- Increase in the number of addresses that have TON.
- TON is superior to XRP when it comes to Social Volume but not in the Development space.
Toncoin [TON] Over the past few days, there has been an unexpected player on the crypto market.
The token and protocol have seen a huge growth despite not being as popular as other protocols and tokens.
TON leads the way
Recent data indicates that TON outperforms many other tokens. TON was accumulating at a rate that was higher than the majority of popular coins. Ripple [XRP].
TON also outperforms XRP when it comes to popularity.
In the last 30 days, Social Volume has increased significantly around TON compared to the XRP. It is likely that there have been more comments about TON in social media.
The Weighted Sentiment of TON is also much higher, indicating a growing positive sentiment towards the TON coin.
TON performed better than XRP in terms of Network Growth. This means that TON was gaining interest from new addresses.
This decline in XRP Network Growth indicates a decrease in interest among new users. This could negatively impact the price of XRP if this trend persists and XRP fails to gain new users.
TON’s dominance was also evident in the area of speed. TON’s velocity had materially increased by the time of publication.
XRP was also a loser, with its speed plummeting in this time period.
XRP is showing growth
However, there was one area where XRP showed growth and outperformed TON — Development Activity.
Click Here to Read Toncoin’s [TON] Price Prediction 2024-25
AMBCrypto analyzed Santiment data and found that XRP Development Activity was at 0.917 as of press time. XRP Development Activity, on the other hand was 0.005.
At the time this article was published, XRP had a price of $0.5427 Its price has risen by 2.46% over the past 24 hours. TON’s price, which was $6.10, had increased by 6.04% during the same time period.
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Source: ambcrypto.com