According to Pavel Durov's X post, more than 1 million self-custodial wallets appeared on Telegram within 48 hours. Wallets activate automatically when users receive Grams, the native token of The Open Network (TON), eliminating the need for manual wallet creation or seed phrase management.
TON recorded 4.06 million daily transactions and added approximately 2.73 million wallets throughout October. Stablecoin activity on TON averaged 37,693 daily users in October, a 23.44% increase from September, with total stablecoin supply reaching $585 million.