According to Telegram founder Pavel Durov, more than 1 million self-custodial wallets were created on the messaging platform within 48 hours. Wallets activate automatically when users receive Grams, eliminating the need for manual setup. This mechanism removes barriers to crypto adoption by allowing new users to hold and transfer assets without leaving Telegram.

The Open Network (TON), powering Telegram's wallet, averaged 4.06 million daily transactions in October and added approximately 2.73 million new wallets throughout the month—its strongest monthly performance since October 2024. Stablecoin activity also expanded, with daily users reaching 37,693 in October, up 23.44% from September, indicating growing utility beyond token speculation.

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.