With a new analytics tool from IntoTheBlock (ITB), users will be able to explore 60+ different metrics of The Open Network (TON) blockchain.

Advanced Analytics for TON Now Available

IntoTheBlock, a provider of DeFi solutions for institutional investors, added support for The Open Network to its on-chain analytics service. This allows users to explore more than 60 metrics, including data on transaction volumes, network health, and user activity. 

What’s more, the IntoTheBlock team agreed to work directly with the TON Foundation to make these metrics available for free. 

The new solution provides users with deep insights into the TON ecosystem, which is one of the most actively used L1 blockchains. According to the press release, the TON network has over 47 million active addresses and approximately 3 million daily transactions.

The Open Network ecosystem is actively developing lately. Recently, it became known about the launch of EVM-compatible L2 protocol on the TON blockchain, thanks to which users will be able to access various decentralized applications (dApps) in the Ethereum ecosystem. Telegram’s Web3 capabilities are also growing, with the team adding a built-in browser for decentralized websites to the messenger in early August.

Author: Evgeny Tarasov
#Analysis #News #TON