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Global, 17th September 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has released an extensive report outlining the current state and development traction of the TON ecosystem, while highlighting its existing shortcomings and potential future threats. The report by Bitget starts by mentioning TON’s 900 million active user base, mostly from the CIS countries, particularly Russia and Ukraine, trailed by India, Brazil and the US. The network is host to over 1,159 projects, including cross-chain bridges, DeFi, launchpads, and other types of services.

The cryptocurrency landscape is evolving at an unprecedented pace, and Blockchain Life 2024 in Dubai is poised to be the must-attend event for industry professionals, investors, and enthusiasts. Scheduled for October 2024, this annual conference promises to be a pivotal gathering, showcasing the latest trends, innovations, and insights in the blockchain ecosystem.

This past week has witnessed a notable surge in altcoin performance alongside Bitcoin (BTC), leading to an increase in the Altcoin Season Index, which has risen to a two-month high of 45, according to Blockchain Center.

In a recent address, Tiff Macklem, Governor of the Bank of Canada, highlighted the dual-edged nature of artificial intelligence (AI) and its potential implications for inflation and financial stability.

The Solana meme coin, BONK, has recently captivated the crypto community with a notable surge, drawing attention from analysts who predict a potential 500% increase in October.