Confirming the steady growth of interest in the platform.
Last week, the TON network delivered impressive results by processing over 46 million transactions, which is a significant indicator of the blockchain’s infrastructure development and its increasing demand among users.
This level of network activity is the highest since January of this year, highlighting the consistent rise in transaction volumes within the network.
The DOGS memecoin distribution, which caused a lot of buzz, significantly impacted address activity, encouraging users to participate in transactions.
CryptoQuant analysts support this observation, noting that DOGS has become the most popular memecoin deployed on the TON blockchain. This reflects strong community interest in the asset and its influence on the broader TON ecosystem.
The DOGS distribution temporarily overloaded the blockchain, causing the system to struggle with processing transactions efficiently. Up to 35% of all transactions in the network were related to DOGS, emphasizing the level of interest in this memecoin and its impact on current network activity. As a result of this overload, the TON team is exploring ways to enhance the blockchain’s throughput to prevent similar issues in the future.
