TON blockchain sees significant drop in daily active users

The Open Network blockchain has recorded a significant decline in daily active users, according to on-chain data from IntoTheBlock.

However, after exceeding 5 million on Sept. 27, the daily active address count on the TON network fell sharply to just 1.58 million as of Oct. 21.

This major decline, from a peak of 5.16 million active users to current levels, coincided with market turbulence and reduced network activity. New addresses and zero-balance addresses also declined, with metrics falling from 2.58 million and 346,000 to under 650,000 and 68,000, respectively.

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