 platform and fund your account to start trading.

When you’re ready to start using Bybit Copy Trading Gold&FX, head to the 

 tab. Once you've selected a trader whose strategy aligns with your goals, configure your settings to 

. From there, you can automatically copy their trades and gain exposure to gold, forex and CFD markets with ease.

Bybit Gold&FX provides crypto traders with a powerful way to navigate market volatility by diversifying into gold, forex and other traditional assets. By understanding macro trends, strategically positioning across multiple asset classes and leveraging Bybit’s advanced trading tools, traders can build more resilient portfolios. 

Diversification helps you reduce risk, stabilize returns and take advantage of opportunities beyond the crypto market. Whether through Bybit Gold&FX’s advanced features or Copy Trading Gold&FX, Bybit empowers traders to adapt and thrive in uncertain market conditions. In the dynamic financial market, embracing a well-rounded investment strategy is key to long-term success.

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3 easy steps to embrace macro volatility with Bybit Gold&FX

Particle Network is a Layer 1 blockchain powering chain abstraction that unifies users and liquidity across all blockchains through Universal Accounts.

 world remains divided by invisible walls that force users to manage multiple wallets and navigate complex 

 processes. Particle Network aims to tear down these barriers through chain abstraction, creating a unified 

 experience whereby users interact with any blockchain through a single account.

This article examines Particle Network's vision for chain abstraction, its Universal Accounts technology and the PARTI token, which powers this ecosystem. We'll also analyze the project's history, technical infrastructure and market position to evaluate its potential as both technological innovation and potential investment opportunity.

 powering chain abstraction. It unifies users and liquidity across all blockchains through Universal Accounts, which provide a single address and combined balance for interacting seamlessly with any chain or 

Founded in 2022, Particle Network initially focused on wallet abstraction services, allowing users to create wallets linked to their Web 2.0 social accounts. This foundational approach evolved into Particle Network’s current comprehensive chain abstraction technology, which aims to bridge the divide between traditional internet experiences and the decentralized world.

Co-founders Pengyu Wang and Tao Pan launched Particle Network in April 2022 with a vision born from their mobile gaming experience. They recognized that blockchain adoption was hindered primarily by poor user experience, and so they set out to build back-end infrastructure that would make web3 as intuitive as traditional applications.

The project quickly secured $25 million from notable investors, including Spartan Group, Animoca Ventures and Alibaba Group. This backing accelerated Particle Network’s development, allowing it to serve over 30 million wallets and integrate with more than 7,000 

The project has demonstrated rapid progress, evolving from a wallet abstraction service to a comprehensive account abstraction provider — and now, to a full-fledged chain abstraction layer. This progression demonstrates the team's agility and commitment to systematically eliminating the barriers between users and web3's potential.

What does Particle Network aim to achieve?

Particle Network aims to solve the three most critical barriers preventing web3 mass adoption. The first challenge is fragmented user experience (UX). Today's web3 users juggle multiple wallets, memorize various 

 and navigate different interfaces for each blockchain. This complexity creates an overwhelming entry barrier for newcomers.

The second barrier is fragmented liquidity. As users spread assets across thousands of blockchains and 

, they must perform complex bridging operations to use their tokens where needed. These bridging processes are confusing and time-consuming, exposing users to additional security risks.

The third obstacle is gas token fragmentation. Each blockchain demands its native token for transaction fees, forcing users to maintain small balances of various tokens just to perform basic actions. This requirement adds unnecessary complexity and costs that further discourage participation.

Particle Network addresses these challenges by creating a truly borderless web3 ecosystem. Its founders’ vision enables users to interact with any application on blockchain through a single, unified interface — without needing to understand the complex technical infrastructure working behind the scenes.

Particle Network achieves chain abstraction through its Layer 1 blockchain, which orchestrates three innovative technologies working together as an integrated system. 

 wallets that maintain the same addresses and balances across all blockchains, eliminating the need for multiple wallets and creating a unified entry point to web3.

 enables seamless cross-chain asset movement. When users interact with a blockchain in which they don't hold native assets, the system automatically routes and executes the necessary transfers behind the scenes. Users simply see their combined balance — without ever having to deal with complex bridging operations.

 completes this seamless experience by solving the token fragmentation problem: users can pay transaction fees with any token they own on any chain, since the system handles all conversions transparently. All fees ultimately settle in PARTI tokens on Particle Chain, creating a unified gas experience across the ecosystem.

This infrastructure is powered by a technical backbone of 

Particle Network's technology stack includes three innovative features working together to unify the blockchain experience.

Universal Accounts is Particle Network's flagship product. It enables chain abstraction by providing users with a single interaction point for the multichain web3 ecosystem. This feature removes the need for manual bridging, or for managing multiple wallets and assets across different networks.

When users connect their existing wallets or create new ones through Particle Network, the system assigns them a Universal Account that maintains a consistent state and balance of information across all supported blockchains.

 is the first chain-agnostic trading platform that leverages Universal Accounts. It's 100% noncustodial, and allows users to trade any token on any chain without bridging. Users can trade, send and receive assets using a unified balance for all chains, and pay for gas with any token.

The platform enables users to buy tokens regardless of their existing chain, and to view comprehensive price and on-chain data with zero 

. Users can send assets directly between any chains and purchase tokens using fiat via various payment methods. The system also provides fast confirmation times and full 

Particle Network’s Universal SDK allows developers to create and manage Universal Accounts for their users and execute cross-chain transactions seamlessly. They can implement gasless transactions for which applications cover the gas fees, leverage session keys for improved user experience and customize access control for enhanced security.

By providing this tool kit, Particle Network makes it simple for developers to build chain-abstracted applications. These applications can then offer a superior UX while leveraging the strengths of multiple blockchain networks.

Currently in its Permissioned Ecosystem phase (Q1 2025), Particle Network is focusing on building flagship applications that showcase Universal Accounts. They've already launched UniversalX, the first chain-agnostic trading platform, and plan to release two more applications targeting essential web3 use cases.

Next comes the Collaborative Ecosystem phase (Q3 2025), whereby Particle Network will partner with key players in AI, trading and 

 to expand adoption. By Q1 2026, the project will enter its Permissionless Ecosystem phase, allowing any chain or application to integrate Universal Accounts and provide users with a seamless cross-chain experience.

With a fixed supply of 1 billion tokens, PARTI serves as the economic powerhouse of the Particle Network ecosystem. The token operates at three fundamental levels: 

When users interact with any blockchain via Universal Accounts, all transactions ultimately settle in PARTI on Particle Chain. This creates continual utility and demand for the token as the ecosystem grows, without requiring users to directly hold PARTI themselves.

The token’s distribution balances immediate ecosystem needs with long-term sustainability:

This structured distribution, combined with the token's essential utility, supports sustainable growth while preventing excessive concentration of ownership.

To drive early adoption, Particle Network launched the 

, which rewards testnet participation with PARTI points. Users earn points by sending transactions, paying for gas with USDG (Universal Gas) on the testnet and completing daily check-ins. Consistent participation yields progressively higher rewards to encourage regular engagement.

Committed community members can boost their earning potential by acquiring Particle Pioneer NFTs, which increase point earnings by 2–30%. The program has gained remarkable traction, attracting over 1.7 million registered accounts and distributing more than 57 billion PARTI points.

These accumulated points qualify participants for several benefits, such as upcoming PARTI token airdrops, bonuses on the 

 and whitelist spots for ecosystem projects. The strategic distribution of points and eventual token airdrops aims to reward early supporters, while creating a broad and engaged community of PARTI holders.

Looking to trade Particle Network tokens? Bybit now offers the PARTI/USDT trading pair. To get started, you'll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

While Particle Network demonstrates significant promise in the chain abstraction space, investors should carefully consider both its growth potential and risk factors before making investment decisions.

PARTI shows promising potential with its comprehensive approach to chain abstraction and strong foundation of existing integrations. However, potential investors should 

 before investing, particularly given the innovative nature of chain abstraction technology.

Particle Network solves the fragmentation problem that has effectively limited web3 adoption. Instead of juggling multiple wallets, managing separate balances and navigating different gas tokens across chains, Particle Network users have a single unified account that works everywhere. PARTI powers this seamless experience, potentially becoming the crucial link that finally makes blockchain technology accessible to everyone.

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Particle Network (PARTI): The backbone of web3 chain abstraction

Bybit Learn

Blockchain

Altcoins

Explainers

Toncoin (symbol: TON) is the token native to The Open Network (TON), a decentralized Layer 1 blockchain network. Find out more about it in this article.

, or The Open Network, is a unique community-driven 

, TON was created to onboard billions of users and allow for quick, inexpensive and energy-efficient blockchain transactions. All of its features were developed with everyday users in mind.

In addition to offering ultra-fast transactions, tiny fees and easy-to-use apps, The Open Network is known for its flexible architecture and scalability. It is also environmentally friendly. Before you invest in Toncoin, the network’s native token, use this guide to learn more about the history of TON and its uses.

Toncoin (symbol: TON) is the token native to The Open Network (TON), a decentralized 

 blockchain network. Previously known as Gram, Toncoin can be used to pay transaction fees, settle payments or validate transactions using the TON blockchain’s 

Telegram Open Network is an abandoned blockchain developed by Telegram, a cloud-based instant messaging service. After the project was abandoned, it was 

In 2018, Telegram released both a “lite paper” and a white paper for the Telegram Open Network. Originally called Gram, the project was in active development until 2020. During its time in development, TON raised money through private sales of Gram tokens. In April 2018, Gram broke records for the second-largest token sale of all time, raising $1.7 billion. Additional large billion-dollar sales were made to companies around the world after the token gained more publicity.

Gram started getting a lot of attention, which began to create several challenges for the network. There were 

 quickly made an announcement that the company would create an official method of participating in the ICO.

Gram initially attempted to conduct public sales under U.S. jurisdiction, so Telegram had to follow all 

 (Securities and Exchange Commission) regulations. The initial purchase agreement was to provide investors with tokens upon TON’s launch. The goal was to prevent the SEC from viewing Gram tokens as securities. Unfortunately, the SEC saw the initial investors as underwriters, and Telegram’s offering of Gram in exchange was considered an unregistered distribution of securities.

While Telegram fought the SEC, it ultimately lost in court. In May 2020, founder Pavel Durov 

At this point, TON had a dedicated following and the worldwide decentralized community of crypto enthusiasts and developers saw the potential of the blockchain. Because TON was developed as an open-source project and the code was easily 

, community developers could pick up where Telegram left off and build new TON functionality.

Toncoin was initially developed as a Gram alternative, ostensibly not an actual investment in Telegram itself (though, according to 

, this assertion was challenged by at least some Gram investors). Speed was a major problem for blockchain technology. Slow speeds and high transaction fees made it difficult for everyday users to effectively pay with cryptocurrency as they would with Visa or Mastercard. TON was developed with the end user in mind to support millions of 

 have become household names, they aren’t without their problems. High transaction fees, slow transaction speeds and a considerable learning curve make it difficult for people to use cryptocurrency for everyday purchases. For example, 

 to use the Ethereum blockchain fluctuate frequently, and gas fees of over $100 aren’t unheard of, depending on the size of the transaction.

The TON ecosystem was developed to handle the needs of millions of users making everyday transactions. Unlike Bitcoin and Ethereum, which are primarily used by investors, TON focuses on catering to the typical consumer. It’s designed to be integrated into an easy-to-use app, allowing users to quickly buy, send and store coins.

One of TON’s biggest advantages is its flexible architecture. The Open Network was designed to be incredibly efficient and scalable, and boasts ultra-fast transactions due to its cross-shard interactions. By supporting dynamic sharding and workchains, TON can successfully validate and process millions of transactions per second. In other words, TON's flexible architecture lets it grow continuously without any loss of performance.

Blockchain technology has quickly evolved, making it easier to exchange sensitive information in a decentralized environment. TON strives for mainstream adaptation of Toncoin, made possible by its engaged Telegram user base, simple interfaces, incredibly fast speeds and overall scalability.

As the native token of its blockchain, Toncoin has a range of uses on theTON network, including as a form of payment in 

Unlike most other blockchain ecosystems, TON was designed to support billions of users simultaneously by using blockchain sharding, which involves using multiple subnetworks, or 

, on the same blockchain to quickly accomplish tasks. Each shard has its own purpose and works to prevent large backlogs of unverified blocks.

 (PoS) network. Every transaction is validated using Toncoin, which is also used to reward validators. The network also allows nominators to lend their tokens to validators to earn rewards. To lend tokens, a nominator needs to join a pool and stake their assets. Both nominators and validators are managed using 

, adding an additional layer of security.

 bot on the Telegram app. After setting up their wallets and adding 

 to their attachments, users can quickly access their Toncoin in any chat window. They can purchase Toncoin using the same bot, too, and don’t need to pay a transaction fee to send Toncoin using the Telegram app. This allows users to quickly and easily transfer decentralized funds to other users on their contact list.

While users intending to sell cryptocurrencies are subject to a 0.9% commission fee, buyers don’t need to pay any transaction fees. This makes the wallet practical for everyday use.

Several services and applications running on the TON blockchain also accept payment in Toncoin. The TON ecosystem supports the creation of new DApps, which makes it highly adaptable.

Toncoin can also be used to influence how the network develops in the future. The Open Network is a 

 (DAO), so users who hold the blockchain’s native token can cast votes on any proposed changes to the blockchain or ecosystem. This helps promote a sense of community and encourages consistent growth and innovation. TON’s current 

 program utilizes a simple voting system that ensures every user has a chance to make their voice heard.

Toncoin is known for its practicality and heavily focuses on efficiency. The goal is to make using the token as easy as possible for the end user. TON’s development community has also worked hard to add many of the advanced features that set the token apart from other cryptocurrencies.

Proof of stake consensus mechanisms are common on blockchain networks that require validators to complete transactions. This energy-efficient mechanism allows validators to be rewarded based on how large of a stake they hold. Instead of receiving a new block on the blockchain, they’re granted part of the transaction fees.

It’s important to note that TON can no longer be mined using a 

 (PoW) consensus algorithm. In June 2022, the 

, and the total supply can only increase by a small percentage each year. TON’s PoS consensus algorithm keeps the blockchain moving efficiently.

, the on-chain governance platform of the TON blockchain, was launched in February 2023. This platform, developed with Layer 3 blockchain infrastructure by Orbs, represents a significant step forward for the TON ecosystem, as it enables tamperproof voting and allows Toncoin token holders to participate in decision-making for network projects. Following its launch, there was a notable surge in Toncoin's trading activity, reflecting the increased engagement and interest in the network. 

Toncoin is integral to the governance process, with holders using it to vote on various proposals affecting the network. The first major governance action, involving a proposal to freeze tokens in inactive genesis mining wallets, saw considerable support from the community. This initiative underscores TON's commitment to decentralized governance and community-driven development, marking a new chapter in its evolution.

The TON Foundation is actively expanding its ecosystem by 

 to build new DApps. ​​In August 2023, the TON Foundation announced its latest grant recipients, showcasing a range of innovative projects aimed at enriching the TON Community. These include Tali AI, which simplifies the onboarding process for developers through an AI-driven model, and a Ledger app that enhances TON asset management and security. 

Meanwhile, TonUP emerges as a permissionless launchpad to support the growth of ecosystem projects, while Optus DEX aggregator optimizes decentralized trading by pooling liquidity from multiple DEXs. Additionally, 

 gaming experience on the VK Mini Apps platform. These initiatives collectively contribute to a more vibrant and functional TON ecosystem, encouraging participation and development within the community.

Storing information on a blockchain isn’t a new concept, but 

 takes it a step further. It works a lot like Dropbox but offers the benefits of private encryption, using the owner’s wallet’s private key. This adds an extra layer of security to both online private and public storage.

Privacy is always a priority for blockchain users. 

 enables users to access the TON blockchain using decentralized 

-like networks. This allows users to avoid censorship and easily access DApps.

Like many other blockchain ecosystems, TON relies on smart contracts to process on-chain transactions quickly. All smart contracts on the blockchain are executed using their own 

, or TON Virtual Machine. TVM allows for very complex smart contract deployments.

, or TON domain name service, attempts to make cryptocurrency wallets, accounts, smart contracts and other features more user-friendly by providing users with easy-to-remember names that aren’t just strings of numbers and letters.

Toncoin (TON): A Scalable & Shardable Layer 1 Blockchain

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Grab Up to 5,000 USDT in Rewards