How Did Toncoin Outperform Bitcoin in 2024?

Toncoin's momentum has slowed down in recent times, but the coin is still set to have a successful 2024, even outperforming Bitcoin.

Azcnews How Did Toncoin Outperform Bitcoin In 2024

Although Toncoin (TON) is currently struggling to maintain a steady growth momentum on the charts, the altcoin has recorded significant gains over the past year. For example, on the yearly chart, TON has increased by 144.52%, reaching a current price of $5.19.

Simply put, TON has emerged as one of the best performing cryptocurrencies in the market during this period.

Toncoin Outperforms Bitcoin!

Not only that, according to CryptoQuant’s analysis, Toncoin has even surpassed Bitcoin (BTC) in 2024, becoming one of the few altcoins to beat BTC in terms of performance.

While most altcoins have struggled to surpass Bitcoin’s 2024 returns, TON’s impressive performance highlights the unique dynamics and applicability of this ecosystem.

Toncoin Vs Top 20 Cryptocurrencies
Toncoin Vs Top 20 Cryptocurrencies

TON’s success comes from the remarkable growth in many aspects of the Toncoin ecosystem, especially the significant increase in total value locked (TVL).

Toncoin’s TVL has grown strongly thanks to the increase in investor confidence in the TON ecosystem, along with the explosion in staking and liquidity provision activities. Derivatives have also attracted a large number of investors and capital inflows.

Read more: Bitcoin’s Movement Signals Altcoin Season is Still Distant

Over the past year, these activities have reached an all-time high in terms of transaction volume and users in the Toncoin ecosystem. The network recorded more than 5 million users and 24 million transactions, affirming that 2024 is a year of remarkable growth for Toncoin, and proving the strength and value of this ecosystem.

Notably, if this trend continues in 2025, Toncoin can affirm its position as a leading blockchain for the future.

(5 votes)

2.0/5

(5 votes)

Latest

Bnb Sets New All Time High After Surging 21% In A Week

News | Altcoin | Editor Choice

BNB Sets New All-Time High After Surging 21% in a Week

After surging 21% in just a week, BNB has soared to a new all-time high, capturing the spotlight as the cryptocurrency market rallies.

Crypto Whales Intensify Activity In Uptober As Market Cap Surpasses $4 Trillion

News | Altcoin | Editor Choice

Crypto Whales Intensify Activity in Uptober as Market Cap Surpasses $4 Trillion

The global cryptocurrency market kicked off “Uptober” with renewed enthusiasm as total capitalization surpassed $4 trillion, while whale activity surged — hinting at strategic moves across Bitcoin, Ethereum, and key altcoins amid growing market volatility.

Bitcoin Hits A New Ath As Profit Margins Continue To Shrink

News | Bitcoin | Editor Choice

Bitcoin Hits a New ATH as Profit Margins Continue to Shrink

Although Bitcoin (BTC) continues to set new price records after every halving, historical data shows that the world’s largest cryptocurrency is experiencing diminishing returns with each new cycle.

Cz Says He Was Threatened To Pay $4.4 Billion

News | Editor Choice | Policy & Regulations

CZ Says He Was Threatened to Pay $4.4 Billion

CZ, the founder of Binance, has shaken the crypto world by claiming he was threatened to pay $4.4 billion to avoid false accusations that his exchange financed terrorism.

Binance Hits Record Altcoin Trading Volume As Altseason Heats Up

News | Altcoin | Editor Choice

Binance Hits Record Altcoin Trading Volume as “Altseason” Heats Up

Binance has set a historic record as altcoins captured 82.3% of total trading volume, signaling a new “altseason” fueled by surging institutional inflows and investor demand for non-Bitcoin tokens.

Screenshot 2025 09 10 100533