According to Pavel Durov, more than 1 million self-custodial wallets activated on Telegram within 48 hours. The wallets automatically initiate when users receive Grams, eliminating the need for manual setup or seed phrase management. This viral distribution mechanism—where one user sending tokens introduces recipients to on-chain transactions—removes traditional barriers to crypto adoption.

The milestone reflects broader growth on The Open Network (TON), which averaged 4.06 million daily transactions in October and added approximately 2.73 million wallets throughout the month. Stablecoin activity surged 23.44% month-over-month in October, reaching 37,693 daily users, signaling growing practical utility beyond speculation.

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