According to Pavel Durov, more than 1 million self-custodial wallets activated on Telegram within 48 hours. The milestone was announced via Durov's X post, accompanied by dashboard data confirming over 1 million registrations. Wallets activate automatically when users receive Grams, eliminating the need for manual creation and enabling a viral distribution mechanism where one user introducing crypto to another through a token transfer.

TON, the blockchain powering Telegram's wallet, recorded 4.06 million daily transactions during October and added approximately 2.73 million wallets throughout the month, its strongest monthly addition since October 2024. Stablecoin activity on TON increased to 37,693 daily users in October, up 23.44% from September, with total stablecoin supply reaching $585 million.

View Source

Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.