Crypto News

Toncoin (TON) Gains Traction in Asia With HashKey Exchange Listing

Toncoin

The HashKey Exchange launched TON trading with the TON/USD pair, exclusively available to professional traders.

Toncoin has recently made a significant advancement in the Asia-Pacific cryptocurrency market by securing a listing on the HashKey Exchange. This move could open up more opportunities for Toncoin trading, which is set to begin on May 9 at 16:00 (UTC+8). The exchange has launched TON trading with the TON/USD pair, and it is exclusively available to professional traders.

 

This collaboration aims to combine the expertise and resources of both entities to improve operational efficiency and infrastructure, providing seamless access to digital assets across Asia-Pacific markets. With this move, they aim to further their shared goal of making it easier for people to integrate cryptocurrency into their daily lives. This partnership is a great step forward towards achieving that goal.

In addition to the above, this partnership aims to bring in fresh investment prospects and enhance user satisfaction within the TON ecosystem. The shared goal of both entities is to make Toncoin and other digital assets more accessible and to promote greater adoption across the region.

Investors Gaining Interest on TON

Over the past few months, the TON network has gained significant traction and importance. The integration of new protocols and the introduction of the Open League may have played a major role in this success. 

The Open League program has allocated about $115 million worth of TON in prizes to the community and projects operating within the TON ecosystem. This led to a remarkable 1,900% increase in daily active users. Notably, the TON network surpassed $200 million in Total Value Locked (TVL) on Monday. This surge marks a 773% increase from the $22.9 million TVL recorded in March, highlighting the growing adoption and relevance of the TON ecosystem.

The TON asset has a circulating supply of approximately 3.5 billion and a market capitalization of $20.06 billion, which highlights its significant position in the cryptocurrency market.  HashKey Exchange is celebrating Toncoin’s listing by providing members with a reward pool of 20,000 HSK tokens. The exchange also noted that deposit and withdrawal services are now available.

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