Gate.io 博客 Pantera Capital Backs TON, Eyes Mass Adoption through Telegram

Pantera Capital Backs TON, Eyes Mass Adoption through Telegram

05月15日 10:13

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![](https://gimg2.gateimg.com/image/article/1715738837sdfx.jpeg)
## [TL; DR]
The Ton blockchain’s partnership with Pantera Capital and <a href="/zh/price/tether-usdt" target="_blank" class="blog_inner_link">Tether</a> USDT will increase the adoption of cryptocurrency.

Ton’s key features such as a decentralized marketplace, blockchain scalability and cost-effectiveness will promote the adoption of cryptocurrency.

The <a href="/zh/price/toncoin-ton" target="_blank" class="blog_inner_link">Toncoin</a> is in a bullish momentum that may persist until 10 June.

## Introduction 
The integration of The Open Network (TON) with Telegram app has generated much hype about the future of cryptocurrencies. The Open Network (TON), previously called Telegram Open Network, has the capacity to increase the adoption of digital assets such as cryptocurrencies.

Apart from its unique features, TON offers much utility to the blockchain community. This analysis will look at how the integration of TON with the Telegram app may enhance the adoption of digital assets.

## Pantera Capital's investment in The Open Network (TON) and its potential for mass adoption via Telegram
Some crypto analysts tip Ton Blockchain to play a vital role in the crypto sphere following several partnerships it forged within a short period. One Ton Telegram trending partnership is that of Pantera Capital Investment which may lead to an astronomical growth of the blockchain.

In a recent blog post, Pantera Capita disclosed [its partnership with TON blockchain](https://panteracapital.com/blockchain-letter/ton-our-largest-investment-ever/ "its partnership with TON blockchain") and explained how their collaboration will benefit the entire crypto community. Ryan Barney, a senior investment associate at Pantera Capital, [said](https://panteracapital.com/blockchain-letter/ton-our-largest-investment-ever/ "said"), "At Pantera Capital, we are thrilled about this investment and are eager to support the future builders within the TON ecosystem.”

It is important to note that [Pantera Capital, a well-known crypto venture capital firm](https://www.gate.io/learn/articles/pantera-capital-unlocking-bitcoin-s-potential/1948 "Pantera Capital, a well-known crypto venture capital firm"), has invested a large sum of funds in Ton blockchain. Although both Ton and Pantera Capital have not disclosed the exact amount of invested funds, the investment will likely lead to the expansion of the Ton Telegram ecosystem.

Already, the TON blockchain native token, Toncoin, with a circulating supply of 3,473,826,631 and a market capitalization of $23,218,210,417, is ranked number 9. Its partnerships with Tether USDT and Pantera Capital will likely propel it to greater heights.

Barney talked highly about the benefits Pantera  will have for investing in the Ton blockchain. Commenting on its user base, [Barney said](https://panteracapital.com/blockchain-letter/ton-our-largest-investment-ever/ "Barney said"), “Telegram has over 900 million monthly active users on its future-facing, fast, and secure messaging platform that is used for personal and group communications, large-scale community building, content sharing, and more.”

The key thesis is that the introduction of digital assets in the Telegram and Ton ecosystem will likely lead to mass adoption cryptocurrency. In relation to this Pantera added, “By leveraging Telegram’s vast user base and seamless UX with the vibrancy of TON’s emerging ecosystem, we believe TON has the potential to become one of the largest crypto networks.”

Telegram’s potential as a communication app of choice among people will lead to crypto mass adoption. There is no doubt that Telegram is one of the fastest growing communication applications. According to Pantera capital Telegram, the user base is increasing by about 2.2 people per day, with over 930 million monthly active participants. If such a large audience uses cryptocurrencies on monthly bases the number of crypto adopters will increase significantly over the next few years.

Also, Telegram is outperforming its closest rival, Signal. As an example, Telegram has ten times the number of downloads per month than Signal. This shows its potential to keep on growing in future years.

Read also: [Pantera Capital Plans $250M Solana (SOL) Buy](https://www.gate.io/post/NewsBTC/status/4941241 "Pantera Capital Plans $250M Solana (SOL) Buy")

Another factor that positions Telegram well is its ability to navigate regulatory obstacles. As things stand, Telegram seems to be the only communication platform that has successfully integrated the blockchain technology into its system. Other communications apps like Messenger and WeChat failed to integrate crypto payments into their ecosystems due to regulatory hurdles. Also, Telegram’s appeal to people around the globe will facilitate the greater adoption of cryptocurrencies. 
## TON's Growing Ecosystem: TON's Recent Features and Partnership Expansions
The TON Telegram ecosystem has many features that promote the adoption and use of digital assets like cryptocurrencies and NFTs.

**A Scalable Platform**: The TON blockchain scalability gives it an edge against various protocols in facilitating crypto transactions which are cost effective. Basically, The Open Network (TON) has a decentralized infrastructure which is able to support many mini-applications that facilitate the use of cryptocurrencies like Tether USDT TON and other stablecoins. In addition, the TON Telegram ecosystem has multiple components like TON Storage, TON DNS, TON Services and TON Blockchain that are integrated to function smoothly and support the use of cryptocurrencies.

Regarding this, [Pantera Capital said](https://panteracapital.com/blockchain-letter/ton-our-largest-investment-ever/ "Pantera Capital said"), “The backbone of this system, the TON Blockchain, is built for high performance and scalability, processing transactions quickly thanks to its dynamic sharding mechanism. This architecture ensures the network can handle millions of transactions per second and scales efficiently as user numbers grow, making it ideal for developers aiming to launch applications for hundreds of millions of users without compromising speed or security.”

**Easy Onboarding**: Telegram makes it very easy for new crypto users to navigate the crypto system. For instance, there is no need for users to have long private keys or passwords to send and receive digital assets. Instead, they are able to use Telegram and their email addresses to send and receive digital assets.

Also, users can easily connect to different mini-apps using a simple interface. According to Pantera Capital, users “can easily buy, sell, or manage tokens and NFTs all within a single interface, accessible directly through the Telegram settings and personal chats.”

**Diverse Mini-Apps**:  Telegram mini-apps which require stablecoin payments may facilitate mass adoption cryptocurrency. examples of mini-apps where the users should make crypto payments to access their services mini-games and chatbots. The Ton blockchain has more than 300 such applications which shows a possibility of much cryptocurrency adoption.

Explore [Top TON Ecosystem Coins & Tokens by Market Cap](https://www.gate.io/price/view/ton-ecosystem "Top TON Ecosystem Coins & Tokens by Market Cap")

Pertaining this, Pantera Capital said, “With TON, we envision that integrating crypto into these “Mini Apps” will significantly enhance the user experience for these hundreds of millions of users. There are more than 300 projects on TON, the majority of which are built mini-apps on Telegram which are accessible via the Telegram Apps Center.”

It added, “Earlier this year, we observed how memecoin trading tools like BonkBot generated tens of millions of dollars in revenue through Telegram’s user interface. TON-based applications, such as StormTrade, now enable users to trade perpetuals, cryptocurrencies, stocks, and equities using the same interface.”
Decentralized Applications (DApps) Development: Developers can create various decentralized applications on the Ton blockchain. Notably, these Dapps will require the users to make payments using Toncoin. As a result, the <a href="/zh/price/toncoin-ton" target="_blank" class="blog_inner_link">Toncoin price</a> performance will likely improve in the long term. In the meantime, TON Foundation has a plan to introduce an incentive program for developers to promote the creation of different applications. The app creators will be paid in Toncoin.

**Decentralized marketplace**: Another Ton feature expansion to facilitate the adoption of cryptocurrencies in the Telegram community is its decentralized marketplace. Based on the existing crypto market trends, a facility that allows community members to buy and sell products promotes the adoption of cryptocurrencies that are used as a means of payment. For example, the users may trade digital collectibles like custom Telegram usernames, Telegram stickers and virtual phone numbers.

**Data Monetization**: The Ton Telegram system enables the users to monetize their content. Pantera Capital put more light on this. It explained, “Telegram is taking a significant step forward by integrating revenue sharing with content creators and channel owners through its Fragment platform powered on the TON blockchain. This move marks a shift from traditional social media models by directly allowing these creators to earn from ad revenues on their channels.”

**Partnership Expansions**: Another thing that will promote the adoption of cryptocurrencies are partnerships which the Ton blockchain initiates and promotes. Apart from the Pantera Capital Ton blockchain partnership, Telegram entered an alliance with Tether which led to the integration of USDT and XAUT stablecoins with the Ton blockchain.

The Tether USDT Integration will enable many Telegram users to adopt cryptocurrencies. As per [Pantera website](https://panteracapital.com/blockchain-letter/ton-our-largest-investment-ever/ "Pantera website"), “This development represents a significant advancement for the crypto industry, as it allows hundreds of millions of users to seamlessly send and receive stablecoins through the Telegram platform, making payments as easy as using Venmo or Apple Cash.”
## Ton Coin Price Performance 
Toncoin with a market dominance of 1.04% is trading at $6.82 after losing by 0.25% within the last 24 hours as the following graph indicates. 
![](https://gimg2.gateimg.com/image/article/17157391047.jpeg)
Toncoin Price Performance - [CoinCodex](https://coincodex.com/crypto/toncoin/ "CoinCodex")

As the picture shows, Toncoin is in an uptrend that started on 8 May. The cryptocurrency attained its all-time high of $7.65 on 11 April. Presently, the coin is showing a bullish outlook with a Fear and Greed reading of 53. According to [CoinCodex price prediction](https://coincodex.com/crypto/toncoin/ "CoinCodex price prediction"), TON may gain by 227.25% to reach $ 22.00 by 10 June.
## Conclusion
As per Pantera Capital’s conviction the integration of cryptocurrencies in the Telegram may lead to mass crypto adoption and the expansion of the Ton blockchain. Specifically, Telegram users will be able to make payments for the use of various mini-apps using TON. The integration of Tether USDT with Ton blockchains will also increase the demand for the stablecoins.
## FAQs about Toncoin
### What is Toncoin?
Toncoin is a native cryptocurrency for The Open Network (Ton), formerly known as Telegram Open Network. It is a utility token which is integrated with the Telegram app.
### When was Toncoin launched?
Ton coin was launched in 2018 as the native cryptocurrency for the Telegram Open Network.  Nikolai Durov, the  Telegram instant messenger apps founder, developed the Toncoin. Read the [Toncoin Price Prediction & Forecast for 2024, 2025, 2030](https://www.gate.io/price-prediction/toncoin-ton "Toncoin Price Prediction & Forecast for 2024, 2025, 2030")
### What does Pantera Capital do?
Pantera Capital is an investment company that specializes in ventures and cryptocurrencies as well as promoting the adoption of blockchain technology.  The firm believes that cryptocurrencies like <a href="/zh/price/bitcoin-btc" target="_blank" class="blog_inner_link">Bitcoin</a> have the potential to change people’s lives for the better.
### Who is behind Toncoin?
Nikolai Durov is behind the development and promotion of the Toncoin. He is also the founder of Telegram instant messaging app. In fact, Toncoin is now integrated into the Telegram application.
### Is Toncoin real?
Toncoin is real since it is listed on many centralized and decentralized exchanges like Gate.io, Binance and Coinbase. It is currently the 9th largest cryptocurrency by market capitalization and is trading at $6.82. Read how to [buy TON coins at Gate.io](https://www.gate.io/how-to-buy/toncoin-ton "buy TON coins at Gate.io").

<div class="blog-details-info">
<div>Author:** Mashell C.**, Gate.io Researcher
<div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions.
<div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
</div>

[TL_ DR]

Introduction

Pantera Capital_s investment in The Open Network _TON_ and its potential for mass adoption via Telegram

TON_s Growing Eco_: TON_s Recent Features and Partnership Expansions

Ton Coin Price Performance

Conclusion

FAQs about Toncoin

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Pantera Capital Backs TON, Eyes Mass Adoption through Telegram

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