THE TON REPORT

TON Validators to Implement Mandatory Software Update on December 17

TON Blockchain – @TonStatus has announced a scheduled update for its mainnet validators and liteserver operators, set to take place on December 17 at 11:00 UTC. Validators are required to prepare for this essential upgrade, which introduces significant improvements to the network's functionality.

Key updates include enhanced database management, simplified key backup options, reduced redundant calculations through caching, and the addition of a new opcode for the TON Virtual Machine (TVM). These changes aim to optimize network performance and ensure more streamlined operations.

The update is mandatory for all validators to maintain compatibility and secure participation in the TON ecosystem. With these enhancements, TON continues its push towards greater efficiency and reliability for its blockchain infrastructure.

Hipo Finance $HPO Now Listed on DeDust; Confirms Upcoming Rewards

$HPO, the governance token of @hipofinance, is now officially listed on #DeDust, one of the largest decentralized exchanges in the TON ecosystem. This follows its earlier launch on #Stonfi on November 25th. Currently, $HPO is trading at $0.03.

Hipo Finance has hinted at a major incentive campaign set to roll out soon, although specifics remain under wraps.

With its listing on DeDust, $HPO expands its accessibility, providing users with another avenue for trading and governance participation within the Hipo Finance ecosystem.

Never say never. The #crypto market is a rollercoaster of volatility and potential.

Today, #Bitcoin has soared to astronomical heights, valued above $100K. Once dismissed as "evil" and a tool for nefarious activities, this groundbreaking technology has metamorphosed into a legitimate financial asset.

Nations and global corporations are now integrating Bitcoin into their reserves, acknowledging its potential as a hedge against inflation. Remarkably, it played a pivotal role in shaping the discourse and strategies during the recent U.S. November elections, influencing political agendas and campaign funding.

This unexpected turn in Bitcoin's history demonstrates why you shouldn't discount a potent technology with a compelling use case and ongoing story.

Never say never.

Toncoin = $7.08

Toncoin = $6.75

From Gaming to Predictions: MemeFi's Vision for Telegram’s Future After Earning $30M Revenue

@MemeFiclub, a standout player in the Telegram ecosystem, has shared a bold vision for transforming crypto's mass-market appeal. By blending mobile gaming strategies and crypto monetization, MemeFi's apps have achieved over 50 million users and $30M+ in revenue, showcasing a scalable model for Web3 adoption.

MemeFi credits its success to gamified designs, a strong memecoin-powered brand, and leveraging Telegram's vast audience potential—an untapped goldmine in crypto. With unique advertising and gamification models, MemeFi aims to redefine how blockchain integrates with user-friendly apps.

Per MemeFi, their tech migration to Sui ensures the scalability and efficiency needed for millions of users. Upcoming projects include a Telegram prediction market and more high-performing apps with seamless user experiences.

Partnering with brands like Simon’s Cat and Baby Shark, MemeFi plans to expand into YouTube and other media, positioning itself as a leader in consumer-friendly crypto applications.

The team emphasizes that they don't add crypto for hype but use it where it matters. By focusing on creating real-world value and intuitive designs, MemeFi's Telegram journey could mark a turning point for the future of Web3.

New media, partnerships, and innovative projects are on the horizon—"We're getting there," they said.

Toncoin = $6.60

Ever felt limited by staying on just one #blockchain?

Imagine being able to move your tokens across multiple chains, opening up new profit opportunities with ease.

That’s where bridging tokens come in!

Let me explain how they can change the game for your #crypto strategy.

What are crypto bridges?

Like bridges in our physical worlds that enable you to move from one point to another over an obstacle, in crypto, bridges allow you to transfer assets/tokens between different blockchain networks effortlessly.

Think of them as a digital passport, letting you move your crypto freely between ecosystems like Ethereum, BNB Smart Chain (BSC), Polygon, TON, and more.

Continue Reading: https://x.com/TheTONReport/status/1863246313133121613

For the first time in a long time, the percentage of profitable $TON wallets has exceeded 80%, hitting a staggering 81.68 million addresses.

Out of over 100 million Toncoin wallets, 9.45 million are experiencing losses, likely having bought Toncoin when its price was in the $7–8 range.

Meanwhile, 9.48 million wallets, accounting for 9.42% of all Toncoin holders, are breaking even.

Toncoin reached its zenith of $8.24 on June 15, as per CoinMarketCap data, but since then, it's declined 18% from this peak.

Toncoin = $6.73

What makes decentralized exchanges different from centralized exchanges?

Decentralized exchanges (DEXs) let people trade directly from their wallets, unlike centralized exchanges. This gives users full control over their money and makes trading safer by reducing the need for middlemen.

#DEXs lower the risk of hacks or poor management often seen in centralized platforms. They use blockchain technology to ensure every trade is clear, traceable, and immutable, protecting user privacy and data.

By removing single points of failure found in centralized systems, DEXs create a more open and resilient market. This setup allows people worldwide to trade fairly, with power in their hands, transforming the understanding of trust and security.

DEXs offer a better trading experience by emphasizing user control and transparency.

Toncoin = $6.46

PocketFi’s BigPump Now on DeFiLlama, Simplifies Memecoin Data Tracking

@Pocketfi has announced that its memepad platform, BigPump, is now officially listed on @DeFiLlama_tg, a leading decentralized finance analytics platform.

BigPump offers users the ability to generate memecoins in as little as 30 seconds, streamlining a process that once required technical expertise. The platform is designed to make memecoin creation accessible to anyone, promoting innovation and creativity in the cryptocurrency space.

With its addition to DeFiLlama, BigPump gains greater visibility within the crypto community, potentially driving more users to explore the emerging trend of community or meme tokens.

PocketFi’s innovative tool reflects the growing demand for user-friendly solutions in blockchain, enabling enthusiasts to join the memecoin craze with minimal barriers.

Major to Introduce NFT Exchange to Telegram Ecosystem

@Majors has announced plans to integrate its NFT exchange into the Telegram ecosystem. The first phase of this rollout, set to launch next week, will enable users to rent and lease their "+888" numbers.

For users holding these unique numbers, Major offers the opportunity to earn rewards in $MAJOR tokens by leasing out their numbers. Meanwhile, those interested in renting these coveted numbers are encouraged to act swiftly and acquire $MAJOR tokens in anticipation of the launch.

"We are not going to slow down or feed you empty promises," Major stated. "NFT numbers are just the beginning. It will get much more interesting."

The announcement follows Major’s recent listing on multiple cryptocurrency exchanges. The token is currently valued at $1.21, with a market capitalization of $121 million. The platform’s integration into Telegram is part of its broader strategy to expand its ecosystem and offer innovative services to its users.

Why does the number of transactions matter in on-chain analytics?

When the number of transactions is steady or increasing, it indicates the network is performing well. This means more people are using and sticking with it, leading to new ideas and increased usefulness. Conversely, if the number of transactions decreases, it might suggest waning interest or network issues, such as slow speeds or high costs.

Monitoring these trends is crucial because it reveals the network's health and scalability. By understanding this, stakeholders can make informed decisions about improving the network, addressing issues, or identifying investment opportunities aligned with the network's growth and user needs.

How does analyzing gas fees help predict market activity?

When gas fees go up, it can show that there's a lot of activity or demand on a blockchain. Users pay these fees to miners to handle transactions, and they often change when the network is busy.

For example, during times when the market is crashing or booming, fees usually rise because everyone wants to make trades quickly. This rush can show that people are either worried or see a chance to make money. High fees can mean lots of trading is happening because of news, tech updates, or changes in investor confidence.

By watching these fee changes closely, investors and analysts can get useful insights into new trends and possible market movements. For example, if gas fees suddenly rise, it might mean important news just came out, leading to lots of buying or selling before it's obvious in regular price charts. This helps smart investors get ready to take advantage of opportunities or avoid risks before they become clear.

Understanding gas fees can show how users act and how healthy the network is. High fees all the time might mean people are interested in a blockchain, while sudden spikes could mean people are just speculating. Gas fees help us see what's happening in the blockchain world, giving important information to help people make better decisions in a changing market.

What do token flows between exchanges and wallets indicate?

When people move a lot of tokens from their personal wallets to exchanges, it often means they are getting ready to sell.

This can suggest they expect market changes or want to take advantage of high prices. Such moves can affect market stability, as big sales usually increase market volatility.

On the other hand, when many tokens are moved from exchanges to personal wallets, it might mean people are buying and holding for the long term, showing confidence in future price increases. This behavior suggests that these investors expect the market to improve over time.

By looking at these token flows, we can understand how people feel about the market, whether they are cautious and uncertain or optimistic and confident.

How do you spot early memecoin opportunities?

Monitor increasing social media chatter and vibrant community interactions. Memecoins thrive in environments driven by excitement and viral momentum.

Platforms like X, Reddit, Telegram and Discord are critical for insights, as they are hotbeds for the latest trends. Influencers and enthusiasts often ignite discussions there, which can propel a #memecoin to new heights.

Being active and engaging with/in these communities early can give you an edge by uncovering trends and sentiments before they reach mainstream awareness.

Explore, monitor, and join social media platforms focused on cryptocurrencies, such as Discord servers, X, Telegram, and Facebook, to dissect the latest meme coins. This proactive approach helps you gauge market trends and identify coins gaining traction.

Early visibility is crucial to capitalizing on these volatile yet potentially rewarding digital assets. Remember, the memecoin market is highly unpredictable. While there is potential for profit, approach these investments with caution and due diligence.

Balance your enthusiasm with informed decision-making to enhance your ability to navigate this dynamic and fast-paced digital frontier.