The TON blockchain recently announced it has reached a milestone, registering a billion completed transactions on its network. Through its social media channels, the TON network team explained that half of this volume had occurred during the last three months. The project has benefited from the activity generated by projects such as Notcoin and Dogs and the launch of USDT, the dollar-pegged stablecoin with the largest market cap, on its network. However, not all has been smooth sailing for TON, as the blockchain suffered two outages linked to the DOGS token airdrop, which caused congestion and forced validators to do a chain restart to reestablish consensus.

Source : Bitcoin News - Sep 3, 2024