TON Chain Aims to Reboot NFT
TON Chain Grows its NFT Activity
TON chain is growing its NFT activity, almost catching up with Bitcoin ordinals. The activity is based on Telegram gifts, which start out as images but can be minted as NFTs. TON is a relatively new hub for NFTs and is still niche compared to more established chains. However, TON NFT markets are in their rapid expansion phase, while older networks retain a fraction of their volumes.
Active NFT Market on TON
In the past 24 hours, TON showed its ability to carry an active NFT market. Performance may vary, but the consensus is TON is just starting out with a new wave of NFTs. The emergence of a new NFT activity and the minting of collectibles may offset the lowered traffic on TON chain.
Minting NFTs with Stars
TON expanded its NFT activity after establishing even closer connections to Telegram. The chat app added Gifts and a new in-app asset, Stars. A gift can still be traded or sent out, but Stars allow it to be minted into an NFT and traded on-chain.
Stars and TON Chain
Stars can reach all Telegram users, especially those interacting with mini apps. Telegram estimates up to 400M users seek out mini apps and games. Telegram stars make use of the TON blockchain but are also compatible with the Apple Store and Google Appstore. The assets can support creators, make in-app purchases, and are used to trade Gifts as NFTs.
Upgrading Gifts with Stars
Upgrading a gift costs a relatively small amount of Stars, which is used to cover network fees. Stars can be bought at $0.016, with fees for purchasing through app stores. Later, the NFT can appreciate and trade on the secondary market.
Conclusion
The recent NFT boom may revive interest in TON chain. The native TON token lost some of its positions during the latest market correction, sliding to $3.74. TON chain lost the hype from tap-to-earn games, its meme market was small compared to other chains, and the DeFi sector remained small.
FAQs
- What is TON chain?
TON chain is a relatively new hub for NFTs. - What is the focus of TON chain NFTs?
TON chain NFTs are focused on fun and in-chat use cases. - What is the average price of TON NFTs?
The average price of TON NFTs is 0.2 TON.
Collectible Gifts
TON chain NFTs start out as regular Telegram gifts, and can be upgraded to collectible through stars. The new collectible item unlocks new characteristics, such as background color, icon, and serial number. There are more than 20 gifts that have additional art and features created, allowing for up to 1,400 unique combinations when minting.
NFT Minting Acceleration
NFT mints accelerated in the past three months, tapping the Telegram gifts trend. As of January 2025, more than 20M gifts have been minted as collectibles, with more created among the most popular gifts.
Most Active TON NFT Markets
GetGems and MarketApp are currently the most active TON NFT markets, reporting hundreds of users each day. Fragment was the most active marketplace in the last 24 hours, carrying $374.8K in sales. The Fragment marketplace also expanded its volumes by 70% in the past 24 hours, as the TON chain NFT usage was just starting out.
Anonymous Telegram Numbers and Usernames
Anonymous Telegram numbers and Telegram usernames are among the most active collections with the biggest number of holders.
