The TON ecosystem is developing rapidly, and the establishment of the Ventures fund leads to a new stage.

This week, the TON ecosystem has received significant positive news. Former executives of the TON Foundation announced the establishment of TON Ventures, raising $40 million to support TON ecosystem projects. Following this news, the price of TON surged by over 12% in a single day, breaking the $7 mark.

According to statistics from a data platform, as of August 18, the discussion volume of TON saw a significant increase last week, reaching 1.29K, a growth of 38.83% compared to the previous week. At the same time, the real-time sentiment index for TON reached 54.15, ranking first, reflecting the market's strong optimism towards TON.

TON (The Open Network) originally stemmed from a blockchain project of an instant messaging platform, aiming to create a decentralized network that supports high-speed transactions. After years of development, TON has grown into a blockchain platform with a complete ecosystem and an active community. In 2024, the total asset scale on the TON chain reached $1.14 billion, growing more than 15 times since the beginning of the year. More notably, the number of non-zero addresses on the TON chain has surpassed 39.5 million, nearly a 10-fold increase since the beginning of the year, demonstrating an astonishing user growth rate.

The establishment of TON Ventures is an important milestone in the development of the TON ecosystem. This emerging venture capital firm is led by two experienced former TON executives and focuses on supporting early-stage crypto projects. TON Ventures' investment priorities include user applications based on a certain social network, mini-programs, as well as infrastructure and tool development. Through TON Ventures, developers and investors can share resources and opportunities within the TON ecosystem, accelerating the overall development of the ecosystem.

The leadership team of TON Ventures consists of the former director of the TON accelerator and the former head of the gaming department of the TON Foundation. They have extensive experience in project incubation and promotion within the TON ecosystem and have successfully incubated several popular TON blockchain games and trading platforms.

With the establishment of TON Ventures, the TON ecosystem is set to enter a new stage of development. In the future, the TON ecosystem is expected to achieve breakthroughs in the following areas:

1. The ecosystem further expands, attracting more high-quality projects and developers to join.
2. The user base continues to grow, with daily active users and the number of non-zero addresses maintaining a rapid increase.
3. Technological innovation is accelerating, especially in the areas of infrastructure and development tools.
4. Enhance global influence by expanding international reach through collaboration with top investors and developers.

According to the index from a certain data platform, the popularity of TON has surpassed several established star projects and popular tokens, second only to a few mainstream cryptocurrencies. This indicates that TON has entered the mainstream camp of Web3, and its future development prospects are promising.

The rapid development of the TON ecosystem and the establishment of TON Ventures mark a new stage of development for TON. With more funding, resources, and technology being injected, the TON ecosystem is expected to achieve greater breakthroughs and success in the coming years. For developers, investors, and users, the TON ecosystem offers a platform full of opportunities and potential. As the ecosystem continues to grow, TON is expected to occupy an important position in the future blockchain world, driving revolutionary advancements in decentralized technology.