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Toncoin (TON) Active Addresses Plunge 90%: Is a Deeper Correction Coming?
Toncoin (TON) Active Addresses Plunge 90%: Is a Deeper Correction Coming?
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[TRADE_PLUGIN]TONUSDT,TONUSDT[/TRADE_PLUGIN]
Toncoin TON News -
Toncoin (TON) is under significant pressure as active wallet addresses plummet by over 90% within a month, raising concerns about network engagement. Data shows a sharp decline from 12 million active wallets in early October 2024 to just 2.47 million by late April 2025—a cooling-off period following its Q4 2024 rally.
The ecosystem’s earlier growth, driven by Telegram mini-app integrations, now contrasts with weakening technical indicators and declining market value. This downturn presents major challenges for TON’s near-term recovery prospects.
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