TON Blockchain's On-Chain Financials Now Accessible on Binance App, Bolstering Transparency

Singapore – The TON Blockchain, through a strategic collaboration with Token Terminal, has made its on-chain financial data live and accessible directly within the Binance application. This integration provides millions of Binance users with direct access to key financial and usage metrics for the TON ecosystem, enhancing transparency and data accessibility for a broader audience. The development was highlighted in a recent tweet by Token Terminal, stating, "🚨📊 ICYMI: @ton_blockchain's onchain financials are now live on the @binance app."

This partnership signifies a shared commitment to improving data transparency within the cryptocurrency market. According to Token Terminal, their institutional-grade data will be leveraged by Binance to offer a single, trusted source for crypto asset analytics. Jeff Li, VP of Product at Binance, affirmed this, noting, "Token Terminal provides a reliable infrastructure for on-chain data, which supports our efforts to improve data accessibility and transparency on the Binance platform."

The Open Network (TON) has witnessed substantial growth, particularly driven by its strong ties to the Telegram messaging platform. Recent data indicates a significant surge in user activity, with daily active users reaching over 160,000 and the network processing millions of transactions. This growth is further supported by initiatives like the Open League, an ecosystem rewards program distributing 30 million TON tokens.

Binance had previously integrated Tether (USDT) on the TON network, allowing users to deposit and withdraw the stablecoin directly, which significantly boosted liquidity and usability for the blockchain. This earlier integration, combined with the new on-chain financial data access, positions TON for increased adoption and provides users with a more comprehensive view of its ecosystem's health and performance. The continuous development and integration efforts underscore TON's ambition to become a leading force in the decentralized finance space.