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Moreover, the TON blockchain has seen increased activity from large investors, popularly known as whales. According to an earlier report by , whale activity for Toncoin has surged by an impressive 376%. At the time of this writing, the market capitalization of TON has grown to $17.7 billion, eclipsing Cardano’s $14 billion.The development of applications and functionalities built on the TON blockchain could be a key factor fueling its growth.